Hallyu

Retail Asia22/01/2018

Convenience store GS25 Vietnam officially opened the doors of its first store in Ho Chi Minh City today. Spread over 87sqm, the store is located on the ground floor of Empress Tower on Hai Ba Trung Street in District 3, close to the city’s CBD. Three more stores will open this month, including on sites at Truong […]

Retail Asia24/02/2017

Make-up products accounted for more than half of the annual sales at duty-free shops in South Korea last year, fueled by brisk demand from foreign tourists immersed in Korean entertainment culture. Fresh data from the Korea Customs Service and companies reveals the combined cosmetics revenue from duty-free chains, including top players Lotte Duty Free and […]

Retail Asia29/10/2016

Contemporary South Korean fashion brand H:Connect, fronted by Korean celebrity Yoona of Girls’ Generation, has officially opened its first Southeast Asian store at Bugis Junction in Singapore. The brand plans to make the most of the rising appeal of hallyu, or the Korean Wave, across Southeast Asia, which is driving Korean exports of fashion, entertainment […]

Retail Asia30/08/2016

Outbound shipments of Korean food, beauty, fashion and personal care products soared in the first half of the year on the back of the growing popularity of the Korean Wave, or hallyu. Official data released today by the Korea International Trade Association (KITA), shows exports of such goods amounted to US$6.79 billion in the January-June […]

Retail Asia18/08/2016

Leading Korean accessories chain Naughty Cat has opened its first Vietnam store on Nguyen Hue St in the city centre. Naughty Cat Vietnam is located at 47 Nguyen Hue street, D1. The store hopes to cash in on the crowded ‘walking street’ as well as the growing influence of the Hallyu wave in Vietnam. To […]

Retail Asia14/03/2016

The largest South Korean retailers, faced with cut-throat competition in the rapidly saturating domestic market, are turning their attention to overseas markets in conjunction with small and mid-sized businesses to secure a new growth driver. The country’s three major retail conglomerates – Shinsegae Group, Lotte Group and CJ Group – are targeting to sell more […]

Retail Asia12/02/2016

Lotte Group has launched a smartphone app for Chinese tourists visiting Korea. The application is called ‘TianTianLeTian’, and provides visitors with information on shopping, tourism, and other services offered by Lotte companies. Department stores and large discount stores have already launched mobile solutions for Chinese tourists, but Lotte Group’s new software marks the first time […]

Retail Asia02/02/2016

Korean women’s clothing mall Hotping entered the global market just six months ago – and already cross-border sales account for 10 per cent of its turnover. Monthly sales to customers outside Korea have now surpassed the 100 million won (US$84,000) mark. “We believed that winning new markets quickly would secure future competitiveness after we started […]

Tag: Hallyu

First GS25 convenience store opens in HCMC

Cosmetics dominate Korean duty-free sector in 2016

H:Connect brings Korean style to Singapore

Korean wave exports boom

Naughty Cat Vietnam makes Saigon debut

South Korean retailers eye overseas push

Lotte launches smartphone app for Chinese tourists

Korea’s Hotping fashion mall goes global