The Korea Herald

Sephora opens 3rd shop in Sinchon

Jan 12, 2020

Sephora opened its third shop Friday in Sinchon, a trendy university district, in collaboration with Hyundai Department Store. The 232-square-meter store is located on the first floor of Hyundai Dep...
Lotte says Honey Butter Almonds sees high sales among foreigners

Jan 12, 2020

Lotte Mart said Sunday it will open two Honey Butter Almonds stores, following the snack’s popularity among foreign customers. According to the company, Honey Butter Almonds was recorded as the most...
[Feature] Soju goes ‘newtro’

Jan 12, 2020

New Jinro hits 100 million bottles in sales less than a year after launch
Shake Shack rolls out Roasted Garlic Mushroom Burger

Jan 12, 2020

Shake Shack will roll out the limited-edition Roasted Garlic Mushroom Burger in South Korea on Monday. According to the chain’s Korean operator SPC Group, the burger is the first new menu item of th...
Coupang prepares for IPO as early as 2021: report

Jan 9, 2020

Korean e-commerce giant Coupang is preparing for an initial public offering as early as 2021, according to industry sources on Thursday. Citing anonymous officials, Bloomberg reported that Coupang h...
Shinsegae Department Store’s Gangnam branch records over W2tr in annual sales

Jan 8, 2020

Shinsegae Department Store said Tuesday its Gangnam branch recorded annual sales of 2 trillion won ($1.71 billion) in 2019, becoming the first single store to do so in the retail industry in South Ko...
Samyang Group chairman vows bold investments, M&As in 2020

Jan 3, 2020

Samyang Group Chairman Kim Yoon said in his New Year’s address that the company would overcome challenges and prepare for the future this year. During a New Year’s meeting on Thursday, he also vowed...
McDonald’s McCafe launches decaf coffee drinks

Jan 2, 2020

McDonald’s said Thursday that its coffee brand McCafe has newly launched decaffeinated coffee drinks with the aim of attracting local customers who are sensitive to caffeine and heavy coffee drinkers...
Retailers launch mouse-inspired goods to celebrate ‘Year of White Mouse’

Jan 1, 2020

With 2020 marking the “Year of the White Mouse,” retailers rolled out mouse-inspired products, luring consumers with limited edition goods and special marketing in celebration of the new year. Based...
Coupang to construct its largest fulfillment center in Daegu

Dec 30, 2019

Coupang said Monday it would build a high-tech mega fulfillment center in the Daegu National Industrial Complex, in Daegu. Holding the groundbreaking ceremony, the e-commerce platform said it will i...
[Best Brand] Powerful-X wins marketing award for contributions in sports industry

Dec 30, 2019

Sports beauty company Powerful-X has been recognized for its contributions to the development of the sports industry, winning this year’s Sports Marketing Award given by the Ministry of Culture, Spor...
Keyword for shopping in 2020: ‘Hyolo’

Dec 30, 2019

EBay Korea, which operates South Korea’s leading online retailers Gmarket, Auction and G9, chose “Hyolo” as its keyword for shopping trends in 2020, reflecting the increasing number of shoppers livin...