Most Popular
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Korean labor force to shrink by 10 million by 2044: report
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Pandemic left Korea more depressed than before: report
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[AtoZ Korean Mind] Does your job define who you are? Should it?
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Allegations surrounding BTS resurface, enraged fans demand apology
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Students with history of violence will be barred from becoming teachers
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Medical feud leaves hospitals in financial crisis
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Samsung mocks Apple over iPhone alarm glitch
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Chip up cycle won’t stay long: SK chief
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'Queen of Tears' riding high on Netflix chart
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Top prosecutor pledges 'speedy, strict' probe into first lady's luxury bag allegations
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Gmarket holds video call fan session for Korean singer Kim Woo-seok
Gmarket Global Shop, an e-commerce platform operated by eBay, held an autograph session for Korean singer Kim Woo-seok via video call, receiving positive comments from global fans as events are being canceled due to COVID-19 outbreak, the firm said Thursday. The event was hosted to celebrate the release of Kim’s first solo album “1st Desire (Greed)” on Sunday. As many concerts and physical events are being canceled due to the novel coronavirus outbreak across the world, the
June 4, 2020
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Coupang dragged down by virus outbreak, labor issues
The rapid growth of e-commerce giant Coupang has been clipped recently upon the recent outbreak of COVID-19 infections at its logistics centers in addition to sudden deaths of its workers in the past months. On Wednesday, a civic group filed a complaint against Coupang’s founder and CEO Kim Bom-suk, claiming that his firm failed to inform customers properly about the COVID-19 cases of its employees. The civic group, named “People’s livelihood solution committee (directly tr
June 3, 2020
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SPC Group to open Shake Shack store in Daegu
SPC Group said Wednesday it will open a Shake Shack store in Daegu in July, its first in the city. According to the company, the new Daegu store will be located in Dongseongno Spark, a shopping mall with a theme park. It is the second outlet to be launched outside Seoul metropolitan area, after the store in Busan, which opened in July 2019. The lot is currently covered with a colorful hoarding art depicting the city’s skyline, for which the company cooperated with Xeva a graffiti arti
June 3, 2020
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Pernod Ricard renews Ballantine’s bottle design
Pernod Ricard Korea said Wednesday it has renewed the bottle design of Ballantine’s 30-year, its flagship scotch whisky, and presented a limited edition of a drink ritual kit. According to the liquor maker, the new packaging design has added modern tint to strengthen Ballantine’s 30-year iconic luxuriousness. The new bottle boasts a sleek exterior, and the golden label design stresses its best quality. All of Ballantine’s 17-year, 21-year and 30-year products come with a ren
June 3, 2020
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Homeplus launches raw fish delivery service on app
Homeplus said Wednesday it has partnered with Badajari, a seafood company, to launch a raw fish delivery service on its mobile shopping app. The app, dubbed Homplus Fish market, is a service linked to Noryangjin Fish Market, aimed to expand the distribution network for the traditional market, the company said. The new service offers a same-day delivery of raw fish menus prepared from the Noryangjin Fish Market. An order made before 2 p.m. would be delivered to the customer by 6 to 8 p.m. on
June 3, 2020
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Online shopping jumps 12.5% in April on pandemic-led e-commerce shift
SEJONG -- Online shopping jumped 12.5 percent from a year earlier in April, data showed Wednesday, as the coronavirus pandemic prompted consumers to buy more goods via e-commerce platforms. The value of online transactions came to 12.26 trillion won ($9.98 billion) in the month, up 1.3 trillion won from the same month last year, according to the data from Statistics Korea. The increase followed a 11.8 percent on-year gain in March. The sharp increase in March was largely attributed to the p
June 3, 2020
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LG Household & Health Care gains license to sell Physiogel in Asia, North America
LG Household & Health Care said Tuesday it has gained a business license to sell GlaxoSmithKline’s skin care brand Physiogel in Asia and North America, for 190 billion won ($155 million). Physiogel is a derma cosmetics brand that was launched in Germany, and is sold in a number of countries in Asia, Europe and South America. The company said it plans to strengthen its presence in the global markets with its acquirement of Physiogel, which comes after the company’s takeover o
June 2, 2020
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Lotte Shopping introduces once-a-week remote working system
Lotte Shopping said Tuesday it has introduced a new remote working system for its 3,200 employees working at its headquarters, whereby they can work at home once a week. The retail arm of Lotte Group is the second affiliate to introduce the remote working system, after Lotte Holdings, which initiated the system from May 25. Lotte Department Store, Lotte Supermarket and the e-commerce branch introduced the system from Monday, while Lotte Mart is due to start beginning this month. Lohbs, its h
June 2, 2020
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Amorepacific shares ‘ABC Spirit’ pledge with employees worldwide
Amorepacific Group, a leading cosmetics firm here, said Tuesday it has set a new action principle “ABC Spirit” for employees in South Korea and around the world to share. Holding a proclamation ceremony at the Seoul headquarter in Seoul on Monday, the company’s Chairman Suh Kyung-bae announced the “five action plans” connected with the ABC spirit, to its employees in both South Korea and overseas branches. “I will do my best to get through this period of
June 2, 2020
