E-commerce firms are competing fiercely to secure a bigger slice of the rapidly-growing online cosmetics market, according to company officials, Thursday.
International luxury goods makers are strengthening partnerships with Korean e-commerce firms to attract more young consumers shopping online as sales at department stores and other offline channels decrease, according to industry officials, Thursday.
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Chanel Korea has started selling luxury watches online under a partnership with SSG.com, an online shopping platform operated by Shinsegae, company officials said Monday.