【South Korea】Beyond Luxury Bags to Watches and Jewelry… Department Stores Find Breakthrough in High-End Consumption

Editor’s NoteThis analysis highlights a key trend in retail: while overall department store transactions declined in March, the average purchase…

【South Korea】Shinsegae Department Store to Hold ‘Luxury Watch & Jewelry Fair’ Across All Stores

Editor’s NoteThis article outlines a luxury shopping event by Shinsegae Department Store, targeting soon-to-be-wed couples and VIPs. The fair offers…

【South Korea】”Can’t Let Luxury Jewelry Be Taken Away”… Department Stores Rushing to Attract Ultra-High-End ‘High Jewelry’

Editor’s NoteAs luxury spending increasingly moves online for fashion items, department stores are doubling down on high jewelry—a category where…

【Seoul, South】While Gucci Stumbles, Hermes Races Ahead: Global Luxury Brands See Strong Preference for ‘Ultra-High-Priced’ Items

Editor’s NoteThis analysis highlights a growing divergence in the luxury sector, where Hermes’s unwavering ultra-high-end strategy fuels robust…

【Seoul, South】Jamsil Lotte World Mall Opens ‘Tiffany House of Icons’ Pop-up

Editor’s NoteLotte Department Store has launched an exclusive Tiffany & Co. pop-up at its Jamsil Lotte World Mall location. The “Tiffany House of…

【Seoul, South】Lotte Department Store to Hold Jewelry Collection Worth 40 Billion Won at Avenue L Jamsil

Editor’s NoteLotte Department Store is hosting an exclusive jewelry event at its Avenue L Jamsil branch, featuring a collection valued at…

【Seoul, South】Jewelry Market Also Polarized: Domestic Brands Crying, Luxury Brands Laughing

Editor’s NoteThis article highlights a growing divide in the jewelry market, where surging demand for ultra-luxury brands contrasts sharply with the…

【Seoul, South】Gangnam Big Spender Swept Up 77 Million Won Worth… The Popular ‘This Gemstone’ These Days

Editor’s NoteLab-grown diamonds are gaining mainstream traction, driven by celebrity endorsement and a growing consumer focus on value. As this…

【Seoul, South】Wedding Jewelry Market Halved as Marriages Plummet… ‘For Rent’ Signs Plague Jongno’s Precious Metals District

Editor’s NoteThis article examines the stark decline in South Korea’s wedding jewelry market, a direct consequence of record-low marriage rates. As…

【South Korea】HAGO Sees Threefold Increase in Mid-to-Low-Priced Jewelry Sales Compared to Last Year

Editor’s NoteThis analysis highlights a significant consumer shift within the jewelry market, with HAGO’s data revealing explosive growth in the…