South Korea Luxury Goods News

Related Luxury Goods & Services Industry News

• January 2023: Fossil Group launched a new marketplace, 'Katchin,' in the United Kingdom specifically for jewelry and watches. The company claimed that Katchin aims to offer consumers a new way to shop for accessories, bringing together 'the most sought-after names together in a one-stop-shop' alongside curated content and how-to-style guides.
• October 2022: Huawei launched the Watch D in the German market. The watch was claimed to have a blood pressure monitor feature which already has regulatory approval for the United Kingdom and Europe. The company launched its product through its website and other third-party online retailers as well.
• October 2022: Amazfit launched its water-resistant smartwatch, Amazfit Falcon, in Germany. The company made the watch available through the Amazon website and the manufacturer's website. It featured a particularly robust titanium case, more than 150 sports modes, and 24/7 health monitoring.

• In May 2022, the high-jewellery brand Buccellati opened its first boutique in Singapore at the shops at Marina Bay Sands, that is designed in line with Buccellati's other architectural concepts, the maison has brought over the best of Italian savoir-faire with its iconic High Jewellery pieces. The iconic Bluebell Watch, for one, is distinguished by its slight flower-shaped white gold case, encrusted with diamonds, and finished with a blue enamel and diamond dial.
• In December 2021, Gucci has launched an online store for shoppers in Singapore, stocked with its bestselling handbags, sneakers, clothes, jewelry, and even makeup products from the Gucci beauty line.
• In May 2020, A Singapore-based luxury brand GRAY, known for its futuristic and architectural designs, expanded into luxury Apple Watch cases with the launch of the CYBER WATCH collection. The CYBER WATCH case complements Apple's leading-edge technology with a re-imagined exterior and only a limited number of CYBER WATCH cases were produced for three of the four exclusive models.

• In May 2022, Dior, the French fashion brand opened a large pop-up store in Seoul, South Korea. The store features several rooms inside, each dedicated to a definite segment of the women's ready-to-wear line.
• In January 2022, Sequoia Capital China agreed to acquire a prominent stake in the South Korean luxury brand We11done, the in-house brand of the Korean concept store, Rare Market.
• In February 2021, Kampos, an Italian luxury brand, entered the South Korean market to support its global expansion. Kampos agreed to a partnership with Sanghyun Yu, a distributor with deep knowledge of the market and luxury goods, based in Seoul.

• In February 2022, HUGO BOSS entered into a long-term, strategic partnership with HeiQ AeoniQ LLC, a fully owned subsidiary of Swiss innovator HeiQ Plc to promote sustainability within the fashion industry.
• In January 2022, the Givenchy brand launched the new GIV1 sneaker with the Pre-Spring 2022 collection to increase the consumer base.
• In March 2021, The fashion house MCM (Mode Creation Munich) launched its first fragrance under licensing deal with Inter Parfums. MCM Eau de Parfum had launched globally including in Germany.

• In July 2022, Cortina Watch Thailand launched the new luxury watch boutique at The Mandarin Oriental Hotel. Providing customers the unique shopping experience. The new boutique combined 3 watches brand within area of 156 sqm., including Patek Philippe, Franck Muller, and Breguet.
• In July 2022, Ulysse Nardin unveils a new model launch of its new Diver Chrono Great White it is a limited edition watch with satin finish titanium case and displays a white, unidirectional, rotating, rubberized bezel.
• In June 2022, Estée Lauder Travel Retail launched its luxury fragrance collection in Thailand in partnership with King Power Duty-Free. The Luxury fragrance collection, featuring eight scents, will be available via the retailer's downtown and online stores, and Suvarnabhumi airport.

• June 2023: The Himalaya Wellness Company introduced two new shampoos, namely Dandruff Control Aloe Vera Shampoo and Hair Fall Control Bhringaraja Shampoo, in INR 2 sachet form. The company claims these shampoos are infused with natural ingredients carefully selected to provide effective hair care solutions. This new launch is a part of the brand's effort to reach a larger audience and increase its penetration in the market.
• May 2022: Medimix, the renowned AVA group's flagship brand, announced its new hair care product, Total Care Shampoo, enriched with natural ingredients and suitable for all hair types.
• February 2022: HonasaConsumer, the parent company of D2C unicorn Mama Earth, acquired BBLUNT, a premium hair care, hair color, and styling products brand from Godrej Consumer Products Limited. The brand's product portfolio includes hair colors, dry shampoos, conditioners, styling products, serums, and temporary hair colors.

• In May 2023, Dabur India launched Dabur Herb'lActivated Charcoal toothpaste to attract younger consumers. Charcoal is known as a cleanser, detoxifier, and good absorbent. The company aimed to enhance its product portfolio with the launch of whitening toothpaste and cater to the demand of urban consumers.
• In November 2022, Vitro Naturals launched herb-rich and fluoride-free toothpaste. The product uses herbs like neem, cloves, babool, and mint leaves. The toothpaste protects against teeth and gum infections, bad breath, toothache, and cavities and reduces gum and tooth pain.
• In July 2022, Alacer Corp., a GlaxoSmithKline (GSK) consumer healthcare subsidiary, launched the eco-conscious toothpaste brand Natean. The toothpaste is made with botanicals, natural flavors, and fruit extracts.

• April 2023: Villain Lifestyle, a men's fragrances, accessories, and grooming brand, announced the launch of its personal care range with a campaign starring actor Yash. The product launch included the launch of its new product, the Xtreme Foam Choco Mint Face Wash.
• March 2023: CODE, the brand under the Nourish Pvt. Ltd. company, announced the expansion of its haircare portfolio with the launch of its new hair serum. The company claims that the CODE Hair Serum is specifically designed for Indian men. Furthermore, the company claims that the product offers nourishing and strengthening properties that provide a good and healthy look for the hair and also aid in revitalization as the product consists of its unique blend of natural oils and advanced formula.
• February 2023: Nykaa announced the launch of its new brand, namely, Gentlemen's Crew. The company claims that the brand includes a holistic range of grooming and personal care products. Further, Gentlemen's Crew announced the launch of its robust portfolio of everyday essentials such as deodorants, beard care, and hair styling ranges.
• September 2022: the Japanese brand, Uno, launched its first sheet mask, which the company claims is exclusively designed for men.

• March 2023: Kimberly-Clark relaunched Huggies Complete Comfort baby diapers in India. The company claims that the relaunch of the product focused on 5-in-1 comfort for babies that include softness and absorption.
• October 2022: R for Rabbit launched a new baby care line, Pure & Beyond. The product range includes baby care products like baby creams, lotions, soaps, body washes, shampoos, baby powders, and baby oils. The company claims that the products are made with plant-based ingredients.
• April 2022: Sanosan, a premium baby skincare brand, launched a baby cleansing range that includes baby bath & shampoo, baby soap, and wash foam. The company claims that the products are enriched with hydrolyzed milk protein and organic olive extract.

• January 2023: Fossil Group launched a new marketplace, 'Katchin,' in the United Kingdom specifically for jewelry and watches. The company claimed that Katchin aims to offer consumers a new way to shop for accessories, bringing together 'the most sought-after names together in a one-stop-shop' alongside curated content and how-to-style guides.
• October 2022: Huawei launched the Watch D in the German market. The watch was claimed to have a blood pressure monitor feature which already has regulatory approval for the United Kingdom and Europe. The company launched its product through its website and other third-party online retailers as well.
• October 2022: Amazfit launched its water-resistant smartwatch, Amazfit Falcon, in Germany. The company made the watch available through the Amazon website and the manufacturer's website. It featured a particularly robust titanium case, more than 150 sports modes, and 24/7 health monitoring.