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Tag: korean
'IKEA effect' upgrades Korean furniture industry
2016-02-01 04:27:25| Furniture - Topix.net
Furniture sales in Korea sharply surged last year as Swedish furniture giant IKEA's entry stimulated competition to create strong demand in the home decoration sector amid the brisk real estate market, data showed Monday. Combined retail furniture sales were tallied at 5 trillion won in 2015, up 7 percent from a year ago, according to data by Statistics Korea.
Tags: industry
effect
furniture
korean
Woolworths site sold to Korean investors
2016-02-01 03:02:01| Grocery - Topix.net
The Bella Vista site for Woolworths has been sold to Korean-based property investment firm and advisory firm Inmark Asset Management. Sold: The 44,800 square metre office building off Lexington Drive in Bella Vista is 100 per cent leased to Woolworths.
Tags: site
sold
korean
investors
The rise of South Korean skin products
2016-01-28 01:02:25| BBC News | Business | UK Edition
How South Korea's skincare secrets are spreading
Tags: products
south
skin
rise
DRS delivers first HED system to Korean Navys FFX Batch II programme
2016-01-13 13:23:00| Naval Technology
DRS Technologies has delivered the first hybrid electric drive (HED) system, developed for the Republic of Korea Navy's (ROK) new Incheon-class FFX Batch II programme.
Tags: system
programme
korean
delivers
Korean automakers bet on green cars, SUVs and luxury sedans
2016-01-10 13:42:59| Auto Dealers - Topix.net
New cars by local automakers will focus on three themes to prop up their market share following fierce competition from foreign brands In contrast with falling car sales overseas, domestic sales by Korean automakers posted a record high of 1,558,000 units in 2015, 7.7 percent up from a year ago, according to the Ministry of Trade, Industry and Energy on Sunday. The five automakers running production lines here include Hyundai, Kia, General Motors Korea, Renault Samsung and Ssangyong Motor.
Tags: green
cars
korean
luxury
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