Department stores set to post record foreign customer sales this year
Korea's three major department store chains are expected to post record high sales to foreign customers this year, driven by the growing popularity of Korean fashion and other aspects of K-content. Lotte, Hyundai and Shinsegae department stores said sales to foreign customers have already exceeded their respective full-year figures tallied in 2025. Last year the three high-end retailers each sold…
Korea's three major department store chains, Lotte, Hyundai, and Shinsegae, are projected to achieve record sales from foreign customers this year, propelled by the rising popularity of Korean fashion and K-content. Lotte Department Store has already surpassed the 1 trillion won ($520.9 million) mark in foreign sales for the year, becoming the first Korean department store to reach this milestone.
Hyundai Department Store is also on track to reach the 1 trillion won ($520.9 million) mark, with sales reaching 805 billion won so far this year. The surge in foreign sales is attributed to the appeal of Korean products, particularly K-fashion and K-food, which have gained global recognition.
Brief written by urgent.news from The Korea Times's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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