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Business
Wine imports hit record high as home drinking catches on
Jan 4, 2021
Wine defies doom and gloom in pandemic, while beer and whiskey imports plunge
Retailers urged to cut ties with Japan beauty firm DHC over racism scandal
Jan 2, 2021
Pressure mounts on businesses to take action against Japanese cosmetics firm after CEO’s racially charged remarks
Yuhan-Kimberly appoints Chin Jae-seung as new CEO
Dec 31, 2020
Yuhan-Kimberly will get a new chief executive on Friday -- Chin Jae-seung, the company’s vice president of marketing and innovation. He will replace Choe Kyoo-bok as CEO. The appointment of Chin was...
Coupang to be led by two directors instead of current four
Dec 30, 2020
Coupang will reorganize its top leadership so that it has two representative directors instead of the current four, the e-commerce platform said Wednesday. Two incumbent directors, Kang Han-seung an...
GS25 rolls out tteokbokki for vegans
Dec 28, 2020
Local convenience store chain GS25 is bringing instant vegan tteokbokki to its stores, the company said Monday. Tteokbokki is a popular Korean street food of rice cakes in chili sauces. The produc...
Why alcohol brand mascots are making a comeback
Dec 24, 2020
Rise of OB bear, Jinro toad explained
Retail sales up in Nov. on nationwide sales event
Dec 23, 2020
Retail sales in South Korea moved up 6.3 percent in November from a year earlier on the back of the nationwide consumption-boosting events aimed at overcoming the economic jitters from the COVID-19 p...
Bibigo frozen dumplings log W1tr sales in 2020
Dec 22, 2020
Sales of Bibigo frozen dumplings have exceeded 1 trillion won this year, the company behind the brand said Tuesday. Bibigo owner CJ CheilJedang said sales of Bibigo dumplings stood at 1.03 trillion ...
Thom Browne to launch perfume line in Korea
Dec 22, 2020
US fashion brand Thom Browne said on Tuesday it will launch its perfume line in Korea. A total of six perfumes will be released, including “09.27.65 Eau de Parfum,” also known as Vetyver Absolute, a...
Retailers cash in on Christmas shopping amid pandemic
Dec 22, 2020
From Christmas cakes, tech gadgets to health supplements, businesses rush to seize on year-end gift season
‘Face masks are least wanted Christmas gift’
Dec 21, 2020
A new survey has revealed that face masks, hand sanitizers and other personal protective equipment against the coronavirus are among the least-wanted gifts during this year’s Christmas. While the pa...
Nonalcoholic beers review: Cass, Hite and Tsingtao
Dec 20, 2020
Major brewers keep plugging beers with little to no alcohol. Are they worth trying?
Coupang holds customer experience story contest
Dec 18, 2020
Online retailer Coupang is holding a contest of consumer experience stories, with prize money of 25 million won ($23,000) in total. Coupang users with stories to share should submit their entry to i...
Ikea Korea workers to strike over ‘discriminatory’ treatment
Dec 17, 2020
Ikea Korea’s labor union plans to launch a three-day strike next week, accusing the Swedish furniture brand of discriminatory treatment toward local staff. About 800 of the workers at the company’s ...
Electronic appliances and at-home spa products enjoy sales surge as pandemic worsens
Dec 17, 2020
Remote work and home entertainment devices have enjoyed a surge in sales in recent weeks as the coronavirus pandemic worsens, major online shopping platforms said on Thursday. According to Tmon, sal...
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Fashion brand Badblood under fire for ‘blackfishing’ on Instagram
‘Korea’s solar push might end up helping China’
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S. Korea retains position as 7th largest exporter in 2020
Confirmed cases remain in mid-300s; around 21,000 vaccinated
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Boys no longer preferred
Can international court resolve ‘comfort women’ issue?
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New virus cases in 300s for 2nd day, cluster infections still worrisome
New cases below 400; virus curbs extended for 2 weeks
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[Newsmaker] Child abuse can now lead to death penalty in South Korea
‘Minari’ wins best foreign film at Golden Globes
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