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The Korea Herald

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Laneige opens first global flagship store in Myeongdong

Laneige, a beauty brand under AmorePacific, has opened its first global flagship store in Myeongdong on Friday. Laneige Seoul is designed for consumers to experience up-to-date technology and the brand's "Open to Wonder" philosophy. With hyper-personalized beauty services and products, the brand aims to provide a unique consumer experience, the company said. At the Lip Sleeping Mask Swirl experience, inspired by an ice cream bar, consumers can choose two out of ten scents. The machinery — equipp

The Korea Herald

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Korea's bestselling soju lowers alcohol content

South Korean liquor-maker HiteJinro announced Tuesday that it will lower the alcoholic content of its flagship soju brand, Chamisul Fresh, from 16 percent to 15.7 percent to better align with changing consumer preferences. Chamisul Fresh is the No. 1 soju brand by domestic sales. This update follows the brand's last reformulation two years and four months ago. The refreshed Chamisul Fresh will be available nationwide through distribution channels starting in mid-June. The company stated that thi

KBS World (English)

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Consumer Prices Rise by 26-Month High of 3.1% in May amid Middle East Crisis

[Economy] : Consumer prices rose in May by the biggest margin in two years and two months, amid soaring global oil prices stemming from the crisis in the Middle East. The Ministry of Data and Statistics announced Tuesday that the consumer price index increased by three-point-one percent from the previous year, the ... [more...]

The Korea Herald

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Consumer prices up 3.1% in May on soaring fuel prices

South Korea's consumer prices rose more than 3 percent in May from a year earlier amid global energy price volatility following the Middle East war, data showed Tuesday. Consumer prices, a key gauge of inflation, increased 3.1 percent last month from a year earlier, according to data from the Ministry of Data and Statistics. It marked the fastest growth in 26 months after rising at the same pace in March 2024. Prices of industrial products rose 4.2 percent, driven largely by higher fuel prices.

The Korea Herald

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Global hotel booking apps under fire over hidden costs

More than half of consumers who used global accommodation booking platforms reported financial losses, according to a Seoul city government survey released Monday. The survey found that 55 percent of 1,000 respondents who had used overseas lodging platforms within the past three years suffered financial losses when booking accommodations through services including Agoda, Airbnb, Expedia, Booking.com, Trip.com and Hotels.com. The findings come as Seoul seeks stronger oversight of overseas booking

The Korea Herald

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CJ chairman visits 1st Olive Young store in US

CJ Group Chairman Lee Jae-hyun visited CJ Olive Young Corp.'s first US store in California and called for efforts to promote healthy and stylish lifestyles among American consumers, the company said Sunday. During the visit, Lee described the launch of the health and beauty retailer's first US outlet as a "first step" toward expanding in the United States, the world's largest consumer market, according to the retail and entertainment conglomerate. The 803-square-meter store is located in a major

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“캐릭터 카드 사려고 새벽부터 줄 서”…포켓몬에 빠진 2030 키덜트족 [Consumer News]

동심을 자극하는 포켓몬 캐릭터 카드 열풍이 2030세대를 중심으로 거세지고 있다. 어린 시절 애니메이션과 게임으로 포켓몬을 접했던 세대가 성인이 된 뒤 추억과 수집 욕구를 동시에 ..

KBS World (English)

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Authorities Issue Accommodation Price Gouging Alert Ahead of BTS Concerts in Busan

[Domestic] : Local authorities are cracking down on accommodations in Busan that are demanding extra fees from customers, unilaterally cancelling reservations or carrying out unfair trade practices ahead of BTS concerts in the city next month. The Korea Consumer Agency, the Fair Trade Commission and the Busan ... [more...]

The Korea Herald

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KFTC readies AI-era antitrust overhaul

SEJONG — The Korea Fair Trade Commission will execute one of its biggest organizational expansions in years, signaling a tougher and more data-driven antitrust push under the Lee Jae Myung administration, KTFC Chair Ju Biung-ghi announced Tuesday. The KFTC plans to add 237 officials and establish new investigation and economic analysis units to better handle increasingly complex cases involving online platforms, consumer cartels and large conglomerates. The overhaul comes as the regulator faces

The Korea Herald

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Nongshim targets India’s rapid-delivery market with Blinkit tie-up

