The Korea Herald

[Herald Interview] Pernod Ricard brings RTD craze to Korea

Nov 26, 2020

PRK managing director on introducing canned espresso martini in Korea via coffeehouse chain
Daesang eyes Middle East with Korean food products

Nov 26, 2020

South Korean general foods company Daesang said Thursday that it is branching out into the Middle Eastern market, which serves a population of about 4 billion, with popular food products such as hala...
Amorepacific study shows harmful impact of mask wearing on skin

Nov 25, 2020

South Korean cosmetics giant Amorepacific published findings from a recent study on Wednesday showing that mask wearing can cause dry skin and redness. The researchers discovered that wearing a mask...
Home interior design app Ohouse secures $70 million in investment

Nov 23, 2020

Home interior design platform Ohouse has raised 77 billion won ($70 million) in a new round of Series C funding from investors including technology investment firm Bond, the app’s operator, Bucketpla...
Retail sales up in Oct. on pandemic, promotional events

Nov 23, 2020

Retail sales in South Korea increased 8.4 percent in October from a year earlier on the back of the pandemic and consumption-boosting events, data showed Monday. The combined sales of 26 major offli...
Card spending up 6.3% on-year during nationwide shopping festival in Nov.

Nov 20, 2020

Card spending made during a massive nationwide annual shopping festival earlier this month rose 6.3 percent from a year earlier, the trade ministry said Friday, amid the new coronavirus outbreak. Ca...
Starbucks Coffee Korea to test-run coffee delivery service

Nov 19, 2020

Starbucks Coffee Korea said Thursday it would start a test-run for coffee deliveries next week, and open a new delivery-only outlet. According to the coffee chain, it will open Yeoksam E-mart branch...
Amorepacific invests W3b in beauty content producer firm

Nov 17, 2020

South Korean cosmetics giant Amorepacific said Tuesday it would invest 3 billion won ($2.7 million) in Dmil, a multi-channel network company. According to Amorepacific, Dmil is a media contents firm...
Coupang now among 3 biggest employers in Korea

Nov 17, 2020

E-commerce giant Coupang was the third-largest business in South Korea in terms of staff as of the third quarter of this year, following Samsung Electronics and Hyundai Motor, a market research firm ...
Amazon taps into Korea by investing in 11st

Nov 16, 2020

11st said it has been offering stable service for more than 12 years in South Korea and is offering differentiated products from its cooperation with SKT. “We are glad to see the fruit of our work f...
[Monitor] Alibaba posts record-breaking Singles Day sales of $56.26 billion

Nov 13, 2020

Alibaba’s Singles Day sales over the past 12 years
Amorepacific appoints new president

Nov 12, 2020

South Korean cosmetics giant Amorepacific announced the appointment of Kim Seung-Hwan as its new president on Thursday, in a major post-COVID-19 shakeup following lackluster sales this year. Kim, 51...
Cafe24 to hold joint webinar on K-fashion in Japan with Shoplist

Nov 12, 2020

E-commerce platform Cafe24 will host a joint webinar with Japanese online fashion store Shoplist on how South Korean fashion businesses can branch out into Japan’s online fashion market. The event, ...
Estee Lauder’s apology for ‘Asian skin tone’ stokes backlash

Nov 11, 2020

One Estee Lauder Korea official said the company is taking steps to directly issue an apology to customers who had received the controversial note. The official declined to comment as to whether any ...
Coupang opens counseling center for female delivery staff

Nov 9, 2020

E-commerce giant Coupang has recently opened a counseling center for its female delivery staff members as part of efforts to create a healthy work environment, the company said. The center will cond...