Lotte Home Shopping showcases Bellygom at Manhattan’s Pier 17

Lotte Home Shopping showcases Bellygom at Manhattan’s Pier 17

NEW YORK – Lotte Home Shopping Inc. displayed Bellygom at Manhattan’s Pier 17 on Wednesday, on the sidelines of the Korea Brand Expo in ...

IMM seeks to sell off low-cost cosmetics brand Missha

IMM seeks to sell off low-cost cosmetics brand Missha

IMM Private Equity is trying to sell off the management rights of Able C&C, the parent of Korea’s first-generation low-priced cosmetics br...

Lotte Home Shopping to nurture Bellygom as a global character 

Lotte Home Shopping to nurture Bellygom as a global character 

Lotte Home Shopping Inc. announced Thursday the company will showcase Bellygom at a New York City exhibit next week, as part of a broader plan to gr...

K-pop, Toyota’s platform for marketing in the US

K-pop, Toyota’s platform for marketing in the US

LOS ANGELES -- Toyota Motor Corp., the top global automaker, showcased its sports cars – the GR86 and the GR Supra – at the Los Angeles ...

Chinese game Genshin Impact's summer fest draws large crowds in Seoul

Chinese game Genshin Impact's summer fest draws large crowds in Seoul

Shanghai-based game developer and publisher miHoYo Co. on Wednesday wrapped up its well-attended week-long Genshin 2022 Summer Festival in Seoul.&nb...

SSG.COM joins race for top spot in luxury online shopping in Korea

SSG.COM joins race for top spot in luxury online shopping in Korea

SSG.COM, the e-commerce brand of South Korean retail giant Shinsegae Inc., launched its online luxury goods marketplace SSG Luxury on July 3. Focusi...

Korean duty-free shops hit by unfavorable exchange rate, limited inventory

Korean duty-free shops hit by unfavorable exchange rate, limited inventory

The duty-free industry has been hoping that the end of COVID-19-related travel restrictions would help boost its sales. Even as international t...

K-beauty sales see sharp drop at China's major shopping event

K-beauty sales see sharp drop at China's major shopping event

South Korean cosmetics giants failed to win over Chinese consumers at the 618 Shopping Festival, one of the largest online annual shopping events in...

Lotte Duty Free to close COEX store in central Seoul

Lotte Duty Free to close COEX store in central Seoul

Lotte Duty Free, South Korea’s largest duty-free business operator, is closing one of its flagship stores in Seoul in the wake of the COVID-19...

E-Mart, Lotte Shopping hit by US retailers' earnings shocks

E-Mart, Lotte Shopping hit by US retailers' earnings shocks

Shares in E-Mart Inc., South Korea’s largest supermarket chain, have been hovering near their lowest level in almost two years, on the back of...

E-Mart's conundrum over changing shopping habits

E-Mart's conundrum over changing shopping habits

For middle-class families in South Korea, it has become a morning ritual to bring the boxes of fresh produce and daily necessities delivered overnig...

Korea electronics retailers face headwind from e-commerce, dept. stores

Korea electronics retailers face headwind from e-commerce, dept. stores

South Korea’s major electronics retailers such as Lotte Himart are facing a headwind as more customers are buying home appliances online and d...

LG Household acquires The Crème Shop for US expansion

LG Household acquires The Crème Shop for US expansion

LG Household & Health Care Ltd. has acquired a controlling stake in The Crème Shop Inc. as it seeks to expand its presence in the US beau...

Korea reopening stocks rally as govt. eases COVID-19 restrictions

Korea reopening stocks rally as govt. eases COVID-19 restrictions

South Korea’s reopening stocks jumped on Friday as the government eases COVID-19-curbing restrictions and as the number of the Omicron variant...

Lotte says to become the norm in metaverse retail space

Lotte says to become the norm in metaverse retail space

Lotte Group Chairman Shin Dong-bin is so determined to make the metaverse the group's next playing field that he recently proposed a metaverse meeti...

