In the period from January to May 2023, Lotte department stores saw the highest increase of sales in the luxury goods sector among select brands with seven percent. Hyundai department stores followed at around 6.8 percent in sales growth. Sales of foreign luxury brands at department stores had seen a large sales growth of 30 percent or more in the previous year.
Change in luxury goods sales in department stores in South Korea from January to May 2023, by department store brand
Characteristic
Change in sales
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Hankyung. (June 12, 2023). Change in luxury goods sales in department stores in South Korea from January to May 2023, by department store brand [Graph]. In Statista. Retrieved July 27, 2024, from https://www.statista.com/statistics/1446464/south-korea-luxury-goods-sales-change-by-department-store-brand/
Hankyung. "Change in luxury goods sales in department stores in South Korea from January to May 2023, by department store brand." Chart. June 12, 2023. Statista. Accessed July 27, 2024. https://www.statista.com/statistics/1446464/south-korea-luxury-goods-sales-change-by-department-store-brand/
Hankyung. (2023). Change in luxury goods sales in department stores in South Korea from January to May 2023, by department store brand. Statista. Statista Inc.. Accessed: July 27, 2024. https://www.statista.com/statistics/1446464/south-korea-luxury-goods-sales-change-by-department-store-brand/
Hankyung. "Change in Luxury Goods Sales in Department Stores in South Korea from January to May 2023, by Department Store Brand." Statista, Statista Inc., 12 Jun 2023, https://www.statista.com/statistics/1446464/south-korea-luxury-goods-sales-change-by-department-store-brand/
Hankyung, Change in luxury goods sales in department stores in South Korea from January to May 2023, by department store brand Statista, https://www.statista.com/statistics/1446464/south-korea-luxury-goods-sales-change-by-department-store-brand/ (last visited July 27, 2024)
Change in luxury goods sales in department stores in South Korea from January to May 2023, by department store brand [Graph], Hankyung, June 12, 2023. [Online]. Available: https://www.statista.com/statistics/1446464/south-korea-luxury-goods-sales-change-by-department-store-brand/