[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
[Consumerwide - Hayoung Chang Reporter/Yohan Bok Reporter] Hana and Shinha Finance Groups were evaluated as outstanding in the Dow Jones Sustainability Management Index. The DJSI World Index represents the top 10% of businesses among the largest 2500 businesses globally based on market capitalizatio
[Consumerwide - Jinil Kang Reporter / Yohan Bok Reporter] Entering the winter season, particularly December, there has been constant involvement of businesses in helping citizens who are vulnerable to energy poverty through sharing briquettes. Social contribution can be a measure of consumption valu
[Consumerwide - Jinil Kang Reporter / Yohan Bok Reporter] Data from TikTok indicates that viewers older than thirty seem to enjoy them. Shortform media is approaching beyond teenagers and young adults, but all age groups.The trend is user variety. Shortform content is no longer just media consumed b
[Consumerwide - Yohan Bok Reporter] Recently, the Korean trucking industry has faced a challenge due to the Chinese AdBlue export limit policy. We have AdBlue stock for six months, but what's going to happen afterwards? (Referring to the data announced by the Ministry of Trade, Industry, and Energy
[Consumerwide - Jinil Kang Reporter / Yohan Bok Reporter] Less than a month is left until the new year. The communication industry is continuing its ESG activities. Some focus on social contribution, while others concentrate on the discovery and training of new ESG businesses. Practice of ESG return
[Consumerwide - Hayoung Chang Reporter/Yohan Bok Reporter] ESG activities for children and teens, the future generation, were held. The National Youth Centre of Korea provided a new recycled energy and carbon-zero experience through a teen camp in cooperation with the Korea Energy Agency and SK C&C.
[Consumerwide - HueSoung Jun Reporter / Yohan Bok Reporter] Cutting prices is not working due to the Chinese brand image. The sales record of Polestar has decreased compared to a month prior and the same month last year. But the sales record of some other overseas brand has increased due to the new
[Consumerwide- Youngchul Woo Reporter/ Yohan Bok Reporter] The home appliance industry began taking social responsibility while contributing to local society through sharing, donating, and volunteering. It can be a measure of consumption value. Social responsibility is not an option, but a mandate.L
[Consumerwide - Jinil Kang Reporter / Yohan Bok Reporter] Nitori entered the Korean home furnishing market as they opened the first store at Hawolgok Emart in Seoul on the 23rd.Nitori is targeting opening 200 stores in ten years to approach Korean customers as closely as possible. As their first ste
[Consumerwide - HueSoung Jun Reporter / Yohan Bok Reporter] The consumption value of Jeong Baul, the CEO of PIL Company, who has a background as a barista and roaster, is cooking with natural ingredients. With healthy recipes, he is taking care of himself and his family. We asked him about his consu
[Consumerwide- Youngchul Woo Reporter/ Yohan Bok Reporter] The ESG practice of delivery apps continues through volunteering and shared growth. Approaching the end of the year in cold weather, they began practicing sharing growth by caring for delivery riders, facilitating music concerts near deliver
