Seoul Main Customs announced on Wednesday that it caught a pair of siblings illegally distributing 29 billion won ($25 million) of fake merchandise and sent the case to the prosecution.
As the growing popularity of online shopping moves into the cosmetics sector, luxury brands like Chanel and Estée Lauder are scrambling to follow the trend.
Following the recent boom in the sale of luxury items, fashion company LF is holding a weeklong promotional event offering 200,000 high-end products at special prices
Shinsegae International acquired premium cosmetics brand Swiss Perfection with the goal of becoming a global beauty company.
Invest in for your future gastronomic experience with the World’s 50 Best Restaurant auction starting Friday. Food lovers around the globe worry their favorite spots may no longer exist by the time the coronavirus pandemic subsides.
Shinsegae Duty Free on Wednesday released a flood of Yves Saint Laurent bags and Valentino wallets, being the first duty-free retailer to sell its inventory to local consumers under a special exemption.
Duty-free stores are faced with a tangle of unresolved issues before the government and their suppliers decide on what to do with the backlog of wares caused by the coronavirus. Analysts say it would take until July to resolve the differences.
Mirae Asset Global Investments filed a counterclaim against Anbang Insurance Group at the Delaware Court of Chancery on May 20, challenging a demand from the Chinese insurance company
By Edit’s products each come with a story, and sometimes a book Luxury designer bags may be easier to get than some of the limited-edition canvas bags from By Edit, a brand started by former magazine editor Oh Sun-hee. No matter how much money...
Customers wait as the line to enter the Chanel store snakes around the Lotte Department Store flagship branch in Jung District, central Seoul, on Wednesday. Speculation has grown that the French luxury brand will raise prices, as it did in France.