Hyundai Department Store recreates 1980s New York streets in a Christmas-themed space at its Seoul location. The immersive exhibit features 1985-inspired aesthetics and decor, blending nostalgia with holiday shopping. Visitors experience a retro urban environment designed to evoke the era’s cultural and architectural vibe.
Hyundai Department Store reports a **30% year-over-year increase in third-quarter operating profit**, driven by strong demand for luxury goods and foreign shoppers. Both its department stores and duty-free operations contribute to the growth, despite a slowdown in stock market-driven gains and currency effects seen earlier in the year. The company’s performance highlights sustained consumer interest in high-end products and international trade.
Hyundai Department Store plans to open 10 new stores in Japan, Europe, and the US by 2030 as part of its global K-fashion expansion. The move aims to strengthen its international presence in the fashion retail sector. The stores will feature K-fashion brands, aligning with Hyundai’s broader strategy to promote Korean lifestyle and fashion trends worldwide.
Hyundai Duty Free reports a **KRW9.6 billion (US$6.95 million) operating profit** in H1 2024, marking a **KRW12.8 billion year-on-year improvement**. The company’s parent group also sees **rising department store sales to foreign customers**, though specifics are not detailed in the report.
