11st

Retail Asia03/12/2018

South Korean retailers enjoyed a big sales boost from annual shopping extravaganza they launched in November to join the world’s major shopping events like Black Friday in the U.S. or Single’s Day in China. According to industry sources on December 2, Lotte Department Store, one of the country’s retail majors saw its sales from Nov. 1 to 29 […]

Retail Asia26/06/2018

K-pop merchandise is selling well on e-commerce platform 11st’s global website, boosted by fans from the greater China region, which account for 43 percent of the products’ sales. According to figures for the first five months of the year, 43.2 percent of customers for K-pop merchandise online are from China, Hong Kong, Macau and Taiwan. […]

Retail Asia08/09/2017

South Korean online mall sales growth has decelerated as competition grows more fierce, government data shows. There was a 3.6 per cent increase in the combined revenue of 26 offline and online retailers to 10.22 trillion won (US$9 billion) in July, according to the Ministry of Trade, Industry and Energy. This gain marks a deceleration […]

Retail Asia03/02/2016

South Korea plans to unveil a new index tracing online retail prices this year by using big data from private sector to reflect actual economic sentiment, according to Statistics Korea on Tuesday. The state-run agency plans to release an online price index that will complement the consumer price index by the end of this year, […]

Tag: 11st

Big success for Korean retailers during shopping festivals

Merchandise from K-pop is popular with Chinese

Korean online mall sales lose traction

Korea to release online price index