Tag: Imvely

  • Online brand “Imvely” to open 1st flagship store

    Online brand “Imvely” to open 1st flagship store

    The online brand ‘Imvely’ is about to reach 100billion won this year. Lim Ji-hyun, who has a strong presence as a marketing role model promoting her own brand wearing ‘Imvly,’ has an attention by presenting a new growth model that combines model and business.

    The online star brand ‘Imvely’ opened its first flagship store ‘velyne’ in Sangsu-dong, Seoul on the 25th.

    The concept of ‘Imvely’ flagship store, which reflects the signatures and identity of Lim Ji-hyun, is like a ‘mansion’, a ‘house of velyne’ where you customer meet all of Imvely at once.

    Everyone who enjoys online shopping knows “Imvly”, and Imvly is the brand that makes a buzz when buying an open line shop.

    The first flagship store Imvly’s ‘velyne ‘is five stories. The first floor is composed of signature cosmetics brand ‘VELYVELY’ and Imvly’s new products, bestselling products.

    The floor is made up of the lifestyle brand ‘Bleu Home’ and the 4th and 5th floors are composed of its own cafe ‘U’all’.

    Imvly, which has been rapidly growing since its launch, already has a solid product lineup and a self-manufacturing line beyond the limits of online shopping malls.

    The company opened eight new stores in Lotte department store this year, and currently operates 13 stores in Lotte Department Store.

    The annual sales of Imvely, which was about 3 billion won at the time of its launching, increased to 148 billion won in 2015, 70 billion won in 2016 and 100 billion won in sales this year.

    With the open of duty-free shop, Imvely has a positive reputation in the global markets, including China and Japan, as well as the domestic market.

  • Lotte Department Stores take in online retailers

    Lotte Department Stores take in online retailers

    Online retailers in Korea are set to open 13 outlets at Lotte Department Store branches in the next three months.

    “Online brands are continuously expanding into offline stores to raise their brand value and to receive real-time feedback from consumers,” says Lotte Department Store.

    Statistics Korea says online sales of apparel and fashion-related items have grown each year by double digits from 6.2 trillion won (US$5.48 billion) to 10.2 trillion won between 2013 and last year.

    As these brands gain traction against traditional fashion houses, they start opening brick-and-mortar outlets as well, first as showrooms then as stores, says the Korea Herald. This helps them to tap into consumers who prefer to see products before they buy.

    A report from Open Survey last year shows that 53 per cent of consumers want to buy their clothes at offline stores.
    Lotte Department Store’s first offline store was for Style Nanda in 2012. Now about 100 online brands have offline outlets at Lotte’s department stores. Opening soon at Lotte are such brands as Imvely, Migun Style and Sappun.

    Some Korean brands, such as Liphop and Style Nanda, have even expanded to offline stores overseas in countries like China and Singapore.