Seoul's high street vacancy rate decreased by 1.5% this year, reaching 17.1% in Q3 2024. The fragrance category is showing vibrant activity, with numerous stores opening, particularly in Garosu-gil and Seongsu. As the domestic fragrance market grows, brands that once focused on department store locations are expanding to street-level shops, creating sensory-driven spaces that prioritize customer experience.
Retail MarketBeat Report
Hena Park • 08/11/2024
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Cushman & Wakefield's Q3 2024 Seoul Retail MarketBeat report is now available to download. Please click on the link to read our latest report.
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Cushman & Wakefield's Q3 2024 Seoul Investment MarketBeat report is now available to download. Please click on the link to read our latest report.
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Cushman & Wakefield's Q3 2024 Seoul Office MarketBeat report is now available to download. Please click on the link to read our latest report.
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