thaad
Another K-Beauty Brand Bites the Dust In China
Amorepacific-owned Innisfree is packing up its bags in China, with plans to shutter about 170 stores by the end of this year. Read More
Is K-Beauty’s Reign Coming To A Close?
Amorepacific's affordable beauty brand Etude House is closing shop in China, showing retailers just how competitive the country’s beauty market can be. Read More
How Will the Coronavirus Crisis Affect the Daigou Business in South Korea?
There may not have been traditional tourist demand from the mainland, but driven by the huge price disparity, there was immense product demand across China. Read More
Will Anti-American Sentiment from the Trade War Hurt Luxury Brands?
According to ‘U.S.-China Trade Tracker’, the unfavorability of U.S. companies reached a high number that’s similar to Japanese and Korean companies. Read More
How Trade War Affects U.S. Consumer Goods Companies and Beyond
Here are three ways that the ongoing U.S. - China trade war can affect the profitability of the luxury and fashion sector in the mid- and long-term. Read More
Bad Timing: Tourists Brawl at Seoul Makeup Counter as China Set to Lift Travel Ban
Chinese tourists in South Korea were caught in a brawl over duty-free products, an untimely event given that Beijing is now vying an end to the travel ban. Read More
The Korean Wave Hits Fashion and Lifestyle in China
South Korea is at the forefront of one of this decade's most influential lifestyle movements in China, brands have taken notice and are buying in. Read More
Mainlanders’ New Mentality Fuels HK Swiss Watch Sales, Despite Political Uncertainty
HK has witnessed a surge of Swiss watch imports in September, a sign of watch wholesalers’ and retailers’ further boosted confidence in the consumer market. Read More
Luxury Brands Label Chinese ‘Daigou’ Spending ‘Short-sighted’
The existence of the Chinese daigou market has long been a headache for luxury brands who want to gain control over their profits. Read More
Korean Duty-Free Shop Sales Increase Due to Illegal Daigou Shoppers
Duty-free stores in South Korea may suffer from loss of Chinese tourist traffic as a result of THAAD, but they have seen sales increases allegedly related to daigou. Read More
