Department Stores in South Korea
South Korea’s department stores registered rapid recovery in 2021 due to rising demand for luxury items and consumer appliances. With the continued restrictions on outbound travel and reduced social activities, local consumers have spent disposable income saved from such leisure activities on luxury goods. For instance, luxury brands such as Louis Vuitton and Christian Dior recorded double-digit revenue growth in 2020 despite the closure of duty-free shops, contributing to compensating for the l...
Euromonitor International's Department Stores in South Korea report offers insight into key trends and developments driving the industry. The report examines all retail channels to provide sector insight. Channels include hypermarkets, supermarkets, discounters, convenience stores, mixed retailers, health and beauty retailers, clothing and footwear retailers, furniture and furnishing stores, DIY and hardware stores, durable goods retailers, leisure and personal goods retailers. There are profiles of leading retailers, with analysis of their performance and the challenges they face. There is also analysis of non-store retailing: vending; homeshopping; internet retailing; direct selling, as available.
Data coverage: market sizes (historic and forecasts), company shares, brand shares and distribution data.
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* Get a detailed picture of the Department Stores market;
* Pinpoint growth sectors and identify factors driving change;
* Understand the competitive environment, the market’s major players and leading brands;
* Use five-year forecasts to assess how the market is predicted to develop.
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