Furniture and Homewares Stores in South Korea - New Study Released
Furniture and homewares stores in South Korea recorded negative value growth during 2012. Many independent furniture stores open in South Korea every year, but many of them do not last the year, resulting in a weak performance for the entire category. Overall value sales of FHS fell from Won2.4 billion in 2011 to Won2.3 trillion during 2012. Under this negative growth scenario, the competition among the channel's leading brands became even more intense and many of them took the opportunity...
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