wholesale Archives | Be Korea-savvy
Wholesale Fashion Industry Sees Strong Momentum in Digital Commerce for the Second Consecutive Year

Wholesale Fashion Industry Sees Strong Momentum in Digital Commerce for the Second Consecutive Year

NEW YORK, Dec. 8 (Korea Bizwire) – JOOR, the world’s leading digital wholesale platform, today released its end of year figures for 2021. These data points confirm the continued acceleration of digital adoption among brands and retailers, and that even with the return of in-person markets and events, electronic B2B commerce continues to play an important [...]

Genscape Partners with Mitsubishi Research Institute for Wholesale Market Service in Japan

Genscape Partners with Mitsubishi Research Institute for Wholesale Market Service in Japan

Louisville, KY, Jul. 9 (Korea Bizwire) — Today, the Japanese headquartered Mitsubishi Research Institute and U.S.-based Genscape, Inc signed a partnership agreement to provide real-time data services to the newly liberated Japanese wholesale power market. In April 2016, the Japanese retail power market was fully liberalized, dramatically increasing activity, opportunity, and the need for transparency [...]

Franchises Less Profitable Than Stand-Alone Shops

Franchises Less Profitable Than Stand-Alone Shops

SEOUL, Dec. 22 (Korea Bizwire) – Despite much larger sales, franchisees in South Korea earn less money than owners of stand-alone stores due to higher costs, a report said Thursday.  The operating margin for one-man franchise stores in the wholesale and retail sectors came to 12.8 percent in 2014, 10.5 percentage points lower than that [...]