The combined sales of luxury houses Hermes, Louis Vuitton and Chanel in South Korea marked a record high of 3 trillion won ($2.4 billion) last year, amid the frenzy over high-end goods sparked by ...

South Korea’s luxury housing market continues to pop.

In 2022, the so-called Big Three luxury brands—Hermès, Chanel, and Louis Vuitton—made around 4 trillion won ($2.98 billion) in sales in Korea in 2022, with the latter becoming the nation’s ...