SALTRAIN, a lifestyle brand offering various products closely related to our daily lives based on domestic premium gray salt(one of the finest sea salt from tidal flats), meets Toy Story | TinyTAN characters.'TinyTAN' are characters representing the seven members of BTS in adorable form. Through thi
With Coupang significantly increasing the subscription fee for its paid membership service, “Wow Membership,” last week, a “membership showdown” has commenced in the retail industry. This move comes amid continued aggression from Chinese e-commerce giants such as AliExpress and Temu, expanding the f
A huge wave that began with Chinese e-commerce platform AliExpress is now on the horizon, making it to more difficult to predict the future of the Korean e-commerce market.While Korean e-commerce players are competing fiercely for survival, the United States, China, and other Asian countries have jo
Chinese e-commerce giant Alibaba Express announced a consumer protection policy on March 14 that offers unconditional returns and refunds within 90 days for cross-border online purchases. Additionally, it has officially launched a customer service hotline and plans to invest about 1.5 trillion won o
Hyosung TNS showcased its latest unmanned payment solution, JetCheck, at the NRF 2024 retail trade show held in New York from Jan. 14 to 16.JetCheck is an unmanned checkout counter that provides a seamless payment experience and assists in store operations. This unmanned payment solution includes bo
More than four out of 10 listed companies in Korea were unable to pay interest with money they made, according to a recent survey. High interest rates and stagflation worsened the business environment, raising red flags on their financial conditions.As of the third quarter of 2023, 710 of 1,674 list
Overseas luxury brands are once again raising product prices early in the new year.According to the retail industry on Jan. 2, Hermes has raised the prices of its shoe products starting from Jan. 1. Among the various models of “Oran” sandals, the one crafted from lizard leather has witnessed a subst
Coupang is making a significant entry into the 500-trillion-won luxury market by acquiring Farfetch, the world’s largest luxury platform. Farfetch boasts a collection of 1,400 luxury brands, including Chanel and Hermes, catering to global consumers in 190 countries such as the United States and the
Pernod Ricard Korea, the Korean affiliate of the global wine and spirits company Pernod Ricard, announced on November 9 that it has been recertified by the Ministry of Culture, Sports and Tourism and the Arts Council Korea as an ‘Exemplary institution sponsoring culture and arts.This certification p
We believe that Shinsegae International’s 3Q23 earnings will miss consensus, citing the combination of slowed consumption, liquidation of inefficient businesses, and withdrawal of a luxury brand (Celine). In 4Q23, the firm is expected to focus on improving its profit/loss picture by adding new brand
Cleveland Avenue, a prominent Chicago-based venture capital firm specializing in investments within lifestyle consumer brands and pioneering technology companies that positively disrupt large and growing markets, hosted CA Tech X Asia in collaboration with Shinsegae at The Devil's Door in Seoul toda
It has been disclosed that among the stock assets held by conglomerate leaders and their families, there are 22 instances where the stock assets of the next generation surpass 50 percent. This increase in the inheritance and gifting of stocks as part of the generational transition within these congl
Pernod Ricard Korea announced that it will host the Ballantine's Single Malt Glenburgie Pop-up Store, titled "Ballantine’s Single Malt Glenburgie: Unveiling Centuries Old Secrets," at Shinsegae Department Store Centum City in Busan until August 10 (Thursday).Themed "Unveiling Centuries Old Secre
The market capitalizations of the 10 largest Korean conglomerates have reached 40 trillion won in a month and a half, according to securities information firm FnGuide.According to FnGuide on July 25, market caps swelled by 3.05 percent to 1,341.2603 trillion won (US$1.0533658 trillion) as of the clo
The author is an analyst for Shinhan Securities. He can be reached at sanghoonpure.cho@shinhan.com -- Ed.2Q23 earnings to miss consensus at operating loss of KRW26.6bnE-Mart is expected to have seen an operating loss of KRW26.6bn (widening loss YoY) on sales of KRW7.24tr (+1.3% YoY) in 2Q23, falling
While the market capitalizations of companies that focus on semiconductors, secondary batteries, and automobiles -- Samsung Group, SK Group, LG Group, Hyundai Motor Group, and POSCO Group -- have increased, those of retail-heavy companies like CJ Group, Shinsegae Group, GS Group, Lotte Group, and ot
The author is an analyst for NH Investment & Securities. He can be reached at jiyoony@nhqv.com -- Ed.The Nature Holdings’ OP for 1Q23 came in sluggish due to both a higher COGS-to-sales ratio and greater labor costs for advertising and new brands. But, the overseas sales portion for NG has been on a
The author is an analyst for NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.Shinsegae International’s 1Q23 OP arrived well wide of consensus on both the exit of some imported fashion brands and heftier one-off labor costs. Annual earnings estimate cuts are unavoidable, but
The author is an analyst for NH Investment & Securities. He can be reached at jooyh@nhqv.com -- Ed.High-base effect at the department store division and weak earnings at subsidiary Shinsegae International are disappointing. However, we maintain a positive view as conditions at the DFS business, a ke
The author is an analyst of NH Investment & Securities. She can be reached at jiyoony@nhqv.com -- Ed.We expect The Nature Holdings’ 1Q23 consolidated results to show a 14% y-y increase in OP, backed by both a surge in carrier sales and narrowing losses for the Barrel. With sound carrier sales, new b