Hyundai Dept. Store virtual idol pop-ups attract 100,000

The Hyundai Seoul recorded total sales of $5.25 mn from pop-up stores at Isegye Idol, StelLive, and Plave

The Hyundai Seoul
The Hyundai Seoul
Jae-Kwang Ahn 1
2024-03-18 13:48:00 ahnjk@hankyung.com
Retail

South Korea's Hyundai Department Store Co. said on Monday that its pop-up stores of the three virtual idol groups at The Hyundai Seoul attracted over 100,000 visitors in a month.

The sales of the pop-ups to showcase Isegye Idol, StelLive, and Plave ran from Feb. 15 to Mar. 17 exceeded 7 billion won ($5.25 million). 

According to the department store industry, a typical pop-up store in the fashion sector generates about 1 billion won in monthly sales.

Located in Yeouido, The Hyundai Seoul is a prime venue for such pop-up events, with over 56% of its last year's sales originating from customers in the metropolitan area, residing over 10 km away.

The entertainment-related pop-up sales, including those from virtual idol promotions, accounted for 72.3% of the metropolitan area's total sales.

Write to Jae-Kwang Ahn at ahnjk@hankyung.com

Studio Meta-K, Vietnam’s Synapse Studio to co-work for virtual human

Studio Meta-K, Vietnam’s Synapse Studio to co-work for virtual human

South Korea’s content production startup Studio Meta-K announced on Wednesday that it signed a memorandum of understanding (MOU) with Vietnamese visual effects (VFX) company Synapse Studio and domestic startup Oneness Korea to cooperate for virtual humans and generative AI (GenAI)-base

Virtual humans debut on Korean Air’s in-flight video

Virtual humans debut on Korean Air’s in-flight video

Korean Air Lines Co. released on Thursday a new in-flight safety video featuring a virtual human dressed as a flight attendant. This is the first time a virtual human has appeared in an in-flight safety video by any airline in the world.The 5-minute, 12-second video features Rina, a virtual hu

The Hyundai Seoul, a must-visit for young foreigners

The Hyundai Seoul, a must-visit for young foreigners

The Hyundai Seoul located in Yeouido, the South Korean capital’s main finance and investment banking district (Courtesy of Hyundai Department Store) The Hyundai Seoul, the largest department store in the South Korean capital, topped the 1 trillion won mark in annual sales at the fastest p

Are virtual idols the next big thing in K-content?

Are virtual idols the next big thing in K-content?

Plave South Korea's booming virtual idol sector, which combines K-pop content and technology, is fueling interest on the enter-tech (entertainment and technology) market. Virtual idols created through the development of motion capture technology and artificial intelligence (AI) are considered a

Upstage to create interactive chatbot for virtual idols

Upstage to create interactive chatbot for virtual idols

South Korea’s artificial intelligence (AI) startup Upstage announced on Thursday that it has signed a memorandum of understanding (MOU) with Metaverse Entertainment, a subsidiary of Netmarble Corp., for the joint development of Persona AI. Upstage will work on giving personality to chat

Hyundai Department Store, Nestlé forge dietary supplement alliance

Hyundai Department Store, Nestlé forge dietary supplement alliance

Hyundai Department Store Group CEO Jang Ho-jin and Nestlé Health Science CEO Greg Behar pose for a photo after signing a strategic partnership agreement (Courtesy of Hyundai Department Store Group) Hyundai Department Store Group has chosen multinational food giant Nestlé S.A. as a

Hyundai Department Store uses AI to write advertising copy

Hyundai Department Store uses AI to write advertising copy

South Korea's Hyundai Department Store Co. on Sunday said it will officially introduce on Thursday an artificial intelligence (AI) copywriting system dubbed Lewis, which is optimized to produce marketing text in a first for the domestic department store industry.Lewis is based on an AI languag

(* comment hide *}