Nongshim is stepping up its push into India through a partnership with Blinkit, the country’s largest instant delivery platform. Through Blinkit’s delivery network, which accounts for roughly half of India’s rapid-delivery grocery market, Nongshim plans to expand sales of Shin Ramyun in major cities such as New Delhi and Mumbai. The Korean food maker recently held a launch event in Gurugram for Shin Ramyun Kimchi Stir Fry, targeting younger Indian consumers familiar with app-based instant delive

The Korea Herald

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Renault Korea bets on practical hybrids with Filante

Renault Korea is betting that the next phase of Korea’s automotive electrification will be driven less by fully electric vehicles and more by consumers seeking practical, low-stress alternatives. Its answer is the Filante, a hybrid crossover positioned as a balance between EV-like efficiency and the convenience of conventional gasoline vehicles. As Korean consumers become more familiar with EVs, concerns over charging infrastructure and driving range have eased. But buyers are increasingly prior

The Korea Herald

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LG Electronics OLED TVs top consumer reviews in 14 countries

LG Electronics said its OLED TVs ranked first in consumer media evaluations across 14 countries, strengthening its position in the global premium TV market. Consumer review organizations in the US, Europe and Australia gave LG OLED TVs top scores for picture quality, sound performance and overall viewing experience. In the US, Consumer Reports ranked LG OLED TVs highest across several categories, including models above 70 inches, 65 inches and 55-60 inches. The publication praised the 65-inch LG

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LG 올레드 TV, 전세계 14개국 소비자매체 평가 1위

LG전자는 회사의 올레드(OLED) TV가 전세계 14개국 소비자매체 TV 성능 평가에서 모두 1위를 차지했다고 25일 밝혔다. LG 올레드 TV는 미국 대표 소비자매체 컨슈머리포트(Consumer Reports)의 최근 평가에서 모든 화면 크기별 올레드 TV 분야에서 최고점을 획득했다. 특히 65형 LG 올레드 에보 AI(인공지능)에 대해서는 "고명암비(HDR) 성능이 매우 인상적이고 어떤 자리에서도 화질 저하가 거의 없는 뛰어난 시야각을 갖췄다"고 평가했다. 영국 소비자매체 '위치?(Which?)' 역시 65형 LG 올레드 에보 AI에 최고점을 줬으며 포르투갈 소비자매체 '데코 프로테스테(DECO PROteste)'는 55형 LG 올레드 에보 AI에 대해 최고 점수를 부여했다....

The Korea Herald

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New Zealand showcases wines in Seoul

The New Zealand Chamber of Commerce in Korea on Saturday showcased premium New Zealand wines at its annual wine festival in Seoul, highlighting the country’s growing presence in South Korea’s premium wine market. Held under the theme “Where Wine Meets Art,” the event presented wine as “liquid art” shaped by terroir and time, while introducing Korean consumers to New Zealand’s wine culture, cuisine and lifestyle. “New Zealand wine is going from strength to strength in Korea’s premium wine market,

The Korea Herald

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Samsung wage deal faces backlash over chip-heavy bonus plan

Samsung Electronics’ tentative 2026 wage agreement is facing backlash from employees in its consumer electronics and mobile division. Union leaders accuse management of shaping the deal around the company’s booming memory chip business while leaving finished-product workers behind. The Suwon branch of the National Samsung Electronics Union and Samsung Electronics Donghaeng Labor Union, whose members are largely from the Device eXperience division, held a press conference Friday outside Samsung D

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Laneige opens first global flagship store in Myeongdong

Korea's bestselling soju lowers alcohol content

Consumer Prices Rise by 26-Month High of 3.1% in May amid Middle East Crisis

Consumer prices up 3.1% in May on soaring fuel prices

Global hotel booking apps under fire over hidden costs

CJ chairman visits 1st Olive Young store in US

“캐릭터 카드 사려고 새벽부터 줄 서”…포켓몬에 빠진 2030 키덜트족 [Consumer News]

Authorities Issue Accommodation Price Gouging Alert Ahead of BTS Concerts in Busan

KFTC readies AI-era antitrust overhaul

Nongshim targets India’s rapid-delivery market with Blinkit tie-up

Renault Korea bets on practical hybrids with Filante

LG Electronics OLED TVs top consumer reviews in 14 countries

LG 올레드 TV, 전세계 14개국 소비자매체 평가 1위

New Zealand showcases wines in Seoul

Samsung wage deal faces backlash over chip-heavy bonus plan