All South Korea articles – Page 3

  • Next sells to customers in more than 61 countries and shows how online can be a good way for retailers to expand sales overseas
    Opinion

    Comment: Overseas growth beckons UK retailers

    2013-10-03T07:00:00Z

    Two hundred years after Napoleon’s famous observation, we are still a proud nation of shopkeepers. But for many of us, future success will mean that we have to look beyond our national borders for new market opportunities.

  • Tesco reported a 21.8% fall in trading profits to £990m in its international arm
    Analysis

    Tesco: How the grocer is performing in its overseas markets

    2013-04-17T09:58:00Z

    As Tesco reports a 21.8% fall in trading profits to £990m in its international arm, Retail Week looks at how its overseas businesses are faring.

  • ST Dupont, Seoul, South Korea
    Photo gallery

    Store of the week: ST Dupont, Seoul, South Korea

    2013-01-14T07:00:00Z

    ST Dupont is a Parisian luxury accessories retailer and you could be forgiven for not having heard of it, as it has managed to maintain a resolutely low profile this side of the Channel.

  • Tesco has reported its first decline in profits since 1994 after investing £1bn in its UK turnaround plan
    News

    Tesco profits fall 11.6% despite Q2 sales growth

    2012-10-03T08:02:00Z

    Tesco has reported its first decline in profits since 1994 after investing £1bn in its UK turnaround plan.

  • Tesco has raised £300m from the sale and leaseback of four shopping malls in South Korea
    News

    Tesco raises £300m from South Korean sale

    2012-08-23T13:44:00Z

    Tesco has raised £300m from the sale and leaseback of four shopping malls in South Korea.

  • Specsavers has taken out advertising poking fun at the mistake which saw a South Korean flag displayed before North Korea’s football match in the Olympics
    News

    Specsavers ad pokes fun at Olympics Korea flag gaffe

    2012-07-27T09:39:00Z

    Specsavers has taken out advertising poking fun at the mistake which saw a South Korean flag displayed before North Korea’s football match in the Olympics.

  • Tesco is expected to see a £70m cut in profits in its South Korean business this year as the result of changes to large store opening hours
    News

    Tesco expected to reveal South Korean profit fall

    2012-07-23T09:46:00Z

    Tesco is expected to see a £70m cut in profits in its South Korean business this year as the result of changes to large store opening hours.  

  • Lotte Shopping is set to take a controlling stake in electronics retailer Hi-Mart
    Analysis

    Lotte Shopping acquires controlling stake in Hi-Mart

    July 13 2012

    South Korean retail giant Lotte Shopping has ended months of speculation and announced its intention to acquire a controlling 65.25% stake in the nation’s largest electronics specialist retailer, Hi-Mart.

  • Pre-tax profit at Mulberry shot up 54% to £36m last year
    News

    Mulberry profits rise 54%

    2012-06-14T09:58:00Z

    Pre-tax profit at Mulberry shot up 54% to £36m last year.

  • Tesco invested £74.5m globally last year according to its Corporate Responsibility report, released last week
    News

    Tesco expects corporate responsibility competition to rise

    2012-05-29T16:41:00Z

    Tesco has said corporate responsibility will an increasingly important tool in grocery competition this year for ethical and business reasons.

  • The own-brand deal with Shinsegae is the first of its kind for John Lewis
    News

    John Lewis makes a play for ‘premium’ overseas presence

    2012-03-29T07:00:00Z

    Retailer to partner with South Korean department store to sell ‘very British’ own-brand homewares.

  • The grocer is extending the virtual stores to over 20 bus stops near universities
    News

    Tesco expands Korean virtual stores

    2012-02-07T09:29:00Z

    Tesco is to expand its virtual shopping walls in South Korea to target university students.

  • News

    Ikea to open South Korean store in 2014

    2012-01-06T07:00:00Z

    Ikea has acquired a 841,715 sq ft plot in Gwangmyeong, Gyeonggi Province, Chosun Ilbo reports. The home furnishings retailer plans to open a store on the site in 2014. Ikea Korea said that, to cater for local consumer habits, delivery and assembly services would be provided through a subcontractor. ...

  • News

    Fast Retailing to increase network of Uniqlo stores

    2011-11-18T07:00:00Z

    Japanese clothing group Fast Retailing aims to increase its network of Uniqlo stores in South Korea to 300 by the 2020 financial year from its current estate of 64. The retailer hopes the openings will boost South Korean sales to KRW3 trillion (£1.64bn). The plans were revealed by Fast ...

  • News

    Gross sales rIse at Lotte Shopping

    2011-08-23T15:53:00Z

    Lotte Shopping’s gross sales rose 20.3% to SKW5.5trn (£3.1bn) in its second quarter for 2011. Operating profit rose by 8.1% to SKW437bn (£243.8m) while net profit soared by 17.1% to SKW301bn (£167.9m). For the first six months, gross sales climbed 23.8% to SKW11.2trn (£6.25bn). In terms of sales, the group’s ...

  • Supermarkets can learn different things from deli-led markets such as Borough, which serve up a food experience, and more traditional markets, which focus on service and product knowledge
    Photo gallery

    Super markets

    2011-07-04T07:00:00Z

    Food retail store design thinking says that supermarkets lack character and that if elements of traditional markets can be put into them, all will be well. But is this viable? John Ryan reports

  • Tesco china
    News

    Tesco Asia trip shows grocer is realising global rewards

    2010-11-26T00:00:00Z

    Analysts believe Tesco is “beginning to enjoy the benefits of its global scale” after the grocer ran an investor trip to Asia this week.

  • News

    Lotte Shopping Q3 sales up 23.1% to £1.9bn

    2010-11-04T00:00:00Z

    Lotte Shopping has reported a strong set of results for its third quarter with gross sales up 23.1% to KRW3.5trn (£1.9bn). Operating profit was up by 44.7% to KRW241bn (£133m), while net profit increased 25.7% to KRW183bn (£86m). It had a good performance in all divisions, with like-for-like sales growth ...

  • News

    Ikea to enter South Korea

    2010-10-21T19:06:00Z

    Ikea Group president and chief executive Mikael Ohlsson has reiterated comments made on a recent trip to Delhi that the retailer is preparing for market entry into South Korea. He has also confirmed the retailer’s plans to enter the Croatia and Serbian markets in the next few years. ...

  • Photo gallery

    Hyundai department store Ilsan, Seoul

    2010-10-15T00:00:00Z

    The newly-opened Hyundai department store in Ilsan, just outside Seoul, is the kind of thing that you just don’t see in Europe or North America these days. This is 430,000 sq ft of retail space, organised over 10 floors, with everything from a supermarket and deli in the basement, to a cultural