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Tag: Hyundai department store

Retail Asia21/12/2018
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Food

Hyundai Department Store offers higher price rice

3min0
Hyundai Department Store is hoping to cash in on Korea’s growing preference for premium rice with Hyundai Rice House, its new chain rice stores. Hyundai Rice House, which opened inside four existing Hyundai Department Stores on Wednesday, offers around 20 different types of high-quality rice unfamiliar to the average rice eater, such as Youngho Jinmi […]
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Retail Asia30/11/2018
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Fashion

Korean fashion firm Handsome unveils AI-designed clothes

1min0
South Korean fashion label Handsome says it will release the country’s first clothes designed with artificial intelligence technology. Handsome, an affiliate of Hyundai Department Store Group, said it joined forces with Designovel to create new patterns for clothes released under the SJYP brand. Designovel is a startup specialising in AI fashion technology. The fashion company […]
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Retail Asia02/11/2018
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Living

First duty-free space in Hyundai Department Store

6min0
South Korea’s retail conglomerate Hyundai Department Store Group opens its first duty-free store at its branch in Samseong-dong, southern Seoul, on November 1 as a newcomer into the lucrative duty-free race dominated by two other retail names, Lotte and Shinsegae. The new 14,250-square-meter duty-free store will open inside Hyundai Department Store’s Trade Center branch in Samseong-dong, an affluent […]
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Retail Asia23/08/2018
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General

Hyundai teamed up with Amazon to plan new retail model

3min0
Hyundai and Amazon plan to develop a “next-generation” retail model amid South Korean retailers’ push to adopt the latest technology to their online and offline platforms. Under the strategic collaboration agreement with Amazon Web Service (AWS) Korea signed on Friday, Hyundai Department Store Group said it will also establish a system to analyse customer activity […]
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Retail Asia09/07/2018
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Fashion

Givenchy Beauty debuts in Korea with Hyundai

1min0
Givenchy Beauty will open its first South Korean store this month. The cosmetics and skin-care line of the French luxury fashion house Givenchy has taken space in the Hyundai Department Store in the trendy southern Seoul district of Apgujeong. The first store will open on July 31 and a second, at another Hyundai Department store […]
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Retail Asia02/07/2018
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Living

Hyundai Department Store slashes workdays for sales staff

4min0
Hyundai Department Store is introducing last-minute measures to comply with the new 52-hour workweek, which goes into effect next week. Korea’s third-largest department store chain is reducing the working hours of its sales staff by one hour, the company said on Thursday. “It’s a measure that will catch up with today’s social atmosphere that emphasizes […]
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Retail Asia26/06/2018
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Fashion

One and only Limelight Stella watch

1min0
A staff member at the Piaget boutique in Hyundai Department Store’s World Trade Center location introduces the 1.1 billion won ($985,340) Limelight Stella watch from the brand’s Exceptional Pieces collection. The watch’s dial and bracelet are encrusted with 577 diamonds with a total of 42.17 carats. Only one of this particular model was brought to […]
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Retail Asia22/06/2018
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Fashion

Hyundai presents Kelly Park and Démoo together

1min0
Hyundai Department Store in Seoul has opened a shop-in-shop that brings together Kelly Park and Démoo in the first use of its new Artspace installation dedicated to brand and artist collaborations. Artspace, by multi-disciplinary design studio NBDC, is inspired by the temporary lifespans of pop-up shop formats and has been conceived to enhance the department […]
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Retail Asia18/05/2018
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Fashion

Hyundai Department Store offers high-tech make-up

2min0
Hyundai Department Store’s online mall has launched an augmented reality (AR) service so its customers can virtually try on make-up products. It covers more than 20 products from eight beauty brands, including Benefit, Estee Lauder and Shu Uemura. Using an AR image of their face, customers can try on different colour variations. Hyundai says it […]
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Retail Asia03/01/2018
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General

FTC chief urges conglomerates to improve ownership structure

3min
The head of South Korea’s antitrust watchdog said on Dec. 31 that the country’s large businesses groups should work hard to improve their complicated ownership structures and refrain from wielding their market dominance. “Large conglomerates should make efforts to curb their economic power and to improve their ownership structures,” Fair Trade Commission Chairman Kim Sang-jo […]
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Retail Asia17/02/2017
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Living

Williams-Sonoma South Korean partner appointed

2min0
Williams-Sonoma South Korea will launch in Spring after the US homewares brand appointed a local partner. Hyundai Livart Furniture, a leading Korean furniture manufacturer and distributor and an affiliate of Hyundai Department Store Group, will have exclusive rights to operate stores, shop-in-shops, and eCommerce sites for Williams Sonoma and sister brands Pottery Barn, Pottery Barn […]
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Retail Asia14/12/2016
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Fashion

Hyundai buying SK Networks’ fashion sector

2min0
South Korea’s Hyundai Department Store is buying trading company SK Networks’ fashion business for KRW326.1 billion (US$284 million). When the purchase is complete, probably by February, SK Networks (SKN) will no longer have interests in the fashion industry. The two companies have signed a deal to merge SKN’s 12 fashion brands into Hyundai’s Handsome fashion […]
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Retail Asia01/11/2016
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General

Offline stores turning crisis into opportunity

12min
  Will offline stores disappear? When consumers began online shopping in 1994, most of them could hardly imagine that offline stores might disappear. Online shopping was a mere subsidiary to offline stores, selling only a few items then. However, the volume of e-commerce has grown explosively over the past 20 years, blurring boundaries between online […]
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Retail Asia03/10/2016
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General

South Korea August dept store sales rise for 3rd month

2min
South Korea’s department store sales rose for a third straight month in August thanks to widespread discounting ahead of a major public holiday this month, government data showed on Thursday. Combined sales at department stores run by Hyundai Department Store, Lotte Shopping and Shinsegae Co rose 4.1 percent on-year, data from the Ministry of Trade, […]
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Retail Asia25/08/2016
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Food

Korean department stores trigger restaurant battle

4min0
Korean department stores have become the new battleground for Korean restaurant chains. Restaurants have long been a lucrative business for department store operators – accommodating hundreds of weary shoppers every day, they have sometimes been referred to as a ‘goose that lays a golden egg’. However, until now, opening such a restaurant had been a […]
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Retail Asia14/03/2016
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Living

Retailer simplifies name to The Hyundai

2min0
For the first time since opening 31 years ago, Korean retail giant Hyundai Department Store is renewing its brand identity and simplifying its name to “The Hyundai”. Starting with its Apgujeong flagship store this month, the group is changing the exterior of its establishments featuring its new logo and corporate colours. Hyundai has 15 department […]
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Retail Asia16/02/2016
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General

South Korea January dept, discount store sales seen rebounding from December

2min
Annual sales at South Korea’s top department and discount stores in January were seen rebounding from the previous month, finance ministry estimates showed on Friday, backing recent policymaker comments that consumption is steadily recovering. Combined sales at department stores run by Hyundai Department Store, Lotte Shopping and Shinsegae rose 9.6 percent in January from a year ago, the finance […]
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