Korea Latest News - Inside Retail Singapore

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.

Gong Cha bubble tea could fetch US$442 million

South Korean private equity firm Unison Capital is selling its Gong Cha bubble tea franchise in a deal likely to fetch up to US$442 million.

Global grocery markets growth fuelled by Asia, says IGD

Global grocery markets are likely to generate an additional US$1.9 trillion in sales by 2023, led by Asian countries, according to new research data.

Lazada commits to removing counterfeit South Korean goods

Lazada has pledged to remove any counterfeit South Korean goods from its platform.

Not delivering on customer experience costs retailers in Asia

Nearly two-thirds of consumers in Asia will no longer shop with a retailer after just one poor customer experience.

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