NAVER D2SF, NAVER's corporate venturing arm, has invested in STUDIO LAB, a startup that has developed a multimodal AI-based ...

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 ...

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 ...

FPT opened its new office in Pangyo on February 3, making it the company's fourth office in South Korea, and marking a ...

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 ...

Chinese e-commerce platforms AliExpress and Temu have been rapidly gaining traction in South Korea, reportedly generating ...