Latest news with #Shinsegae
Korea Herald
14-07-2025
- Automotive
- Korea Herald
Seoul shares top 3,200 points for 1st time in nearly 4 yrs on stimulus hopes
South Korean stocks surpassed the 3,200-point line for the first time in nearly four years Monday on hopes for stimulus packages, including cash handouts, amid US President Donald Trump's renewed tariff threats. The local currency fell against the US dollar. The benchmark Korea Composite Stock Price Index added 26.26 points, or 0.83 percent, to close at 3,202.03. It is the highest closing since Sept. 6, 2021, when the index ended at 3,203.33. Trade volume was moderate at 439.6 million shares worth 11.4 trillion won (US$8.25 billion), with gainers beating decliners 528 to 361. Foreigners scooped up a net 348.3 billion won worth of shares, while institutions dumped a net 94.8 billion won and individual investors sold a net 334.9 billion won. On Saturday, Trump said he has sent letters to key trade partners, including the European Union and Mexico, threatening duties of 30 percent on imports and setting the negotiations deadline as Aug. 1. Despite the renewed threat, analysts noted that investors will wait until Aug. 1 to see the results of the negotiations. Shares of consumer goods and retailers led the rally ahead of the planned distribution of the government-led cash handouts. Major retailers Lotte Shopping and Shinsegae rose 3.07 percent to 80,500 won and 6.57 percent to 197,800 won, respectively. Leading beauty brand AmorePacific went up 5.12 percent to 139,600 won, and LG H&H increased 2.88 percent to 339,000 won. Top carmaker Hyundai Motor rose 4.33 percent to 217,000 won, and its sister Kia advanced 2.18 percent to 103,000 won. Leading non-life insurer Samsung Fire & Marine Insurance soared 9.51 percent to 518,000 won, and Hyundai Marine & Fire Insurance vaulted 6.7 percent to 30,250 won. However, leading biotech firm Samsung dropped 1.42 percent to 1,042,000 won, and Celltrion declined 0.9 percent to 177,000 won. Tech giant Samsung Electronics retreated 0.16 percent to 62,500 won. The local currency was quoted at 1,381.2 won against the greenback at 3:30 p.m., down 5.8 won from the previous session. (Yonhap)
Time of India
10-07-2025
- Entertainment
- Time of India
BLACKPINK Lisa's Billionaire Beau Spotted in Seoul- Romantic Rendezvous or Business Power Play?
The fashion world is buzzing with excitement as Frederic Arnault, the 29-year-old CEO of luxury brand Loro Piana and rumored boyfriend of BLACKPINK's Lisa, made a high-profile visit to South Korea that has everyone talking. The timing couldn't be more perfect - or suspicious - as his arrival coincided with BLACKPINK's explosive "DEADLINE" world tour kickoff in Goyang. Power Meetings Across Seoul's Luxury Landscape Arnault, son of LVMH chairman Bernard Arnault, didn't waste any time during his Korean adventure. On July 7th and 8th, he embarked on what industry insiders are calling a "luxury department store marathon," meeting with the biggest names in Korean retail. His impressive roster included Jung Joon-ho of Lotte Department Store, Kim Young-hoon of Hanwha Galleria, Park Joo-hyung of Shinsegae, and Jung Ji-young of Hyundai Department Store. The young billionaire was spotted touring premium locations across Seoul, including Lotte's Avenuel Jamsil branch, Shinsegae's Gangnam flagship, Galleria Luxury Hall in Apgujeong, and Hyundai Department Store's main branch. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Por qué está en boca de todos esta inteligencia artificial que hace dinero? IA CFD Solicita ahora Undo During these visits, he personally inspected Loro Piana boutiques, checking on the brand's performance in the lucrative Korean market. Love in the Air or Strategic Business Move? What's got K-pop fans and fashion enthusiasts equally intrigued is the timing of Arnault's visit. BLACKPINK held their highly anticipated "DEADLINE" concerts on July 5th and 6th at Goyang Stadium, with Lisa delivering show-stopping performances. Industry sources are speculating that the French heir deliberately scheduled his business trip to align with his rumored girlfriend's Korean schedule. "Since he is the second generation of the group who has not yet turned 30, we had an interview focusing on professional managers instead of the owner's family," revealed a distribution industry official. This suggests that despite his young age, Arnault is being taken seriously as a business leader in his own right. The Romance That Captivated Asia While neither Lisa nor Arnault have officially confirmed their relationship, the pair have been spotted together multiple times since dating rumors first surfaced in July 2023. Their connection has