![Shinsegae Premium Outlets in Yeoju City, Gyeonggi Province is fully booked. [Courtesy of fullty]](https://file.mk.co.kr/meet/neds/2023/09/image_readtop_2023_689066_16944073225620195.jpg)
Shinsegae Premium Outlets in Yeoju City, Gyeonggi Province is fully booked. [Courtesy of fullty]
Premium outlets in South Korea are offering recycled furniture and home appliances due to increased seasonal demand.
Refurbished products are products that have been displayed in stores or have been returned due to minor defects or imperfections, but have been refurbished and sold at a low price.
Typically, the fall season brings with it an increase in the number of people getting married and moving, which increases the demand for furniture and home appliances. This year, more consumers are turning to used furniture due to high prices and a weak economy.
Shinsegae Simon, a premium outlet management company under the Shinsegae Group, announced on Sunday that healthcare and home appliance company Ceragem opened its first outlet store in August at Shinsegae Premium Outlets in Paju, Gyeonggi Province. .
The company sells massage chairs with a renewed design that are popular among young people, as well as medical equipment for spinal massage.
Stores specializing in high-end furniture and home appliances are also expanding into outlet stores.
Last month, the living resale platform “Fruty'' opened exclusively at Shinsegae Premium Outlets in Yeoju, Gyeonggi Province.
A platform that buys used luxury furniture, inspects it, cleans it, and resells it.
“Products from well-known international brands such as Fritz Hansen, Louis Poulsen and Vitra are popular among newlyweds, accounting for 50% of total consumers,” said a Fluti official.
Shinsegae Paju Premium Outlets includes Re:think, a premium inventory shopping mall where consumers can purchase refurbished products such as electronics such as TVs, laptops, and smartphones, as well as a variety of luxury goods, accessories, and fashion items. ' was also invited.
A Re:think official said, “Refurbished products with discounts of up to 80% are popular as wedding gifts.'' “The number of customers in their 20s and 30s who joined our membership increased by 32% year-on-year in August.”
Shinsegae Casa Co., formerly known as Casa Mia, also sells reclaimed furniture at its outlets.
Meanwhile, IKEA Korea has been operating a purchase service since 2020 that buys used furniture and resells it.
The rapid growth of the second-hand goods market is due to changing consumption preferences, especially among young people.
According to a survey of 1,000 men and women aged 19 to 59 conducted in April by local market research firm Enbrain Trend Monitor, 56.8% of respondents in their 20s said price was important when making a purchase. Ta. In contrast, 58.8% of people in their 50s answered that quality is more important than price.
Written by Kim Kyu-sik and Yoon Yeon-hye
[ⓒ Pulse by Maeil Business News Korea & mk.co.kr, All rights reserved]
