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Seoul seen as Asia's new fashion showcase

What's popular in S Korea sweeps across Asia due to the Hallyu or Korean Wave

Published Mon, Sep 7, 2015 · 09:50 PM

Seoul

MOVE over Hong Kong, Tokyo and Singapore. Seoul is emerging as Asia's new fashion showcase, with the world's top luxury firms seeking to cash in on the regional trend-setting popularity of South Korean pop culture.

Fast-growing Asia is a key market driving the global luxury industry, with purchases by Chinese consumers accounting for one third of global sales, according to market researcher Bain & Company.

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Seoul seen as Asia's new fashion showcase

Consumer & Healthcare

HCA beats first-quarter profit estimates on higher patient admissions

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

EU toughens rules on Chinese fashion retailer Shein

Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation

‘Extreme’ climate blamed for world’s worst wine harvest in 62 years

Sheng Siong Q1 net profit up 9.3% on higher revenue

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