luxury fashion powerhouses

Seoul, which took center stage on the global art scene after successfuly hosting international art fair Frieze’s second edition earlier this m...

CJ ENM Co., South Korea’s entertainment and e-commerce giant, has launched the domestic fashion brand Barneys New York, a luxury department st...

Global fashion and luxury goods brands are opening directly managed stores in South Korea, one of their growth markets, ending their decades-long re...

Shimamura Co., Japan’s second-largest apparel company that runs around 2,200 stores nationwide, has dispatched a team of four buyers to Seoul ...

Some South Korean institutional investors may see significant losses on their investment in a hotel in the heart of New York as the developer has de...

Italian luxury brand Gucci gave up the throne to French fashion powerhouse Chanel in the South Korean used designer goods market as more customers a...

South Korea’s BC Card on Sunday said it has applied for two domestic patents for payment receipt-based non-fungible token (NFT) technology to ...

LG Display Co., the world’s leading manufacturer of large-size organic light-emitting diode (OLED) panels, said on Wednesday it aims to more t...

The US street fashion brand “Supreme,” which has a global fandom with a brand name written in white in a red box, opened its first store...

Genesis, the luxury car brand of Hyundai Motor Co., is on the verge of breaking the million mark in cumulative global sales this month in seven year...

Some global fashion brands such as Ralph Lauren Corp. and Tommy Hilfiger have blocked South Koreans’ access to their US websites to support bu...

SSG.COM, the e-commerce platform of South Korean retail heavyweight Shinsegae Inc., revealed on Tuesday its exclusive introduction of Swiss luxury b...

South Korea's cosmetic and clothing company APR announced on Wednesday that its street style fashion brand Nerdy opened its third and fourth stores ...

K-pop powerhouse SM Entertainment Co. and Kakao Entertainment will jointly launch an office in the US later this year to boost their global business...

South Korea is seeing a gradual decline in the open run, or the practice of customers standing in line before a brand's opening at a department stor...

Deps, a men’s fashion platform launched by South Korean fashion brand incubator Hago L&F, is accelerating its market offensive through the...

South Korean fashion company Handsome Corp. is accelerating expansion of its portfolio for licensing foreign brands.The company on Monday said it co...

South Korea's online fashion platform Musinsa opened a showroom in Tokyo on Thursday targeting fashion buyers, as it aims to introduce domestic desi...

South Korea’s leading fashion platform Musinsa said on Wednesday it has attracted 240 billion won ($189.7 million) in its Series C funding rou...

South Koreans are maintaining their love for premium fashion items with purchases of used luxury items and "quiet luxury" goods amid a slowdown in A...

The economic slowdown may have diminished South Koreans’ appetite for foreign designer goods, but that doesn't mean they've closed their walle...

The casino complex Paradise City in Incheon on Saturday will reopen Hotel Art Paradiso at its integrated resort on Yeongjong Island. Closed in July ...

NHN Commerce, South Korea's major online company NHN Corp.'s shopping platform, announced on Tuesday its acquisition of a 77.8% stake in Ikonic Srl,...

South Korea‘s LG Uplus Corp. has launched a fashion metaverse business, starting this month the clothing store Meta Slap, a digital service fo...

Dior will open a pop-up store in Seoul's Seongsu-dong to commemorate the launch of the "Dior Tears capsule collection."This collection was created t...

The beauty markets of South Korea, China and Japan are split into cost-effective products of under $10 and "small luxury" items like premium perfume...

Handsome Corp., a fashion house of South Korea’s major retailer Hyundai Department Store Group, will launch The Time, an upmarket collection...

South Korea will pour more than 3 trillion won ($2.3 billion) into quantum science and technology by 2035, aiming to become the world’s fourth...

The Electrified GV70, an electric SUV from Hyundai Motor Group's luxury brand Genesis, has won the top spot in a comparison test run by Germany's ...

Samsung Electronics Co. and LG Electronics Inc., two leading players in the global hospitality TV market, are extending their rivalry in the premium...