Shopping platform Queenit receives $43 mn funding from VC juggernauts

Shopping platform Queenit receives $43 mn funding from VC juggernauts

Online shopping platform Queenit recently received 36 billion won ($30 million) from Kakao Ventures Corp., SoftBank Ventures Korea Corp. and more,...

SK Telecom taps AI expert as new technology chief

SK Telecom taps AI expert as new technology chief

SK Telecom Co., South Korea's top mobile carrier, has tapped its e-commerce arm's chief executive and artificial intelligence (AI) expert Lee Sang-h...

Kosdaq Listed Companies Association announces top Kosdaq blue chips

Kosdaq Listed Companies Association announces top Kosdaq blue chips

The Kosdaq Listed Companies Association of South Korea announced its top Kosdaq blue chips during its 13th annual award conference held on Dec. 16...

Korean duty free shops take opposite paths to draw Chinese shoppers

Korean duty free shops take opposite paths to draw Chinese shoppers

There appear to be two diverging roads for South Korea's top duty free operators Lotte and Shilla: expanding outside China, or going deeper inside t...

Korea homegrown app begins process for H1 2022 listing

Korea homegrown app begins process for H1 2022 listing

One store Co., the South Korean homegrown app store developed by the country’s top online platform Naver Corp. and three telecom carriers, is ...

Chunsa International Film Festival

Chunsa International Film Festival

Chunsa International Film Festival is where filmmakers and audiences meet and look to collaborate on the constructive future of Korean films. In memor...

Jeju as Korea's new shopping mecca: Shinsegae's task ahead

Jeju as Korea's new shopping mecca: Shinsegae's task ahead

Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...

Lotte Shopping to acquire furniture maker Hanssem with IMM PE

Lotte Shopping to acquire furniture maker Hanssem with IMM PE

Lotte Shopping Co., South Korea’s top department store operator, is set to acquire Hanssem Co. with IMM Private Equity.IMM PE selected Lotte S...

Amazon Global Store shakes up S.Korea’s e-commerce scene

Amazon Global Store shakes up S.Korea’s e-commerce scene

Amazon Global Store posted a stellar first-week performance in South Korea. The service, launched at the end of August on SK Telecom Co.’s onl...

S.Korean govt to spend $5.4 bn to develop sensors, improve EV repair

S.Korean govt to spend $5.4 bn to develop sensors, improve EV repair

South Korean government will spend 6.3 trillion won ($5.4 billion) next year in supporting the state-designated Big 3 industries: future vehicles, n...

Amazon teams up with SK’s 11Street to offer Global Store for Koreans

Amazon teams up with SK’s 11Street to offer Global Store for Koreans

SK Telecom Co.’s e-commerce platform 11Street Co. has teamed up with Amazon, the world’s largest online shopping mall, to offer the US c...

‘Revenge shopping’ lifts Korean retail giants’ Q2 earnings

‘Revenge shopping’ lifts Korean retail giants’ Q2 earnings

Major department stores in South Korea such as Shinsegae Department Store and Hyundai Department Store Co. have seen their earnings improve signific...

Apple adds LG Elec to iPhone vendor list in Korea

Apple adds LG Elec to iPhone vendor list in Korea

LG Electronics Inc. will begin to sell Apple Inc.'s iPhone at its retail stores across South Korea from mid-August, as the Korean home appliance mak...

Metaverse platform Maxst makes strong debut on Kosdaq

Metaverse platform Maxst makes strong debut on Kosdaq

South Korea-based metaverse platform Maxst Co. made a strong debut on the country’s tech-heavy junior bourse Kosdaq on July 27 with its share ...

Naver to boost content, shopping businesses in Q4 via Shinsegae alliance

Naver to boost content, shopping businesses in Q4 via Shinsegae alliance

South Korea’s top portal operator Naver Corp. plans to beef up its shopping and content businesses in the second half of this year, backed by ...

President Lee meets Hyundai, LG chiefs, promotes ‘one team’ approach Hanwan Ocean wins $1.4 bn order to build 7 LNG dual-fuel ships K-content reign continues as Squid Game returns in force South Korea’s EV exports rebound in June after 16-month decline Yes, it’s K-beauty: Strong buying appetite for makeup brands even before they're up for sale