Shinsegae news and archive

Korea’s Shinsegae partners with China's Alibaba Group

Korean departmental stores chain Shinsegae has formed a strategic partnership with China’s Alibaba Group, to strengthen its position in South Korea’s e-commerce market. According to the Reuters report, the company said in a regulatory filing that the joint venture will be formed partly by Shinsegae investing its 100 percent stake in South Korean...

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New partners, continued growth for Cotton made in Africa

International demand for Cotton made in Africa (CmiA) cotton continues to grow. German fashion brand Brax, Jolo Fashion Group from the Netherlands and fashion and lifestyle brand Shinsegae International from South Korea have recently joined the CmiA initiative to promote sustainable cotton cultivation, protect the environment and improve the...