luxury goods

Hyundai Motor Group Chairman Chung Euisun was named the automobile industry's Visionary of the Year by Newsweek, which credited him for driving tran...

South Korea’s retail giant Lotte Group will cease dawn delivery services for fresh food from this weekend, two years after it jumped into the ...

Investment firms in South Korea are injecting funds into domestic hotels, preparing for the post-pandemic era. The firms are particularly focusing...

South Korea is becoming a test bed for global high-end brands such as Balenciaga, Valentino, IWC and Breitling. The world's top luxury brands, pre...

South Korea's Lotte Group will build a luxury residential town for retirees in Seoul by 2025 to plunge into the senior housing market.Lotte Hotels a...

South Korea is the world’s second-most attractive wine market, outranked by only the United States, according to London-based consumer researc...

Hyundai Glovis Co., the world’s second-largest car shipping company, aims to top the industry with an expansion of its fleet, specializing in ...

South Korea’s current account surplus last year missed the central bank’s forecast as higher raw materials prices boosted imports of Asi...

Hyundai Motor Co. and Kia Corp., the two automaking units of Hyundai Motor Group, saw their combined auto sales in the US rise to their highest leve...

South Korea's Osstem Implant Co., battered by the country's largest-ever embezzlement scandal for a listed company, is now being courted by investme...

After an exterior peek of its new Genesis sedan G90 last month, Hyundai Motor Co. on Tuesday fully unveiled the flagship luxury model, its first mod...

Inspire Integrated Resort Co., a South Korean resort developer and 100% affiliate of US casino and gaming company Mohegan Gaming & Entertainme...

The growing popularity of fractional investment in celebrated artworks, music copyrights and luxury items has spurred a flurry of venture capital in...

Unlike Hawaii and Las Vegas, there is one thing missing on Jeju Island, South Korea's top tourist destination: premium outlets.The island hosted 15 ...

When South Korean menswear brand Wooyoungmi had the highest sales in the men’s fashion hall of Paris-based luxury department store Le Bon Marc...

One of the biggest concerns in purchasing a secondhand luxury item is being uncertain if the item is real or fake. And South Korea-based luxury resa...

If you own Hyundai Motor Co.'s latest premium electric crossover, the GV60, set for roll-out next month, you can just touch the handle and show your...

The Association of Southeast Asian Nations (ASEAN) is South Korea’s largest source of trade surplus. The Northeast Asian country generated $34...

The COVID-19 pandemic has been particularly hard on the hotel industry, exposing it as one of the most vulnerable to the crisis amid the global lock...

Despite the global pandemic, exports of processed rice goods hit an all-time high at $137.6 million in 2020, up by 26.9% compared to the previous ...

The millennials have become the largest spenders on luxury goods at department stores in South Korea. According to joint research by The Korea Econo...

UIWANG, Gyeonggi Province – Simone Acc. Collection Ltd., a South Korean luxury handbag maker, stresses one interesting number to its clients w...

Rolex watches are now the latest object of South Korea’s unwavering love for luxury goods. The high demand and limited supply of Rolex watches...

Hyundai Motor Co. on Thursday unveiled the design of the GV60, the luxury Genesis brand’s first electric vehicle that sits on the E-GMP, the...

Mercedes-Benz, BMW and Porsche have driven the double-digit growth of imported car sales in South Korea in the first seven months of this year, with...

Major department stores in South Korea such as Shinsegae Department Store and Hyundai Department Store Co. have seen their earnings improve signific...

South Korea's retail giant Shinsegae Group will invest 1 trillion won ($866 million) in local department stores this year to reinforce the busines...

South Korea’s pension funds are increasing co-investment as the COVID-19 is prolonged. They are attempting to solve difficulties in overseas d...

Samsung Electronics Co.’s marketing efforts at the Tokyo Olympic Games have received a wide welcome from the athletes participating at the eve...

Japanese video game giant Nintendo Co. posted an all-time high revenue in South Korea last year despite consumers boycotting Japanese products. The ...