been the subject of intense media scrutiny, with fans noting everything from vacation photos to matching phone lock screens. The relationship has captured the imagination of young people across Asia, representing a fairy-tale romance between K-pop royalty and European luxury dynasty. Social media has been flooded with speculation about whether Arnault attended the BLACKPINK concerts, though no official sightings were reported. Business Empire Meets Hallyu Wave Arnault's Korean visit follows in the footsteps of his father Bernard, who met with major Korean retail executives during his 2023 visit to the country. The younger Arnault's focus on Loro Piana's Korean operations reflects the brand's growing importance in the Asian luxury market, with recent pop-up events and seasonal collections specifically targeting Korean consumers. The luxury brand has been expanding its presence in Korea, with special collections and events designed to appeal to the country's sophisticated fashion consumers. Loro Piana's Korean operations represent a significant portion of LVMH's Asian strategy, making Arnault's personal attention to the market both strategic and necessary. From a young Indian perspective, this cross-cultural romance between a K-pop superstar and a French business heir feels incredibly relatable - it's like watching a real-life Bollywood movie unfold, where love transcends borders and brings together two completely different worlds. The way Arnault seems to prioritize being there for Lisa's important moments reminds us that true love knows no boundaries, whether you're from Seoul, Mumbai, or Paris.
Straits Times
04-07-2025
- Business
- Straits Times
K-pop in beauty stores: Olive Young diversifies as rivals gather
Sign up now: Get ST's newsletters delivered to your inbox Olive Young's expansion sets the stage for fiercer competition, particularly with Shinsegae's beauty brand Chicor. SEOUL - Beauty retail giant CJ Olive Young is tightening its grip on Korea's cosmetics market with a fresh push that fuses Korean cultural trends and hyper-personalized beauty experiences - all while sharpening its global edge. With more than 1,300 stores nationwide, Olive Young has long dominated the local scene - and now it is doubling down. As new challengers emerge in Korea's booming beauty space, the company is evolving its content strategy and store experience to stay ahead of the curve. Olive Young's new three-story Hongdae Playground outpost, which opened on June 11, features a dedicated men's beauty zone, AI-powered skin scan consultations and K-pop sections. Olive Young has increasingly tapped the power of K-pop, creating special zones in tourist hubs like Myeong-dong and Seongsu-dong since 2024. The retailer said it held 19 K-pop pop-up stores in 2024, with six still operating. The strategy has roots in its online success. Since launching a K-pop category on its website in 2022, 71 per cent of first-time overseas customers who purchased K-pop albums also picked up K-beauty products. More recently, Olive Young opened its Central Gangnam Town store on July 2, with a sharp focus on in-store beauty experiences such as skin analyses, personal colour diagnostics and bespoke consultations with beauty advisors. 'The opening of this advanced store seeks to meet the beauty needs of both local and international consumers in the Gangnam area,' an official from Olive Young said, adding that the retailer will continue to launch stores tailored to each district's characteristics and customer base. Top stories Swipe. Select. Stay informed. Singapore Seller's stamp duty rates for private homes raised; holding period increased from 3 years to 4 Asia Japan urges evacuation of small island as 1,000 quakes hit region World Trump's sweeping tax-cut and spending Bill wins congressional approval World Trump eyes simple tariff rates over complex talks, says letters going out Friday Sport A true fans' player – Liverpool supporters in Singapore pay tribute to late Diogo Jota Business More Singapore residents met CPF Required Retirement Sum when they turned 55 in 2024 Singapore Universities like NUS need to be open, to become a sanctuary for global talent: Vivian Balakrishnan Singapore 193ha of land off Changi to be reclaimed for aviation park; area reduced to save seagrass meadow Olive Young's expansion sets the stage for fiercer competition, particularly with Shinsegae's beauty brand Chicor, which recently rebranded and opened nearby with a renewed focus on Korean products, shifting away from its earlier emphasis on imported labels. Likewise, the Chicor store also offers customized beauty experiences, including an AI personalization service and a K-beauty makeup zone. Following in Olive Young's footsteps, the retailer is eyeing new locations in tourist hotspots such as Hongdae and Myeong-dong. Another potential competitor is Hyundai Home Shopping. The TV shopping operator is finalizing plans to launch its first brick-and-mortar beauty store, Coasis, by October, which will be stocked with its teleshopping bestsellers. However, business specifics remain under wraps for now. Although industry consensus remains that Olive Young's dominance will not be easily toppled, the arrival of new competitors can only be good news for consumers. 