KT&G’s profit jumped in the first quarter, breaking the company’s record for quarterly sales performance, as the Korean tobacco company’s products have gained traction overseas.
KG Mobility announced Monday that its sales rose 6.5 percent in April from a year earlier, driven by more exports.
GM Korea, the Korean unit of General Motors, said Monday that its April sales rose nearly 15 percent from a year earlier, supported by solid overseas demand.
Kia outsold Hyundai Motor in Korea last month for the first time since Hyundai Motor Group took over Kia in 1998, reversing the usual pecking order between the two automakers.
Revenue of major retail companies in Korea rose 5.6 percent from a year earlier in March on robust consumption demand fueled by a sharp increase in inbound travelers to the country coupled with the arrival of the back-to-school season.
BTS's latest album "Arirang" received a platinum certification from the French record organization on Monday, making the band's fourth release to do so.
Beauty and fashion retailers are expanding their operations beyond Seoul by opening new stores and investing heavily in local markets as they make efforts to use shifting shopping habits to their advantage and to attract new customers.
Sales of imported vehicles in Korea rose 34.6 percent in March from a year earlier, supported by more working days and robust demand for electric vehicles, industry data showed Friday.
From stress-relief toys to collectible figures, consumers in their 20s and 30s are driving toy sales as the low birthrate shrinks the traditional children’s market. The shift is prompting retailers to expand offerings for so-called “kidults."
Hyundai Motor and Kia recorded their highest-ever first quarter sales in the United States, driven by a surge in demand for hybrids that helped offset weaker electric vehicle sales and outpace most major competitors in a slowing market.
Korea JoongAng Daily Sitemap
