Reuters (June 13)
Despite tensions with the North, things are “upbeat” in Seoul. “Compared to pre-pandemic times, the capital city feels richer and more vibrant. A recent boom in local stocks, cryptocurrencies and real estate have spurred the city’s elite, unable to travel, to flex their wealth at home…. Luxury sales topped $14 billion in 2021, making South Korea one of the few markets worldwide to surpass 2019 levels.”
Tags: Boom, Cryptocurrencies, Elite, Luxury sales, Markets, North Korea, Pre-pandemic, Real estate, Richer, Seoul, Stocks, Tensions, Travel, Upbeat, Vibrant, Wealth
WARC (July 23)
“China’s census, conducted once every decade, reveals the demographic trends of its vast and vibrant market, and brands that react quickly and demonstrate cultural relevance to these developments will be the most successful.”
Tags: Brands, Census, China, Cultural relevance, Demographic trends, Market, React, Successful, Vast, Vibrant