'The popularity of K-beauty remains strong both here and abroad, and we're seeing new players continue to enter the offline beauty market,' said an industry official. 'But as the market grows, consumers will ultimately benefit from better quality and more competitive pricing.' Indeed, data shows that K-beauty's growth shows no signs of abating. According to the Korea International Trade Association, Korea exported US$3.61 billion (S$4.6 billion) worth of cosmetics from January to April, surpassing the United States' US$3.57 billion for the first time. This milestone comes just a year after Korea overtook Germany to become the world's third-largest cosmetics exporter, behind only France and the US. The nation's cosmetics exports in the first half of 2025 reached a record high of US$5.5 billion, up 14.8 per cent from a year earlier, according to data released by the Ministry of Food and Drug Safety. THE KOREA HERALD/ASIA NEWS NETWORK
Time of India
27-06-2025
- Entertainment
- Time of India
Allday vs ALLDAY PROJECT? Aussie rapper threatens 'major legal battle' against K-pop's new co-ed group; receives hate
Co-ed K-pop group ALLDAY PROJECT is once again embroiled in controversy—this time, just days after their official debut on June 23, 2025. The group is drawing attention due to a potential legal battle with Australian rapper Allday, who claims ownership of the trademark for the name. The situation erupted after Allday shared a screenshot of an article featuring ALLDAY PROJECT on his Instagram. In the caption, he expressed clear frustration over the group's use of a name similar to his and announced his intent to take legal action. ALLDAY PROJECT The Debut Single 'FAMOUS'OUT NOW!🔗 6PM (KST)#ALLDAYPROJECT #ADP #올데이프로젝트#FAMOUS #WICKED#THEBLACKLABEL #더블랙레이블 What did Allday say? He also posted the update on Facebook, writing: "People keep asking me about this… I have a trademark on the name Allday. Maybe I don't have 20 billion streams like that K-pop shit—which mostly sucks, by the way. But I do exist and own the trademark to my name. Prepare for the greatest legal battle of all time." Fans react to legal threats His remarks quickly ignited discussion online. K-pop fans had varied reactions - some dismissed the post as petty or bitter, especially due to the tone and generalization of K-pop music. Others argued that, despite his delivery, the rapper may have valid legal concerns depending on trademark laws and market overlap. Meanwhile, some fans pointed out the powerful backing behind ALLDAY PROJECT, including the involvement of the Shinsegae heiress, suggesting that the legal challenge may not go far. Memes and sarcastic comments also flooded social media, with fans daring him to "try his luck." One fan remarked, "Yeah go against one of the heir of Samsung and a sub label from one of the biggest money maker ever yeah... try it." Another chimed in, "They aren't called 'all day' they're called all day project…" Someone else wrote, "Sounds kinda but hurt, but whatever. If he has the trademark then the judges have to decide if ALLDAY PROJECT is different enough of a name. Making such a grand announcement is cringe to me." Yet another added, "I would've cared more if he didn't talk like a frustrated 13 yo." Allday receives hate While K-pop fans had numerous opinions, it seems some went to the rapper's Instagram to spread hate comments. The Aussie shared a screenshot on his Insta story and wrote, "Getting so much hate for this...I didn't realise how many people grew with lead in their drinking water." A new challenge for a rookie group ALLDAY PROJECT has been dealing with its fair share of controversies, and this latest issue only adds fuel to the fire. While it's uncertain whether legal action will actually materialize, the rapper's comments have stirred international interest and reignited conversation around the group's turbulent debut. Despite the noise, fans remain eager to see how ALLDAY PROJECT navigates its early days - and whether this name dispute will escalate or quietly fade away. For all the latest K-drama, K-pop, and Hallyuwood updates, keep following our coverage here.
