SEOUL, Feb. 2 (Korea Bizwire) — The number of consumers looking for cosmetics and perfumes is increasing rapidly as the government eased indoor mask-wearing restrictions. Fashion shopping platform ZigZag reported a 67 percent jump in lipstick sales between Jan. 20-30 compared to December 2022. Sales of lip balms and lip tints jumped by 23 percent [...]
SEOUL, Feb. 2 (Korea Bizwire) — Hyundai Motor Co. and its affiliate Kia Corp. said Thursday their combined sales in the United States rose 15 percent in January from a year earlier on robust sales of SUVs and eco-friendly models. Hyundai and Kia sold 107,889 vehicles in the world’s most important automobile market last month, [...]
SEOUL, Jan. 31 (Korea Bizwire) — Sales of cigarettes in South Korea edged up 1.1 percent in 2022 from a year earlier, the finance ministry said Tuesday, despite the government’s anti-smoking campaign. South Korean smokers purchased 3.63 billion 20-cigarette packs in 2022, slightly up from 3.59 billion packs tallied a year earlier, according to the [...]
SEOUL, Jan. 25 (Korea Bizwire) — Sales of basketball merchandise have surged ever since “The First Slam Dunk,” a Japanese animated film based on the cartoon popular in the 1990s, hit the theaters. South Korean online shopping mall SSG.com saw its basketball-related sales from Jan. 11-18 jumped by 26 percent from last year for the [...]
SEOUL, Jan. 25 (Korea Bizwire) — Sales of luxury imported cars priced over 100 million won (US$81,100) set a new record in South Korea last year. The Korea Automobile Importers & Distributors Association reported that 71,899 luxury vehicles priced over 100 million won were sold last year, an increase of 10.3 percent from the previous [...]
SEOUL, Jan. 25 (Korea Bizwire) — South Korea’s imports of sterilized milk increased sharply last year when the nation’s food industry carried out price hikes, a state-run agricultural think tank said. The nation’s imports of sterilized milk amounted to an estimated 33,000 tons last year, up 42 percent year on year, according to a report [...]
SEOUL, Jan. 18 (Korea Bizwire) — Hyundai Motor Co. and its smaller affiliate Kia Corp. said Wednesday their combined sales in Europe rose 4.2 percent in 2022 from a year earlier amid a global chip shortage and the COVID-19 pandemic. Hyundai and Kia sold a combined 1,060,989 vehicles in Europe last year, up from 1,018,636 [...]
SEOUL, Jan. 16 (Korea Bizwire) — Apple Korea’s sales rose slightly to 7.3 trillion won (US$5.9 billion) last year, data showed Monday. The South Korean unit of U.S. tech giant Apple Inc. logged 7.3 trillion won in sales from Oct. 1, 2021, to Sept. 30, 2022, up from 7.1 trillion won the previous one-year period, [...]
SEOUL, Jan. 16 (Korea Bizwire) — A growing number of Koreans are eating meals at home instead of going out due to the pandemic and restaurant price increases brought on by inflation. As a result, demand for miniature-sized vegetables is rising. Discount retailer Emart Inc. reported that last year’s sales of raon paprikas, which come [...]
SEOUL, Jan. 12 (Korea Bizwire) — South Korea’s meal kit market still remains active unlike expectations that it would contract after the lifting of social distancing rules, as ready-to-eat meal products are still popular as an alternative to dining out amid a period of prolonged inflation. E-Mart24 Inc., the convenience store arm of South Korean [...]