Articles by Kim Da-sol
Kim Da-sol
ddd@heraldcorp.com-
Young shoppers’ big, luxurious spending emerges as new trend: data
Shoppers in South Korea in their 20s have become more prone to spending big on luxury items and services, emerging as a new consumption trend, according to industry data.Mobile commerce company Tmon says the sales pattern over the past three months showed that purchases among young shoppers of luxurious products and high-end services in fashion, food and travel categories have significantly surged. Young consumers enjoy a strawberry dessert buffet at a hotel in Seoul. TmonFrom Oct. 21 last year
Industry Jan. 24, 2018
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Duty-free sales to foreign travelers hit new high
Foreign travelers’ total purchases at South Korean duty-free stores hit a new record high last month, industry data showed Tuesday. YonhapAccording to the data tallied by the Korea Duty Free Shops Association, foreign visitors spent a total of $939 million at local duty-free stores in December, up 28 percent on-year. The figure is up 0.1 percent from the previous high of $983 million, set in November.However, the number of foreigners who visited the shops fell on-year by 11.3 percent to 1.42 mi
Industry Jan. 23, 2018
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[Video] Buldak Spicy Ramen craze continues
Shot by Lim Jeong-yeo and Kim Da-sol / Edited by Lim Jeong-yeoWhen Samyang Foods released Buldak Spicy Chicken Ramen in 2012, the company did not expect it would receive such explosive popularity from customers abroad -- especially in the YouTube community.“In the beginning, we developed the product targeting local spicy food lovers in the niche market,” Park Jung-seok, Samyang Foods’ marketing manager, told The Korea Herald. Buldak refers to grilled chicken marinated in super-spicy red chili pa
Industry Jan. 23, 2018
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Most young customers order beer by brand: survey
Young South Koreans tend to stick to a beer brand when dining out, a survey showed Monday.According to a survey of 1,000 people in their 20s by research company IDINCU, nearly 80 percent of the respondents said they regularly order a specific beer when eating out. While 20.5 percent said they drank whatever beer that the wait staff brought for them, 79.5 percent said they ordered a specific brand. (OB)The results showed that 54.5 percent chose Cass from Oriental Brewery, a South Korean brewery o
Industry Jan. 22, 2018
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Cafe24 signs MOU with Japan’s Softbank Payment Service
CE-commerce platform Cafe24 said Friday that it has partnered with major Japanese payment platform SoftBank Payment Service.“Cafe24 will continue to expand partnerships with key global companies that possess technical expertise in order to provide optimized local services in various countries,” said Cafe24 CEO Lee Jae-suk.Cafe24 signed a memorandum of understanding with SoftBank Payment Service to share business know-how and boost the global e-commerce market, the company said. Under the agreeme
Industry Jan. 19, 2018
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Mercedes-Benz’s EQ makes Korean debut
Mercedes-Benz’s electric vehicle sub-brand EQ has made Korean debut on Friday, by displaying its plug-in hybrid SUV at the new terminal of Incheon International Airport. Mercedes-BenzThe 2018 GLC 350e 4Matic SUV is the first plug-in hybrid from EQ to enter Korea. The name EQ signifies “Electric Intelligence” and is derived from the Mercedes-Benz’s brand values of “emotion and intelligence,” the company said. “What EQ aims for is the smart mobility, the vision which we wanted to share with public
Mobility Jan. 19, 2018
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[Weekender] How to use Incheon Airport’s new terminal
After nine years of construction, South Korea’s main gateway airport finally opened its sleek new terminal this week. Incheon Airport’s second terminal cost approximately 5 trillion won ($4.7 billion) to build. Armed with smart technologies, its impressive new features are evident from the moment passengers step into the new terminal. Shilla Duty FreeBy using the Incheon Airport mobile application, passengers can find their way around and locate check-in kiosks and restaurants with the help of a
Industry Jan. 19, 2018
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S. Korea start 2018 at No. 59 in FIFA world football rankings
