【South Korea】[Exclusive] Cartier to Raise Jewelry Prices on the 10th… Average Increase of 2-5%
Editor’s NoteCartier has announced its third price adjustment in South Korea this year, with increases of 2-5% on select jewelry lines, including…
South Korea Market
【South Korea】Luxury Jewelry Brand ‘Bulgari’ Implements Price Increase… 7-10% Rise Across Lines
Editor’s NoteBulgari has implemented price increases of 7-10% on select items in South Korea, including its signature Serpenti collection. This…
【South Korea】Luxury Jewelry and Watch Brands Aggressively Expand Retail Networks in Korea
Editor’s NoteThis article highlights a notable trend in the luxury sector, where high-end jewelry and watch brands are accelerating their retail…
【South Korea】Luxury Jewelry and Watches Expand Distribution Channels Amidst General Luxury Market Slowdown
Editor’s NoteThis article highlights a notable divergence within the luxury sector, where high-end jewelry and watches continue to thrive despite a…
【Seoul, South】South Korea Emerges as a Battleground for Luxury Watches: New Brands Land, Stores Undergo Renovations
Editor’s NoteSouth Korea has become a key and competitive market for luxury watch brands, driven by strong domestic demand. This article explores how…
【South Korea】Van Cleef & Arpels Announces Another Price Hike Just Four Months After January Increase
Editor’s NoteVan Cleef & Arpels is implementing a significant price increase in South Korea, averaging 10%, effective April 25. This marks the…
【South Korea】Last Year’s National Jewelry Market Size Approximately 5.8 Trillion Won
Editor’s NoteThis article highlights key findings from the 2024 Fashion Jewelry Consumer Survey, revealing a record low purchase rate and a trend…
【South Korea】Lab-Grown Diamonds Reshape Market Landscape… Priced at One-Fifth
Editor’s NoteAs consumer awareness of sustainability grows, lab-grown diamonds are reshaping the jewelry market. This article explores how these…