Luxury Labels Help Malls Weather Coronavirus Pandemic

Chosun Ilbo | Jan 23, 2021 at 9:27 AM
  • Department stores have managed to weather some of the devastation of lockdown with sales of luxury labels, for which Koreans’ appetite is undiminished.
  • Hyundai Department Store’s flagship emporium and Galleria Department Store’s branch in swish Apgujeong-dong are known for their lineup of Hermès, Chanel and Louis Vuitton, and sales increased.
  • Other luxury label sales there soared 23.3 percent, but sales of jewelry jumped 50 percent and of watches 25.9 percent.