South Korea started the new year as the world's 59th placed football team in the FIFA rankings. According to the January men's rankings table released by FIFA on Thursday, South Korea moved up one spot to No. 59 with 569 points. South Korea were the world's 37th-ranked team one year ago. The Taeguk Warriors, having qualified for the 2018 FIFA World Cup, had the fourth highest position among Asian Football Confederation (AFC) members. Iran fell two spots to No. 34, but remained the top-ranked Asi
Soccer Jan. 18, 2018
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CJ O Shopping makes foray into media commerce with CJ E&M merger
With the latest announcement of a merger with the media arm of the group, CJ O Shopping, South Korea’s largest home shopping company by revenue, is expected to make a foray into media-converged commerce and wider overseas markets. CJ O ShoppingCJ O Shopping on Wednesday announced it will merge with CJ E&M, with the finalization slated for Aug. 1 after the plan earns approval at a general meeting of shareholders in June. CJ O Shopping is CJ Group’s home shopping network and has top sales in the i
Industry Jan. 18, 2018
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Coupang launches OneTouch Payment
E-commerce company Coupang has launched OneTouch Payment, the first Korean mobile checkout system that allows online payment with a single touch, the company said Thursday. Coupang’s OneTouch Payment CoupangOnline payment options mostly require an additional authentication step, such as a password, fingerprint or security card. However, Coupang’s OneTouch Payment will allow users to simply click the “Pay” button to check out on its mobile app, the company explained.OneTouch Payment is availa
Industry Jan. 18, 2018
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[Photo News] Shake Shack opens world’s largest airport branch in Incheon
(Photo courtesy of SPC)The sixth Shake Shack store in Korea has opened at Incheon Airport’s new terminal. It is the largest among five other branches of the burger chain at airports worldwide. Shake Shack stores in Korea are operated exclusively by SPC Group. The new branch is located on the first basement level of Incheon Airport’s Terminal 2, slated to open Thursday. It will offer a variety of new items including Egg N’ Cheese, Shack Blended Coffee and a dessert called Fly Me to the Shack.Offi
Industry Jan. 17, 2018
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Terminal 2 of Incheon Airport opens Thursday
Incheon Airport officially opens its second terminal Thursday, marking its first large-scale expansion in 17 years armed with smart technologies. A view of Incheon Airport’s Terminal 2 from the control tower. YonhapPassengers at Terminal 2 will be able to complete the whole check-in process in 30 minutes via a host of smart technologies, such as automated check-in services and a face-recognition system, according to Incheon Airport. In addition, larger waiting areas in the departure and arrival
Industry Jan. 17, 2018
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Revised anti-graft law expected to boost agricultural sales: ministry
The government eased a key anti-corruption law’s limits on the value of certain gifts Wednesday, saying it hoped the change would bolster agricultural sales.“The effectuation of the revision to the enforcement ordinance of the Improper Solicitation and Graft Act is expected to bring great and positive change to agricultural and fishery industries, especially with the New Year’s holiday less than a month away,” said Minister of Agriculture, Food and Rural Affairs Kim Young-rok during a press brie
Industry Jan. 17, 2018
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Six in 10 part-timers favor ‘no-kids’ zone: survey
About 64 percent of part-time staffers at eateries in Korea were in favor of banning customers accompanied by children from the premises, a recent survey showed. (The Korea Herald)According to the survey conducted by Albamon, a part-timer recruiting website, about 64 percent of 1,268 part-timers at eateries supported a “no-kids policy.”More than 84 percent of the respondents said they had experienced inconvenience due to children.South Korea has seen a growing number of child-free venues in rece
Industry Jan. 15, 2018
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[Photo News] Ice fishing season is here
When the mercury falls below zero in one of the coldest regions in Korea -- cold enough to freeze the river -- it is then that the place gets ready to begin the Hwacheon Sancheoneo Ice Festival.This year’s Hwacheon Sancheoneo Ice Festival, now in its 15th year, kicked off on Jan. 6. At least 380,000 local and foreign guests visited Hwacheon County in Gangwon Province during the first three days of the three-week festival. Ice fishing is just one of the highlights of the festival, which includes
Social Affairs Jan. 12, 2018
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