Men are spending more on luxury goods these days as they get married later and value work-life balance more.
Wine sales keep growing as Covid-19 continues to keep people at home, and vendors aggressively promote nesting and drinking.
Retailers and fashion companies in Korea are jumping on the cosmetics bandwagon.
The Emart-Naver stock swap is the latest step in the building of a dominant e-commerce player that may be able to fend off recently-listed Coupang.
Naver and Shinsegae are swapping stock in a complex deal that will add to a growing web of e-commerce alliances as the already competitive market becomes more so.
A 30-year-old woman who spent some 140 million won ($124,000) in Shinsegae Department Store last year was shocked when she recently learned that she had failed to be selected as "Trinity." Instead she was selected for Diamond.
Kakao is exploring the purchase of eBay Korea, which is expected to cost the successful buyer 5 trillion won ($4.4 billion).
Models pose with Nylora products at Shinsegae Department Store’s main branch in Myeong-dong, central Seoul on Wednesday.
The Fair Trade Commission (FTC) on Wednesday approved Emart’s acquisition of the SK Wyverns, a baseball club.