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Sunday, December 22, 2024

BUSINESS

Shoppertainment – The Symbiosis of K-Pop and TV Home Shopping

  On April 3, K-pop girl group Oh My Girl's unit group Oh My Girl Banhana made a debut through a showcase performance. Interestingly, the...

Korean Online Shopping Brand ‘Style Nanda’ Sell 70% Stake to L’Oreal

French cosmetics company L’Oreal is to acquire 70% stake in South Korean online clothing and cosmetic product brand Style Nanda. One of the leaders of...

San Francisco Bakeries Expand to Seoul

San Francisco’s renowned bakeries are heading to Seoul, Korea. In the midst of the domination of large-scale franchise bakeries in the city, the American...

Value Meal-Shaped McDonald’s Store Opens Near Olympic Venue

On February 8, McDonald’s announced the opening of new store designed especially for 2018 PyeongChang Winter Olympics. The new store, which will be open for...

Apple to Open Its First Store in Korea This Weekend

Apple is finally launching its first Apple Store in Seoul, Korea. On January 17, Apple Korea announced that Apple Store’s Seoul outpost will officially...

Koreans Praise Costco’s Reaction to Minimum Wage Increase

While a significant number of companies have been caught using tricks to save on employee wages after recent minimum wage increase in South Korea,...

Korean Characters Leading New Korean Wave

On November 11, which is the day people in China celebrate being singles by shopping offline and online, Alibaba’s shopping site T-mall went busy...

IMF’s Lagarde Expressed Worries about South Korea’s Glass Ceiling

  The International Monetary Fund’s Managing Director Christine Lagarde commented that South Korean society is going toward a “collective suicide,” according to IMF’s Asia and...

Forever 21 Launches Beauty Store Riley Rose

Forever 21, a global fast fashion retailer co-founded by a Korean-American couple, has launched its first beauty store insider a mall in Glendale, CA. Named...

Forever 21 Cofounders Do-Won and Jin-Sook Chang Rank 302 on Forbes 400

Do-won and Jin-sook Chang, the cofounders of Forever 21, ranked 302 on Forbes 400, 80 places down from the last year’s rank. According to the...