South Korea

【South Korea】Luxury Brands Continue to Sell Well Despite Price Hikes… Annual Price Increases Become Routine, Has the Ultra-High-Price Strategy Worked?

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Editor’s NoteThis article discusses the recent price increases by top luxury brands like Hermès and the anticipated industry-wide trend. While the…

【Jinju, South】Jinju Mayor Jo Gyu-il Vows to Make 2026 a Year of ‘Man-sa-dae-gil’ (All Things Greatly Auspicious) and Leap Forward

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Editor’s NoteThis article highlights Jinju City’s dual achievements in governance, from its top-tier integrity rating to its strategic pivot toward…

【Jinju, South】[New Year Interview] Mayor Jo Gyu-il of Jinju “We will leap forward as a future city by fostering aerospace and green bio industries”

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Editor’s NoteJinju Mayor Jo Gyu-il has outlined a vision to develop the city into a high-tech hub focused on aerospace and green bio industries,…

【South Korea】Luxury Brands Raise Prices in South Korea One After Another, Up 3% to 20% Due to Raw Materials and Headquarters Policy – CHOSUNBIZ

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Editor’s NoteAs we enter the new year, luxury price hikes for items like handbags and watches show no signs of slowing. This trend is driven by a…

【Jinju, South】Mayor Cho Gyu-il of Jinju: “Building Future Growth Engines through the Space and Aviation Industry”

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Editor’s NoteJinju Mayor Cho Gyu-il has outlined the city’s key priorities for the coming year, emphasizing revitalization and innovation. This…

【Jinju, South】Jinju Mayor Cho Gyu-il: “Aerospace Leading City Takes Off”

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Editor’s NoteJinju Mayor Cho Gyu-il has positioned the aerospace sector as the cornerstone for the region’s next century of economic development,…

【South Korea】Growing Alone Despite the Recession… The New Protagonist of Luxury Brands: ‘High Jewelry’ [Lee Yoon-jung’s Unveil]

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Editor’s NoteThis article examines shifting consumer trends in the luxury market, moving from a pandemic-driven boom toward more value-conscious…

【Seoul, South】Report on ‘Dance Reflections by Van Cleef & Arpels Festival in Seoul’: Choreographing the Invisible Crisis – The Diversifying Aesthetics of Choreography

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Editor’s NoteThis review highlights two performances from the Seoul debut of the ‘Dance Reflections by Van Cleef & Arpels Festival,’ part of the…

【Jinju, South】Jinju City Hosts ‘Gyeongnam Aerospace Future Strategy Forum’

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Editor’s NoteThis article outlines regional efforts to position Gyeongnam Province as a central hub for Korea’s aerospace industry, highlighting a…

【Seoul, South】Are Korean Consumers the Only ‘Easy Targets’? Chanel, Bvlgari, Bottega Veneta, and Others Raise Prices Ahead of Year-End

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Editor’s NoteAs the holiday shopping season approaches, several major luxury brands have implemented price increases. This article examines the trend…