SEOUL, Feb. 9 (Korea Bizwire) –In a spirited move to celebrate the Lunar New Year, Seo Kyoung-duk, a professor at Sungshin Women’s University known for his social activism, has taken to social media to initiate a “Hanbok Challenge.” This comes after his successful advertisement campaign for hanbok, the traditional Korean attire, in New York’s Times [...]
SEOUL, Feb. 5 (Korea Bizwire) – As consumers grapple with rising inflation and interest rates leading to a domestic slowdown, the recommerce market, involving the resale of used items and collectible goods like luxury and limited edition products, is gaining momentum. Estimates suggest that the domestic recommerce market has recently surpassed a value of 30 trillion [...]
SEOUL, Jan. 25 (Korea Bizwire) — Fashion predictions indicate that the grunge look, featuring ripped jeans and hole-filled sweaters, is set to gain popularity this spring. According to Musinsa, a popular fashion platform, the search volume for ‘grunge look’ increased by approximately 45% from January 8 to 21 compared to the previous two weeks, showing signs [...]
SEOUL, Jan. 16 (Korea Bizwire) — South Korea is taking a significant step towards environmental sustainability by initiating a project to recycle leftover fabric scraps into sound-absorbing materials. The Ministry of Environment, along with the district offices of Jongno, Seongdong, and Dongdaemun in Seoul, and the Korea Textile Recycling Association, announced that a signing of a memorandum [...]
SEOUL, Jan. 9 (Korea Bizwire) – Shinsegae Group, a traditional powerhouse in South Korea’s retail sector, is poised to clash with the emerging force Coupang in the luxury fashion market. SSG.com, operated by Shinsegae Group, has announced plans to introduce South Korea’s first official brand store for global luxury e-commerce platform Net-a-Porter. Net-a-Porter, established in the [...]
SEOUL, Dec. 29 (Korea Bizwire) – LG Household & Health Care announced on Thursday its participation in CES 2024 in Las Vegas, showcasing its innovative beauty tech device, IMPRINTU. Set to unveil groundbreaking images generated by artificial intelligence (AI), IMPRINTU will make its North American debut during the four-day CES event starting January 9. IMPRINTU is [...]
SEOUL, Dec. 27 (Korea Bizwire) – With high prices prompting consumers to cut back on clothing purchases, SPA (Specialty store retailer of Private label Apparel) brands, known for their cost-effectiveness and integrated manufacturing and distribution, are gaining popularity in South Korea. According to retail giant E-Land, SPA brand SPAO is projected to reach sales of 480 [...]
SEOUL, Dec. 20 (Korea Bizwire) – The Samsung Fashion Institute has announced the selection of ‘WINDUP’ as the defining keyword for the fashion market in the upcoming year. On September 19, Im Ji-yeon, the head of the institute, elaborated on the multi-faceted significance of this term for 2024, emphasizing the need to “wind up” or conclude [...]
SEOUL, Dec. 15 (Korea Bizwire) –The Ministry of Culture, Sports, and Tourism of South Korea announced that photos of actress Suzy wearing traditional Korean attire, hanbok, will be featured on the electronic billboards at Times Square in New York on Christmas Eve. The images will be displayed from 6 a.m. on December 24 to 2 [...]
SEOUL, Dec. 11 (Korea Bizwire) – K-beauty products are surging in popularity in the Japanese market, with various Korean brands riding the Hallyu or Korean Wave trend. While Japanese consumers have traditionally favored domestic beauty brands, Korean companies are making significant strides in the mid-priced cosmetics sector, particularly in color cosmetics. According to the Japan Imported [...]