outlet
Scope
Date
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Fashion
LF to open Korea’s 1st standalone fashion outlet in India
LF Corp., a leading South Korean clothing company, will foray into India with its flagship brand Hazzys to build its presence in the rapidly growing...
Mar 28, 2025 (Gmt+09:00)
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Beauty & Cosmetics
Korea’s beauty retailer CJ Olive Young to open first US offline outlet
CJ Olive Young Corp., South Korea’s top beauty store chain, said on Tuesday it has set up a US business entity in Los Angeles to enhance its p...
Feb 04, 2025 (Gmt+09:00)
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Retail
E-Land sets sights on Vietnam as its next China, to open 10 outlets by 2025
South Korea’s retail giant E-Land Group has set its sights on Vietnam as its next target market after China, planning to open 10 outlets there...
Dec 02, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Korean cosmetics fly off shelves on Amazon, other e-commerce platforms
South Korean cosmetics are top picks among beauty products on Amazon.com and other global e-commerce platforms amid the growing popularity of K-beau...
Sep 26, 2024 (Gmt+09:00)
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Retail
Duty-free underdog Kyung Bok Kung outshines Lotte, Shilla
Kyung Bok Kung Duty-Free Co., a lesser-known travel retailer, has bucked the trend of South Korea's sluggish duty-free retail industry on a downward...
Sep 18, 2024 (Gmt+09:00)
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Retail
Lotte to open shops within Singapore NTUC FairPrice outlets
Lotte Mart and Lotte Super will launch stores within the outlets of NTUC FairPrice, Singapore’s largest supermarket chain, to sell food produc...
Aug 28, 2024 (Gmt+09:00)
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Food & Beverage
Ashley Queens’ success story: Premium dining, but at affordable prices
Korean food, or K-food, is popular around the world. And it’s almost become a rite of passage for foreigners who come to South Korea to try tr...
Aug 28, 2024 (Gmt+09:00)
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Retail
BGF Retail’s CU looks beyond Kazakhstan deep into Central Asia
Kazakhstan, a Central Asian country 27 times the area of South Korea, did not have any modernized convenience stores until early this year.The count...
Aug 20, 2024 (Gmt+09:00)
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Retail
E-Mart’s No Brand success story: A Korean snack chain goes global
When South Korean convenience store operator E-Mart Inc. launched its low-budget house label No Brand in 2015, few thought it would last long.Under ...
Jul 26, 2024 (Gmt+09:00)
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Retail
Hyundai Premium Outlet runs AI Human for foreign customer
South Korea's Hyundai Premium Outlet announced on Tuesday that it will trial the artificial intelligence (AI) service AI Human at its Songdo store u...
Jul 23, 2024 (Gmt+09:00)
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Batteries
Ferrari, SK On team up to innovate battery technology
Ferrari S.p.A. joined hands with SK On Co., the world’s fifth-largest electric vehicle battery producer, to innovate cell technology as the It...
Mar 27, 2024 (Gmt+09:00)
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Electronics
Samsung’s Odyssey Neo G9 redefines gaming monitors
Samsung Electronics Co. is redefining the scope of gaming monitors with its latest model, the Odyssey Neo G9, which the South Korean tech giant says...
Mar 05, 2024 (Gmt+09:00)
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Korean food
India's love for Korean pizza spurs Gopizza’s global business
South Korea’s Gopizza Inc. opened its 50th branch in India, the world’s most populous country, as the food tech startup aims to attract ...
Feb 15, 2024 (Gmt+09:00)
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Food & Beverage
Starbucks reigns in coffee republic of South Korea; Drink, play and work
In South Korea, coffee is not just something to drink. It’s a culture, in which people drink, play and work.Koreans’ love affair with co...
Feb 12, 2024 (Gmt+09:00)
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Retail
Lotte Duty Free focuses energy on stores in Seoul
South Korea’s Lotte Duty Free, which removed its stores from Incheon International Airport in late June, is channeling its energy toward boost...
Oct 20, 2023 (Gmt+09:00)
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Food & Beverage
KFC Korea to start franchise business for faster growth
Fast food chain KFC said on Friday it will begin franchise store operations in South Korea next year, when the company will mark 40 years of busines...
Oct 13, 2023 (Gmt+09:00)
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Travel & Leisure
S.Korea's pet-friendly tourism sees brisk growth
More lodging facilities and tourism infrastructure in South Korea are accommodating people who wish to travel with their pets.This strategy by the...
Aug 24, 2023 (Gmt+09:00)
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The KED View
Falling on deaf ears: Costco Korea cart pusher's death
Costco Wholesale’s co-founder Jim Sinegal had said South Korea was a “fantastic market,” where it ran its largest store in terms o...
Aug 13, 2023 (Gmt+09:00)
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Retail
Goyard bags high on SE Asians’ shopping list in S.Korea
Goyard outlets in Seoul bustled with shoppers on Friday, especially from Southeast Asia, looking for the French luxury brand’s popular bags: G...
Jul 28, 2023 (Gmt+09:00)
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Retail
Hotel Shilla to challenge Lotte’s duty-free shop dominance in Korea
South Korean leading luxury hotel and retail operator Hotel Shilla is challenging its crosstown rival Lotte, the dominant player in the country&rsqu...
Apr 28, 2023 (Gmt+09:00)
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Food & Beverage
Maeil cracks China’s alternative milk market with Starbucks deal
South Korea’s Maeil Dairies Co. has jumped into China’s alternative milk market, worth $17 billion in 2022, by supplying Almond Breeze B...
Apr 04, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's Paris Baguette opens first outlet in Malaysia
To SPC Group, which hopes to tide over difficulties in the domestic market facing sagging growth potential and troubles caused by a series of safety...
Jan 19, 2023 (Gmt+09:00)
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Korean startups
KED's startup news platform Geeks launches revamped website
Geeks, The Korea Economic Daily’s startup news platform launched in May, launched an upgraded website in Korean on Monday. The new conten...
Dec 19, 2022 (Gmt+09:00)
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Retail
Jeju as Korea's new shopping mecca: Shinsegae's task ahead
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 ...
Nov 04, 2021 (Gmt+09:00)
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KTCU invests $71 mn in TH Real Estate-led purchase of China outlet malls
The Korean Teachers’ Credit Union (KTCU) has invested 77 billion won ($71 million) in a fund of TH Real Estate which acquired two premier outlet malls...
Mar 25, 2018 (Gmt+09:00)
Latest News
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