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Almost half of South Koreans in their 20s said they would prefer to be part of a couple that does not have children after marriage in 2020, in a jump from 2015, when only 3 in 10 Koreans backed the idea, a local think tank said Monday. In 2015, 29.1 percent of Koreans in their 20s said raising children was not a must, whereas in 2020, 52.4 percent said yes to the same idea, according to the Korea Developmen
This weekend, the French luxury house staged its first-ever show in Seoul and inaugurated a new concept store in the district of Seongsu-dong. At the show venue, chairman and CEO Pietro Beccari explains why he is bullish on South Korea’s potential.
KOREA's TOP 100 BRANDS: In South Korea over the last 12 months, the brands that gained favour among consumers were those that met the moment in terms of convenience, safety and demonstrable responsibility.
Have you ever thought about the implications that a simple act, such as throwing away a piece of clothing, can have on the planet? How many clothes are just laying in your closet, until one day, you wake up and realize that you don’t even wear them anymore? Although you may not realize it, throwing
The growing secondhand market offers younger generations of Koreas a way to demonstrate both style and substance through “value shopping”
McDonald’s Korea announced on Feb. 4 that it has released a new menu item “Spicy McNuggets.” The company has taken its flagship side dish “McNuggets” and added a spicy flair.
South Korea’s exports of kimchi recorded an all-time high last year, reaching a trade surplus for the first time in 12 years, data showed Monday. Kimchi is a traditional Korean side dish made of spicy sauce and fermented cabbage. According to the Korea Customs Service, exports of kimchi surged by 10.7 percent on-year to $159.9 million last year. The figure surpassed the record-high exports of $144.5 millio
South Korea’s consumer prices in November surged by 3.7 percent, the highest rate in nine years and…
South Korea is set to become a key target market for regional casino operators in the absence of Chinese consumers over the next few years
The Korean e-commerce landscape is undergoing seismic change. On top of the accelerating transition of consumers to digital due to the pandemic, the past several months have seen competition between…
Consumer concerns about health are driving an increasing interest in salads in Korea
Nearly 8 out of 10 South Korean consumers have increased their online shopping during the coronavirus pandemic, a poll showed Monday. The survey of 1,000 local consumers, taken by the Korea Chamber of Commerce and Industry, showed 78.4 percent of the respondents saying their online purchases have risen since the outbreak of COVID-19. About 71 percent of them said they have purchased more foodstuffs and beverage
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Article - Outbound Tourism from South Korea Set to Boom with COVID-19 Travel Restrictions Easing Up - Due to plummeting traveller confidence and stringent COVID-19 measures, outbound tourism from South Korea reduced to mere fractions of what they were in pre-pandemic times. Nevertheless, with the country now easing some of its pandemic restrictions, tourism demand among South Korean travelers is set to flourish, finds GlobalData.
South Korea offers a unique opportunity for sustainable solutions that can fill the current supply chain gap.
Samsung Electronics, LG Electronics and food and beverage companies such as Lotte Chilsung and Dongwon F&B are capitalizing on the expanding sustainable consumption trend by making their products using eco-friendly materials.
SEOUL, Sept. 6 (Korea Bizwire) — Three out of ten South Korean consumers take a company’s record on the environment into …
High-end European fashion brands have opened stores serving food and beverages to satiate Korean consumers‘ voracious appetites for luxury goods and fine dining experiences. Swiss watchmaker Breitling opened its largest boutique to date in Hannam-dong, central Seoul, earlier this month. The opening has accelerated the brand’s move into new offerings that go beyond its core watchmaking business
Chopsticks are technically the major eating utensils for the four East Asian countries; China, Japan, Korea and Vietnam. Many Southeast Asian cultures use spoon and fork for many dishes and may employ chopsticks for noodles. In this article, we discover the do’s and don’t’s culture and tradition of the humble chopsticks.
BR Korea, the South Korean branch of ice cream specialty shop chain Baskin Robbins, launched "flow", an unmanned store franchise that offers contactless services. Announced on 2nd December 2021, the first store is located in Wirye New Town, Seoul.
Retail sales in South Korea surged 14.4 percent in October from a year earlier as more consumers opened their wallets amid various promotional events and cold weather, the industry ministry said.
Seoul, Oct 18 (IANS) Major South Korean travel agencies are expected to recover from the prolonged fallout of the Covid-19 pandemic and swing to a profit in 2022 on growing demand for overseas travel, a market tracker said on Monday. Local brokerage houses have projected that industry leader HanaTour could register a consolidated operating income […]
Korean duty-free operators are breaking their business barriers and teaming up with competitors at home and abroad to survive the protracted Covid-19 environment where international travel remains restrained.
Online shopping transactions in South Korea grew at the fastest pace in the April to June period from a year ago as online and mobile food and grocery shopping become a norm in Covid-19 environment.
“Lotte Duty Free will continue to diversify its business and continue to grow as a travel retailer rather than as a basic duty free retailer,” says the Korean powerhouse as it makes an intriguing move into cross-border ecommerce.
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