【South Korea】Luxury Brands Bulgari and Tiffany Soar… Foreign Wallets Wide Open Amid ‘Weak Won’
Editor’s NoteThis article highlights a significant surge in domestic luxury sales, driven by shifting consumer patterns and favorable exchange rates….
South Korea Retail
【South Korea】”Prices Keep Rising”… Department Stores’ Focus on ‘Luxury’ Had Its Reasons
Editor’s NoteThis article highlights the strategic pivot of major retailers towards luxury segments, as demonstrated by Shinsegae’s flagship…
【Daejeon, Sou】Daejeon Shinsegae Opens Largest Louis Vuitton Store Outside Seoul Metropolitan Area… Reshaping the ‘Regional Luxury Market’
Editor’s NoteThe opening of Louis Vuitton’s largest regional duplex store in Daejeon signals a strategic shift, challenging the long-standing…
【South Korea】Department Stores’ ‘Wedding Gifts’ Soar as Marriages Increase … Luxury Watches and Jewelry Experience Rapid Growth
Editor’s NoteThis article highlights a notable trend in retail sales, where luxury items like watches and jewelry are seeing strong growth despite…
【Incheon, Sou】”Italian Luxury Jewelry Lands in Incheon”… Lotte Department Store Incheon Branch Opens ‘Bulgari’
Editor’s NoteThis opening highlights the strategic expansion of luxury retail in key regional markets, as department stores like Lotte enhance their…
【Incheon, Sou】Lotte Department Store Incheon Branch Opens ‘Bulgari’ Boutique… Premium Renovation
Editor’s NoteThis article details the opening of a new Bulgari boutique at Lotte Department Store’s Incheon branch, highlighting its design and…
【Seoul, South】Lotte Department Store Launches Korea’s First Exclusive ‘Jacob & Co.’ Boutique
Editor’s NoteLotte Department Store has opened South Korea’s first boutique for Swiss luxury watchmaker Jacob & Co., reinforcing its strategy to…
【Incheon, Sou】Lotte Department Store Opens Italian Luxury Jewelry Brand ‘Bulgari’ Store on First Floor of Incheon Branch
Editor’s NoteThis article highlights the strategic expansion of luxury retail in South Korea, with Bulgari opening its first department store…
【South Korea】Luxury Jewelry and Watches Emerge as ‘Investment Assets’ in the Market… Driving Department Store Sales
Editor’s NoteThis article highlights a significant shift in luxury consumption, where high-end jewelry and watches are increasingly viewed as…
【South Korea】Retail Sales in May Rise 7%, Online Sales Soar 13%… Impact of Luxury Watch and Jewelry Purchases
Editor’s NoteThis article highlights a notable 7% year-on-year sales growth for major domestic retailers in May. The key insight is that while…