- 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.
Luxury Labels Help Malls Weather Coronavirus Pandemic