Pink Villa
17-06-2025
- Entertainment
- Pink Villa
Why are ALLDAY Project's members being linked to The Glory? Alleged bully resemblance surface around Song Hye Kyo show
A newly debuted K-pop group is making waves online, but not just for their stage presence or music. ALLDAY Project, a rising co-ed idol group, has unexpectedly become a trending topic across Korean forums. It's all due to a viral post drawing a visual comparison between them and the villainous gang from the Netflix drama The Glory. The post that sparked it all It all began with a post on the Korean forum theqoo. It's titled 'New Co-ed Group with Shinsegae Heiress Feels Like Yeonjin's Crew from The Glory.' The post racked up over 78,000 views. It featured a screenshot of a tweet that humorously compared ALLDAY Project 's visuals to the Yeonjin Fam. It's the infamous group of wealthy and ruthless bullies portrayed in the hit drama The Glory. One male member in particular became the center of the comparison. Netizens claimed Tarzzan 's sharp features, slick hairstyle, and cold expression reminded them of Son Myung Oh. He's one of the most disturbing characters from The Glory, played by actor Kim Gun Woo. Not bullies, it's just aesthetic! The original post clarified that it was not accusing any of the members of inappropriate behavior. 'I'm not saying they were school bullies!! Just saying the image combo gives that vibe LOL,' the user wrote. They emphasized that the comparison was based solely on visual similarities and group dynamics. Despite the disclaimer, the post quickly snowballed into a trending topic, drawing both amusement and backlash. Many viewers found the reference funny. Meanwhile, others argued that linking real-life idols to fictional villains was both unfair and potentially harmful. Spotlight on the heiress member Fueling the buzz further was the fact that one of the ALLDAY Project members, Annie, is a Shinsegae heiress. It added to the aura of wealth and privilege that led fans to draw parallels with The Glory's storyline. The series' plot centered around children from influential families abusing their power. Some even joked that their debut photo shoot looked more like a cast lineup for a chaebol drama than a music group. The comparisons may have started as lighthearted, but they stirred up broader discussions. Context: The Glory and its iconic villains The drama at the heart of the comparison, The Glory, isn't just any K-drama. It was one of Netflix's most gripping revenge thrillers. It tells the dark and emotionally charged story of Moon Dong Eun (Song Hye Kyo). She's a woman who plots revenge against the school bullies who destroyed her youth. The 'Yeonjin Fam' is named after the ringleader Park Yeon Jin (Lim Ji Yeon). Other members of the bully clique are portrayed by Park Sung Hoon, Kim Hieora, Cha Joo Young, and Kim Gun Woo. They became synonymous with some of the most villainous portrayals on Korean television in recent years. So, when a K-pop group is compared to them, even jokingly, it naturally carries a provocative edge.
