12
Feb
Foreign Tourists Fuel Rebound of High-End Retail in Department Stores in Seoul, South Korea: What New Updates You Need to Know
Foreign Tourists Fuel Rebound of High-End Retail in Department Stores in Seoul, South Korea: What New Updates You Need to Know The flagship department stores in Seoul are positively bouncing back as spending by foreign tourists skyrockets and high-end retail takes off. After a long domestic spending slump, department stores in the Myeongdong area, like Lotte and Shinsegae, have recorded a new high in sales, primarily due to foreign tourists. The Korea Tourism Organization states that South Korea received almost 19 million international travelers in 2025, marking a record in the country’s...