Korea Latest News - Inside Retail Singapore

The newest South Korean retail trend: crowdfunding

While South Korean retail companies are competing over speed in the delivery market, the crowdfunding market is rising as the new form of consumer activity in the country.

‘Economic headwinds’ end glory days of Samsonite sales

“Economic headwinds” in the latest quarter have brought an end to the stellar run of Samsonite sales growth.

Xtep buys footwear brands Palladium, K-Swiss and Supra

Hong Kong-listed sportswear giant Xtep International has bought the K-Swiss, Palladium and Supra brands from South Korea’s E-Land.

Honestbee CEO departs, opening the way for fresh funding

Honestbee CEO and cofounder Joel Sng has stepped away from the business, clearing the way for a fresh round of investment.

Mixed results for Giordano International

Hong Kong casual apparel brand Giordano International has reported a small increase in sales for last year – and a small dip in profit.

Men wearing make-up driving K-beauty boom

Men wearing make-up – once a practice unique to TV stars and celebrities – is becoming a part of popular culture in South Korea.

The hottest shopping destinations for Chinese tourists

Hong Kong, Tokyo, Seoul and Singapore are among the hottest shopping destinations for Chinese tourists last year, according to Ctrip.

Jumbo Seafood South Korea to launch later this year

The first Jumbo Seafood South Korea restaurant is on schedule to open by the third quarter of this year.

Asia-Pacific shoppers favour cross-border shopping

Half of online shoppers in Asia-Pacific make purchases cross-border.

International sales bolster McDonald’s results

Strong international sales ensured respectable McDonald’s results in the latest quarter.

LVMH achieves record result, with profit up 21 per cent

The world’s largest luxury retailer LVMH shrugged off broader market pessimism overnight reporting record revenue of €46.8 billion last year.

Apple sales and profit slip as iPhone demand tumbles

Tumbling iPhone demand drove an uncharacteristic decline in Apple sales in the first quarter trimming back its profit for the period.

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