Seoul to create K-beauty road as part of interactive tourism

South Korea’s capital city Seoul will set up a walking route full of beauty products, services and interactive programs for visiting tourists....

Lessons learned from Blackpink label's M&A flops

South Korea-based YG Entertainment Inc., the label behind popular K-pop girl group Blackpink, is pushing to sell off its profitable golf business in...

Shinsegae enters alternative meat market with own brand

South Korea’s retail conglomerate Shinsegae Group’s food affiliate Shinsegae Food Inc. has entered the fast-growing alternative meat mar...

Shinsegae-Naver alliance to sell local-themed meal kits as first collaboration

Shinsegae Group and Naver Corp. have jointly devised their first retail business model in about four months after their long-term business agreement...

IMM PE to buy $1.3 bn stake in Korea’s top furniture brand Hanssem

Hanssem Co., South Korea’s largest furniture and home furnishing company, said on Wednesday its honorary chairman and other key shareholders h...

Kodak, National Geographic pivot to become fashion brands in Korea

For more than a century, Kodak was a household name for quality cameras that were treated as valuable possessions -- often kept in the cabinet and o...

No.1 K-pop goods maker Copan Global eyes digital expansion

The world of K-pop is globally known for offering a truly wide selection of merchandise items for fans. While balloons were the only goods used by t...

Paint makers lure MZers with YouTube stars, fashion brand

A car pulls in front of an old warehouse. In funky and vivid outfits and holding various tools in their hands, five boys and girls from the Ambiguou...

Coway keeps No.1 spot in Malaysia’s water purifier market for 10 years

South Korea’s home appliance rental service provider Coway Co. has maintained the top position in Malaysia’s water purifier rental marke...

LG launches QNED TV to rival Samsung in premium TV market

LG Electronics Inc. has launched new flashy flagship TV models, with which the South Korean home electronics giant aims to compete with its bigger r...

Malaysia becomes preferred destination for Korea’s convenience chains

South Korea’s major convenience store chains are rushing to enter the Malaysian market. E-Mart 24, the convenience chain operated by Shinsegae...

DearU strives to catch up with leading K-pop fan platform Weverse

Imagine getting this text from your favorite K-pop group member: “Hey, what did you eat for lunch? Can’t wait to see you at the concert ...

K-pop fan engagement platform DearU eyes H2 listing

South Korea-based fan platform DearU Co. has filed a preliminary application to the Korea Exchange with plans for a trading debut on the country&rsq...

Toss Bank to compete with K Bank, Kakao Bank from September

Toss Bank in September will enter the race of internet-only banks in South Korea as the third player, competing against K Bank and Kakao Bank. Toss ...

LG unveils fresh-faced logo designs to firm up brand storytelling

South Korea-based electronics giant LG has revealed new designs of its logo, "Face of the Future," in a move to upgrade its brand storytelling. On J...

UK lifestyle brand Barbour enters legal battle with 10-year partner in Korea

The recent decision by Barbour, the British lifestyle brand under J. Barbour & Sons Ltd., to transfer the rights to sell its products in South K...

Chanel, Hermes, LV raise prices in Korea, but sales remain strong

Luxury brands are hiking up prices in South Korea. Designers such as Hermes, Louis Vuitton and Chanel have increased their prices in Korea this year...

Chips, autos set S.Korea’s May export growth at fastest pace in 32 years

South Korea’s exports surged to the highest level in over 32 years in May on the back of strong demand for semiconductors and automobiles, rei...

Luxury goods platform MUST'IT raises over $10 mn from VC firms

South Korea-based luxury goods platform MUST'IT has secured 13 billion won ($11.7 million) in a bridge round from venture capital firms Kakao Invest...

K-pop content platforms team up to take lead in community market

Platform operators targeting global K-pop fans are mired in fierce competition as companies team up to vie for the lead in the fan community platfor...

BTS smooths Butter at Billboard Music Awards; scoops up 4 awards

BTS is unstoppable. The K-pop boy band continues to set fresh records -- becoming the first Korean band to scoop up four awards at the 2021 Billboar...

Internet-only K Bank to raise $1.05 bn in rights offering

South Korea’s first internet-only bank, K Bank, will be raising 1.2 trillion won ($1.05 billion) from existing and new investors for business ...

ASML joins K-Semiconductor Belt with $210 mn investment by 2025

The Netherlands-based ASML Holding N.V., the world’s leading supplier of semiconductor equipment, will be joining the South Korean government-...

Hyundai’s premium Genesis brand sells over 500,000 cars since launch

Hyundai Motor Co.’s standalone high-end brand Genesis has reached a landmark with sales of over 500,000 cars since its launch as the top South...

K-beauty boom makes S.Korea the fourth-largest cosmetics exporter

Cosmetics industry sees continued export growth for two straight decades K-beauty has emerged as a global trend, thanks to the development of innov...

BTS-loved kombucha brand Teazen up for sale

The majority shareholder of South Korea’s fine tea brand Teazen Co. is seeking to sell ownership of the company, attracting multiple potential...

Entertainment shares to soar in Q2 following BTS, Blackpink comeback

South Korean entertainment labels are expected to see their earnings momentum back in full swing in the second quarter as popular K-pop groups such ...

Korean content shares soar as platforms eye overseas expansion

Shares of Korean content providers are flying high as platform operators such as Kakao Entertainment Corp. are looking to expand overseas to bask in...

Hyundai to build ultra-fast EV charging infrastructure under E-pit brand

Hyundai Motor Group has unveiled a plan to build high-speed electric car charging infrastructure across the country as the South Korean auto giant s...

Growing fandom of BTS, other K-pop idols revives album market

In the South Korean music industry, the emergence of Soribada, the country’s first peer-to-peer file-sharing service, in 2000 heralded the beg...