SEOUL, July 4 (Korea Bizwire) — The Ministry of Patriots and Veterans Affairs and the Federation of Korean Industries have partnered to initiate a new project aimed at distributing shoes to the 1950-1953 Korean War veterans who have been struggling with foot injuries. Recently, the two organizations signed an agreement regarding the respectful treatment and [...]
SEOUL, April 28 (Korea Bizwire) — South Korean tiremaker Hankook Tire & Technology Co. said Thursday it has partnered with sport fashion brand, Pro-Specs, to launch three limited edition pairs of running shoes. The iON evo, Hankook Tire’s high-end tire designed for electric vehicles, inspired the patterns on the shoe’s outsole, which enhance its anti-slip [...]
BUSAN, May 21 (Korea Bizwire) — The Footwear Industrial Promotion Center of the Busan Economic Promotion Agency, together with local startup K-Nets & ENG Co., has jointly released a new augmented reality (AR)-based application that enables users to virtually try on a variety of shoes. With the new SHOEDOG app, consumers can try on shoes [...]
SEONGNAM, Feb. 26 (Korea Bizwire) — A shoemaker that employs disabled workers delivered a pair of shoes to President Moon Jae-in and his wife, Kim Jung-sook, on Tuesday, company officials said. The social enterprise, Scene of Making Shoes, said its chief, Yu Seok-yeong, visited the presidential office Cheong Wa Dae for the delivery of the [...]
SEOUL, Aug. 28 (Korea Bizwire) — As the approval ratings for President Moon continue to climb and climb, a byproduct of his popularity has been a surge in consumer preference for “Moon Brand” products. From the checkered shirt he wore while speaking on the phone with President Trump to the orange striped necktie spotted with [...]
SEOUL, March 28 (Korea Bizwire) – Sales of sneakers rose sharply last year from a year earlier, industry data showed Tuesday, as health-conscious people of all ages are opting to run as an easy way to exercise. Sales of sneakers posted a whopping 96 percent rise last year from the previous year, according to data [...]
SEOUL, March 2 (Korea Bizwire) – Re-selling limited edition products is good business for opportunists. The latest hype in Korea has been over the Adidas Yeezy Boost 350 v2 “Zebra,” co-designed by American rapper and producer Kanye West. This extremely limited edition pair of shoes sold for a retail price of 289,000 won ($255.75), but [...]
SEOUL, May 10 (Korea Bizwire) – Sales of high-heel shoes are on the decline as Korean women are increasingly seeking shoes with lower heels. According to Kumkang, a major shoemaker in Korea, high heels (taller than 7cm) accounted for only 54 percent of its women’s footwear sales in 2015. The figure was 83 percent in [...]
SEOUL, Sept. 2 (Korea Bizwire) – A recent survey has revealed that Koreans spend an average of 300,000 won every year on shoes. ABC Mart, a discount shoe store, conducted a survey in collaboration with GfK, a market research company, asking 1,000 men and women between the ages of 15 and 49 about their shoe [...]