Myeondong is a must-stop for many tourists visiting Seoul, South Korea. The area, known for its shopping offerings and dining experiences, ticks all the right boxes in terms of experience. It has ...

Chung Yong-jin, chairman of Korean retail conglomerate Shinsegae Group, has acquired an additional stake in the group's ...

The country’s largest fashion product makers saw a slump in sales last year compared to the previous year, as shifts in ...

Shinsegae Duty Free has reported a major Q424 boost in net sales, which rose 14.7% year-on-year to KRW555bn ($382m), but saw ...

Hotel Shilla announced on the 13th that the Seoul Shilla Hotel has been selected as a five-star hotel for seven consecutive ...

The travel retailer has partnered with K-health brand, JungKwanJang, to open the store at Incheon Airport Terminal 2 ...

Net sales were KRW555.2bn (US$382.1m) for the quarter, while operating profit for the same period stood at KRW-35.5bn, (US$24 ...

Named JungKwanJang Everytime Studio, the store highlights the brand’s best-selling Everytime range alongside engaging interactive elements.

These are tough times in the world’s biggest duty-free market with Shinsegae Duty Free’s fortunes mirroring those of its peers as heavy concession fee costs weigh on Q4 and full-year results.

The company said its operating Q4 loss narrowed to 77.1 billion won from 85.5 billion won a year ago. Sales fell 1.4 percent ...

The pressure is on for airports and retailers to inject more excitement into their store offers, given the current mismatch ...

Naver has led the South Korean internet search market, through which it generates decent revenue growth, high margins, and strong cash flow. While Google has been taking overall search market share, ...