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Nongshim buys more kelps to meet surging demand for chapaguri
Following the global popularity of chapaguri -- instant noodle dish that came into the limelight due to Oscar-winning movie “Parasite” -- Nongshim said Monday it is participating in auctions to purchase kelps, a key ingredient, to meet surging demand. Chapaguri is a mixture of Nongshim’s Chapaghetti black bean instant noodle and Neoguri, a soup-based instant noodle. The menu was translated as “ram-don” in English subtitles in the movie. According to No
June 1, 2020
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Amorepacific launches vegan-friendly cosmetics brand Enough Project
Amorepacific, a leading cosmetics manufacturer here, launched Enough Project on Monday, a vegan-friendly lifestyle brand highlighting practicality. Under the new brand, Amorepacific presented seven new products including cleansing oil, essential lotion products and sun screen. The products are all vegan-friendly, with no animal testing and no animal-derived ingredients, the company said. According to the company, its main moisturizing cream has beta-hyaluronic acid, which is 1.5 times more a
June 1, 2020
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Samyang Foods sells export-version of Spicy Buldak Spicy Chicken noodles in Korea
Samyang Foods said Monday it will open limited sales of the export-version of Buldak Spicy Chicken noodles on its online mall for Korean consumers for the first time. The products include the original Spicy Buldak Chicken noodle, Carbonara Spicy Buldak Chicken noodle, 3X Haek Buldak Spicy Chicken noodle -- known as 3X Fire Noodle among non-Korean speakers -- and Corn Spicy Buldak Chicken noodle. All four products do not include meat-derived ingredients, the company said. While the original a
June 1, 2020
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Concerns spread over logistics center-linked COVID-19
Consumers are increasingly concerned by the vast COVID-19 infections linked to major e-commerce logistics centers in South Korea on Thursday, with authorities scurrying to track and contain the spread, while companies received mixed views for their contrasting countermeasures. Since an employee working at Coupang’s logistics center in Bucheon, Gyeonggi Province, was first confirmed to have contracted the virus Saturday, related cases stood at 82 as of 2 p.m. Thursday. Coupang shut down
May 28, 2020
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Coupang closes Bucheon logistics center over COVID-19 cases
E-commerce platform giant Coupang said Tuesday it has closed its Bucheon logistics center in Gyeonggi Province and conducted disinfection of the facility after at least 10 COVID-19 cases are confirmed to be linked with its employees there. According to the company, it will take additional fumigation measures at the center and also check on around 3,700 employees, which includes workers at the center and also those who visited the center from May 12 to Monday. “We sterilize the products
May 26, 2020
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Starbucks Korea expands Teavana stores as tea gains popularity
Starbucks Korea said Tuesday that it has expanded the number of Reserve stores selling Teavana drinks to 52 from 13 amid the growing popularity of tea. According to the coffee chain, sales of tea drinks have grown about 20 percent annually since it launched Teavana here in 2016. Its flagship Honey Ruby Grapefruit Black Tea, rolled out in 2016, is now its third-most-frequently ordered drink, after Americano and caffe latte, among customers in their 20s, Starbucks Korea said. Sales of green te
May 26, 2020
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Duty-free shops suffer sharp drop in April sales amid virus outbreak
South Korean duty-free stores saw their sales drop sharply below the 1 trillion-won ($804 million) mark in April, feeling the pinch of the fallout from the new coronavirus, industry data showed Tuesday. Combined sales of local duty-free shops shrank 9.2 percent on-month to 986.7 billion won last month, according to the data from the Korea Duty Free Shops Association. The number halved from January, the data showed. The number of visitors to duty-free outlets came to around 354,00
May 25, 2020
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Pulmuone opens LEED-certified food research institute
South Korean food company Pulmuone said Friday it has completed the construction of Pulmuone Institute of Technology, the first research and development center that has received certification from the US-based Leadership in Energy and Environmental Design. According to the company, its new institute received a “Gold” level in LEED, which is one of the widely used green building rating system. Built in the designated biotechnology zone, in Osong, North Chungcheong Province, the R&a
May 22, 2020
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Tmon vows to turn profit by 10th anniversary
Tmon, an e-commerce platform in South Korea, promised Friday to turn profit this year as it marks its 10th anniversary. With the goal of going public, the firm’s Chief Executive Officer Lee Jin-won revealed his ambition to lead the e-commerce market. “Tmon is a company that has been labeled the most as ‘the industry’s first,’ in Korea’s e-commerce market. We started as the country’s first social-commerce (provider), and now created the title ‘
May 22, 2020
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[Herald Interview] Ocado Solutions in talks with retailers to enter Korea
British grocery e-commerce service provider Ocado Solutions is in talks with major grocery retailers in South Korea to present its advanced automation system, according to its chief executive. Recognizing how Korea has well-developed online consumer habits, it is an exciting market to introduce the Ocado Smart Platform specialized in grocery business, CEO Luke Jensen told The Korea Herald in an exclusive interview. “We are discussing with various players in the (Korean) market, to deter
May 21, 2020
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Cafe24 joins Facebook’s new e-commerce initiative
Cafe24, a South Korean e-commerce solutions company, said Wednesday it has joined Facebook’s new initiative, “Shops,” as a partner. Facebook announced the launch of Shops on Tuesday to allow small businesses to set up a single online store for customers to access on both its platform and Instagram. Cafe24, which provides solutions to create online stores and related services, such as marketing, and logistics, will be working with Facebook in the social media’s new ini
May 20, 2020