SEOUL, April 2 (Korea Bizwire) — South Korean department stores are ramping up efforts to attract male customers, whose growing numbers are changing the retail landscape. According to data from Shinsegae Department Store, male customers, which accounted for 28.1 percent in 2010, now represent just over 34 percent of the major department store’s customer base. Sales [...]
SEOUL, Aug. 24 (Korea Bizwire) — Shinsegae Department Store announced on Wednesday the opening of its Luxury Watch & Jewelry Fair at its Gangnam branch from Friday until the end of August, showcasing high-end jewelry and watches from international brands. With 34 brands on board, and products worth nearly 60 billion won on sale, it’s the [...]
SEOUL, Jul. 11 (Korea Bizwire) — Shinsegae Department Store is tackling July head on in a bid to boost revenue in what is typically the worst sales month of the year, by launching a series of mobile events and services. The South Korean department store chain announced on Sunday plans to send shopping information to clients [...]
SEOUL, Dec. 14 (Korea Bizwire) – Customers who spend big at the country’s major department stores jumped this year, industry data showed Wednesday, despite a prolonged economic slump here. The number of wealthy customers at the four stores — Lotte Department Store, Hyundai Department Store, Shinsegae Department Store, and Galleria Department Store — jumped by [...]
BUSAN, Oct. 14 (Korea Bizwire) – May is no longer the most favorable month for weddings Korea, recent data shows. Instead, fall has become the most popular season for those tying the knot. Based on Lotte Department Store’s “Wedding Members” data, October saw the highest percentage of weddings at 19 percent in 2015, followed by [...]
SEOUL, Dec.7 (Korea Bizwire) – Even through this period of slow economic growth, sales of high-end watches continue to be strong. According to Shinsegae Department Store, sales of luxury watches worth millions have increased over the past two years. In the 23-month period from January 2014 to November 2015, sales of high-end watches increased by [...]
SEOUL, July 27 (Korea Bizwire) – A grand “bargain sale” prepared by major department stores has finally opened the tightly closed purses of Korean customers. According to Lotte Department Store, which held a bargain sale event called “Lotte Black Super Show” at KINTEX in Ilsan, northern Seoul, from July 23 to 26, it recorded a total [...]
SEOUL, Feb. 13 (Korea Bizwire) – Shinsegae Department Store is holding a photo shoot event for Valentine’s Day on the seventh floor of its head branch store in Chungmuro from February 13 to 15. Couples, friends and families can preserve their moments in wall-size, black-and-white photographs. Shinsegae’s Gwangju Branch is also holding a similar event for customers who [...]
SEOUL, Feb. 7 (Korea Bizwire) — La Maison du Chocolat, the international luxury chocolatier, opened its first store on the first basement level of Shinsegae Department Store’s Main Branch in Sogong-dong, Korea on February 6. Highly refined chocolate treats made with the best quality cacao beans, and exquisite macarons are the main attractions of [...]
SEOUL, Jan. 21 (Korea Bizwire) – Shinsegae Department Store has opened a bicycle shop at its main store in Chungmuro, being the first department store in Korea that is home to a bicycle shop. The shop features classic models from Pedersen Bicycles, often called ‘the Bentley of Bicycles,’ multi-purposed ‘Cargo and Cruiser’ bikes from Johnny Loco, and [...]