Apparel, Luggage, Personal Care

Investing to stay young and beautiful

The definition of “elderly” is becoming less clear by the day, as society turns older and those traditionally grouped as seniors become younger in terms of health, appearance and economic activity. It has led to the coining of the new term “No-no generation” in South Korea, a combination of the English word “no” and the Chinese character “no” meaning old. Combined together, the phrase refers to the elderly of today who are saying “No” to growing old. This new silver generation [...]

B2LiNK eyes global K-beauty market beyond China

The Group of Two’s recent protectionists policies followed by Donald Trump’s victory in the U.S. presidential election and China’s economic retaliation against Korea over the deployment of a Terminal High Altitude Area Defense system seem to be serious risks for Korean exporters. B2LiNK CEO Lee So-hyung, however, confidently said no government can interfere with macro-trends in the market. The 33-year-old is one of the co-founders of the IT-based business-to-business startup which distributes Korean beauty brands to global retail channels in [...]

Purchase limits at tax-free shops dampen cosmetics sales outlook

The recent decision by the South Korean customs agency to impose a purchase limit at the country’s tax-free outlets is dampening the sales outlook for local cosmetics firms which generate a major part of their sales via duty-free channels. On July 11, the Korea Customs Service notified all Korean duty-free operators — including Lotte, Shilla and Shinsegae — to limit the number of purchases made by each customer to 50 cosmetics and perfume products, and 10 bags and watches at each [...]

Know How to Buy Korean Jewelry at amazing Prices

Wearing the finest dress isn’t sufficient to look gorgeous if it not teamed up with perfect jewelry accessories, like unpolished diamond are worth much less then polished one, and jewelry is what no one can’t ignore. While going to the upcoming event/parties, it is recommended to try out South Korean jewelry. They are generally designed with lot of stones that make you look more beautiful and attractive. From fair dress to gorgeous dresses, the Korean earrings to watches fits [...]

[Start-up Seoul] Start-ups form alliance for joint online-to-off-line services

A group of South Korea’s leading start-ups announced Wednesday that they would join forces to invigorate the online-to-off-line sector, in which many, if not all, are bleeding cash due largely to high marketing costs. Representatives of five start-ups — SOCAR, Yogiyo, Yanolja, Mesh Korea, and Spoqa — said they would form the O2O Alliance, seeking collaboration among the rising firms in the Korean start-up scene. “Many start-ups seek M&A opportunities involving big companies with deep pockets. That could be a good [...]

Department stores report growth in spring sales

Korean department stores posted a surge in sales during the spring discount season, helped by revived sentiment from last year’s slump and spending by Chinese travelers, industry data showed Monday. Major department stores held a series of discount events from late March to mid-April, attracting both domestic customers and Chinese nationals visiting the nation. Lotte Department Store, the No. 1 department chain by Lotte Group, said its sales from March 31 to April 16 rose 4.5 percent from a year ago, [...]

Time-pressed, strategic spenders turn to at-home beauty care

Despite her busy schedule, Kim Na-eun, a 30-year-old office worker in Seoul, visits a skin care clinic every now and then, whenever she feels the need to rejuvenate, or give some “proper attention” to her skin. These days, though, her visits have stopped — not because she has stopped investing in skin care, but because she now relies on a set of at-home beauty care devices instead. Ranging from a rechargeable sonic skin cleansing brush to a microcurrent-generating facial massage roller, [...]

Spanish shoemakers gear up for local market

Spanish shoemakers’ interest in the Korean market is gaining momentum. After last year’s second-quarter Spain Fashion Exhibition hosted by ICEX, Spain’s trade and investment promotion agency, the shoemaking industry also dominated this year’s fair. At last Thursday’s 6th Spain Fashion Exhibition held at the DDP, Seoul, 11 of 17 participating companies were shoe manufacturers while four were accessory and apparel brands and two were baby product brands. At last year’s exhibition, 13 of 18 participating companies were shoe manufacturers, the largest [...]

AmorePacific offers immediate tax refunds to foreigners

South Korean beauty giant AmorePacific began offering immediate tax refunds to foreign nationals at select Aritaum, Innisfree and Etude stores in Seoul starting Thursday. The service was launched in an aim to better serve Chinese consumers scheduled to visit Seoul during the Lunar New Year holidays, said AmorePacific. The service is available at five Aritaum and six Innisfree stores in Myeong-dong and Gangnam; the Laneige flagship store in Myeong-dong; and six Etude stores in Sinchon, Jamsil, Dongdaemun and Incheon International Airport. Foreign [...]

Dior creates millionaire skateboarders‘ perfect wardrobe

PARIS (AFP) – When Kris Van Assche was designing the new Dior menswear collection, he had a very specific person in mind, he told AFP Saturday as it debuted on the Paris catwalk. “It‘s a young Parisian who creates a skate park in the 800-square-meter apartment he lives in a (historic) Haussmannian building,” the Belgian designer said. Mere mortals may wonder if such a person really exists — most families in the city would be happy to live in a home [...]