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Korea



Population: 48,860,500 (July 2012 est.)

Languages spoken: Korean, English (widely taught in junior high and high school)

GDP: US$1.549 trillion (2011 est.)

Average per capita income: $31,700 (2011 est.)

Size of country: 99,720 sq km

Top five cities by population:

Seoul: 11,153,200
Pusan: 1,085,300
Taegu: 2,543,800
Incheon: 2,433,000
Taejeon: 1,386,800


Demographic information:

Average age:
Total population: 38.4 years.
Male: 37 years.
Female: 39.8 years (2011 est.)

Average life expectancy:
Total population: 79.3 years
Male: 76.12 years
Female: 82.7 years (2012 est.)

Biggest population group by age:
0-14 years: 15.7 per cent
15-64 years: 72.9 per cent
65 years and over: 11.4 per cent (2011 est.)

Top retail companies

Shinsegae
Stores: 121
Staff: 20,000
Turnover: US$ 652,394 million

Lotte Department Store
Stores: 29
Staff: 10,000
Turnover: US$4.82 billion
       
Home Plus
Stores: 354
Staff: 23000
Turnover : US$7.8 billion

Hyundai Department Store Group
Stores: 14
Staff: 1470
Turnover: US$1.258 billion

Top shopping centres:
Myeondong: 300,000 sqm
COEX Mall: 85,000 sqm
Dongdaemun Market: 65,232 sqm
Namdeamun Market: 66,116 sqm
Itaewon shopping area: over 1500 shops
Parc 66 wins accoladeParc 66 wins accolade
Chinese mall bags ICSC's Best of the Best Award.
Reebonz gets fundsReebonz gets funds
New investment values luxury retailer at US$200m.
Dangdang narrows lossDangdang narrows loss
Books and media sales drive improvement.
SE Asia's smartphone boom unstoppableSE Asia's smartphone boom unstoppable
Southeast Asian consumers purchase more than 108 million handsets in 12 months.
Givenchy triples China storesGivenchy triples China stores
French luxury brand continues expansion in the world's second largest market while rivals slow.
Reliance Retail opens new conceptReliance Retail opens new concept
New store targets gadget lovers.
Suning to open in TibetSuning to open in Tibet
Chinese electronics retailer pioneers expansion in the autonomous region.
Miss Patina to open in AsiaMiss Patina to open in Asia
British brand to debut in China.
Desigual expanding in JapanDesigual expanding in Japan
Spanish fashion brand adds new store in the Japanese market; plans two more.
Theodore Alexander expanding to ChinaTheodore Alexander expanding to China
Furniture retailer plans 17 stores in the mainland.
Metro shutters HoReCa shopMetro shutters HoReCa shop
Concept store fails to connect with customers.
Berluti opens first maison in ChinaBerluti opens first maison in China
LVMH Group-owned luxury brand says China is this year's focus of expansion.
Kingsdown enters IndonesiaKingsdown enters Indonesia
Mattress maker opens first two stores in Jakarta.
McDonald's plans massive China expansionMcDonald's plans massive China expansion
Big Mac maker to hire 75,000 new staff in China.
Asos to open China e-commerceAsos to open China e-commerce
Fashion and beauty retailer partners with hybris to facilitate the development process.
   



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