The Korea Herald

S. Korean retailer confidence worsens for Q1

Jan 13, 2021

A majority of South Korean retailers expect their business conditions to worsen slightly in the first quarter of 2021 than three months earlier amid the coronavirus pandemic, a poll showed Wednesday....
Nongshim expands vegan brand Veggie Garden

Jan 12, 2021

Responding to heightened public interest in environmental protection, Nongshim will aggressively promote its vegan food brand Veggie Garden this year, the South Korean food company said Tuesday. Veg...
Korean food 2nd-most-popular delivery option on Vroong app

Jan 11, 2021

Korean food overtook fried chicken as the second-most-popular delivery food last year, according to on-demand delivery platform Vroong on Monday. While burgers remained the most popular food ordered...
Coway nominates current CFO as co-CEO

Jan 10, 2021

Coway has nominated Seo Jang-won, the current chief financial officer and an expert in strategic planning, as the new co-chief executive officer to strengthen its overseas businesses, the company sai...
Homeplus CEO resigns after 3 years

Jan 7, 2021

First female CEO in hypermarket industry stepping down for personal reasons
Starbucks Korea rolls out limited Playmobil figurines

Jan 7, 2021

Even as Seoul was hit with the coldest weather of the winter so far, a small number of Starbucks patrons and toy collectors alike were seen lining up outside the coffee chain outlets in the early mor...
South Korean consumers spend record amount of money on alcohol, tobacco

Jan 5, 2021

South Koreans’ spending on drinks and cigarettes reached a record high during the third quarter of last year, the Bank of Korea said Tuesday. Households spent 4.3 trillion won ($3.96 billion) on liq...
Victorinox Rescue Tool to deal with black ice encounters

Jan 5, 2021

With icy cold weather hitting regions across the country, concerns are rising about increased car accidents on black ice. To be prepared for emergencies, Victorinox presented its Rescue Tool, a conti...
Online shopping hits record high in Nov. amid pandemic

Jan 5, 2021

Online shopping in South Korea hit a record high in November as more people bought products via e-commerce platforms amid the new coronavirus pandemic, data showed Tuesday. The value of online trans...
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