luxury sales to foreigners

South Korea's activewear maker Andar posted record quarterly sales of 61.6 billion won ($47 million), moving one step closer to retaking the market ...

Global carmakers such as Volkswagen, Hyundai Motor Group and Stellantis N.V. are in a race to release cheaper electric vehicles with the entry price...

South Korea's Kia Corp. announced on Tuesday that it will begin exclusive EV9 care services. The company will offer after-sale services throughout t...

SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...

Samsung Electronics Co. solidified its position as the world’s top smartphone vendor by volume in the second quarter, widening its sales gap w...

Foreign users of major subway stations in Seoul can communicate with Seoul Metro Corp. staff through simultaneous translation.  Through artific...

The state-run Korea Development Bank (KDB) is looking for alternative options to sell Asiana Airlines Inc. to prepare against a possible collapse of...

South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...

Three leading South Korean automakers – Hyundai Motor Co., Kia Corp. and KG Mobility Corp. – are upping the ante in their fight to garne...

Lotte Home Shopping's virtual human Lucy expands her activities by selling The Galaxy Z Flip 5 and "Z Fold 5" on live commerce, following her attend...

Once everyone’s darling but now an ugly duckling, Capro Co., South Korea’s sole maker of caprolactam, a nylon raw material, is despera...

South Korea’s Lotte Tour Development's Jeju-based casino saw record revenue in July thanks to an increased number of foreign tourists to the c...

South Korea's Ministry of Trade, Industry and Energy on Wednesday said it will allocate 5 trillion won ($3.8 billion) of its R&D budget for exce...

Kia Corp., South Korea’s second-largest automaker, has been dismissed as the weaker sibling or smaller sister firm of Hyundai Motor Co., the c...

South Korea’s duty-free shops suffered a sharp decline in sales in June, when the number of Chinese visitors jumped more than three times that...

South Korea's car sector posted strong sales last month as favorable exports offset the sluggish domestic market.Industry sources on Tuesday said th...

Samsung Bioepis Co., a biopharmaceutical research and development unit under South Korea’s Samsung Group, seeks to buy a biosimilar business d...

South Korea’s exports declined at their steepest pace in more than three years last month, data showed on Tuesday, adding to expectations that...

Chinese battery materials suppliers are rushing to expand their production bases in South Korea, mainly in partnership with domestic companies.Such ...

Samsung Electronics Co. announced that one out of every three of its Neo QLED and QLED TVs sold in South Korea between January and July this year fe...

South Korea is seeing a gradual decline in the open run, or the practice of customers standing in line before a brand's opening at a department stor...

About 100 Philippine housekeepers will come to work in South Korea this year under a pilot public project to raise the birth rate by reducing the ho...

South Korean food giant CJ CheilJedang Corp. announced on Monday that it has completely sold its ownership stake in its Chinese food subsidiary, Jix...

Sweden's Volvo offers the best after-sales service among imported automobile dealers in South Korea, while locals drivers are disappointed by the cu...

South Korean tire manufacturers enjoyed healthy earnings thanks to strong global demand for electric vehicles and new cars adding to expectations th...

The (South) Korea Tourism Organization (KTO) on Friday said 961,000 foreign visitors came to the country last month, a 321.9% jump from June last ye...

Hanwha Group, South Korea’s chemicals-to-defense conglomerate, has put its non-core financial unit Hanwha Savings Bank up for sale, in a move ...

South Korea’s Boryung Corp. has alleviated the fear of falling behind in its sector expressed by its third-generation chairman Jay Kim Jung-Gy...

South Korea's Samyang Foods Co. announced on Friday that the cumulative sales of ramen with its Hot Chicken Flavor Ramen, or Buldak-bokkeum-myeon br...

South Korean electric vehicle battery maker are offered upbeat market outlooks, gaining structural growth momentum through strong competitiveness wi...