Editor's note- ESG, which contains sustainable ideas through environmental and social responsibility and management, is taking a place as mandatory, not an option. Yet, quite a number of businesses are still ignoring this matter. ESG management is directly linked to consumption value. Thus, we are r
Editor's note- ESG, which contains sustainable ideas through environmental and social responsibility and management, is taking a place as mandatory, not an option. Yet, quite a number of businesses are still ignoring this matter. Practicing ESG management is directly linked to consumption value. Thu
[Consumerwide - HueSoung Jun Reporter / Yohan Bok Reporter] In 2023, there was a huge trend towards environmental vehicles in the domestic vehicle market, but electric vehicles. Due to complete consumption of factory order waiting stocks, a high interest rate, high inflation, and a lack of charging
Editor's note- ESG, which contains sustainable ideas through environmental and social responsibility and management, is being made mandatory, not an option. Yet, quite a number of businesses are still ignoring this matter. Practicing ESG management is directly linked to consumption value, which can
[Consumerwide - HueSoung Jun Reporter / Yohan Bok Reporter] There has been a strong trend of environmental car consumption in the Korean car market during 2023. The sales record of disel has decreased; instead, the sales record of hybrid cars, which are known to be clean, has increased remarkably by
[Consumerwide - HueSoung Jun Reporter / Yohan Bok Reporter] The domestic luxury e-commerce market is shaking as Coupang takes over Farfetch, the world's largest luxury e-commerce business that distributes the world's best 1,400 luxury brands, including Chanel and Hermès, from 50 nations to over 190
[Consumerwide- Youngchul Woo Reporter/ Yohan Bok Reporter] Recently, the Korea Consumer Agency has urged for frequent victim cases of free cosmetic testing promotions in Korea. We've got to make a rational choice, understanding there isn't such thing as a free lunch."There had been a total of 817 vi
[Consumerwide - Hayoung Chang Reporter/Yohan Bok Reporter] Businesses are striving for sustainable development while inventing relevant projects, hoping to meet the needs of consumers who value the environment. KolonFnC has begun targeting the US market with the opening of Circular Library, which is
[Consumerwide- Youngchul Woo Reporter/ Yohan Bok Reporter] Representative Korean street foods, including Bungeoppang (fish-shaped buns), Tteokbokki (spicy rice cakes), and Hotteok (Korean sweet pancakes), are entering the homemade convenience food industry as quite a number of food businesses are in
[Consumerwide - HueSoung Jun Reporter / Yohan Bok Reporter] Toyota seems to be focusing on hybrid cars but slowing down in releasing electric models until the right timing concerning the economic downturn along with a lack of charging infrastructure and the high price of electric models. Toyota can
[Consumerwide - Jinil Kang Reporter / Yohan Bok Reporter] Tim Hortons, a Canadian coffee brand, has entered the Korean market as of December 14th, starting from their first branch at Sinnonhyeon Station Seou. They plan to open their second branch on the 28th at Seonneung Station and over 150 branche
[Consumerwide - HueSoung Jun Reporter / Yohan Bok Reporter] The new electric car sales record is revitalizing. The sales record that's been decreasing until the third quarter compared to a year prior has increased by November compared to the same month last year. The trend appears to be being follow
[Consumerwide- Youngchul Woo Reporter/ Yohan Bok Reporter] The delivery app industry is busy with ESG management even in December, the last month of the year. Shared growth involves supplying warming items to delivery riders, offering discounts to customers and delivery restaurants, and preserving t
[Consumerwide - HueSoung Jun Reporter / Yohan Bok Reporter] Hybrid cars, which are considered to be environmental cars, are proving to be a major trend in Korea. Both environmental value-based and ordinary consumers are actively purchasing hybrid cars that are known to be excellent in fuel efficienc