Share: Share on Facebook Share on Twitter Share on LinkedIn I recommend visiting cushmanwakefield.com to read:%0A%0A {0} %0A%0A {1} Share on Naver

2022 Seoul High Street Retail Report

Jinwoo Jung • 30/09/2022

With the global retail market experienced an unprecedented crisis due to COVID-19, Seoul has shown signs of recovery from a prolonged recession. The vacancy rate, which had risen sharply due to the pandemic, began to decline with the re-opening in 2022. Myeong-dong and Garosu-gil, reliant on tourists, were hit by the border restrictions. On the other hand, Cheongdam, a luxury commercial district and Hongdae, a young generation-driven district, showed strong retail activity.

 
This 2022 Seoul High Street Retail report highlights:

  • Four retail trends that the pandemic has changed
  • Seoul retail market before and after COVID-19
  • A deep dive into the Seoul high streets and tenant trends
 

Note: This report is only available in Korean.

RELATED INSIGHTS

Shopping Retail
MarketBeat • Retail

Retail MarketBeat Report

Cushman & Wakefield's Q3 2022 Seoul Retail MarketBeat report is now available to download. Please click on the link to read our latest report.
Jinwoo Jung • 21/10/2022
2020 Seoul High Street Retail
Research • Retail

2020 Seoul High Street Retail

In this report, we analyze the performance of six major high streets in Seoul in 2020 amidst the impact of COVID-19 and look at post-pandemic strategies that retailers can implement in their path towards recovery.
17/03/2021
Social Trends and Retail Market
Insights • Retail

Social Trends and Retail Market

This report is only available in Korean.
06/07/2019
With your permission we and our partners would like to use cookies in order to access and record information and process personal data, such as unique identifiers and standard information sent by a device to ensure our website performs as expected, to develop and improve our products, and for advertising and insight purposes.

Alternatively click on More Options and select your preferences before providing or refusing consent. Some processing of your personal data may not require your consent, but you have a right to object to such processing.

You can change your preferences at any time by returning to this site or clicking on Privacy & Cookies.
MORE OPTIONS
AGREE AND CLOSE
These cookies ensure that our website performs as expected,for example website traffic load is balanced across our servers to prevent our website from crashing during particularly high usage.
These cookies allow our website to remember choices you make (such as your user name, language or the region you are in) and provide enhanced features. These cookies do not gather any information about you that could be used for advertising or remember where you have been on the internet.
These cookies allow us to work with our marketing partners to understand which ads or links you have clicked on before arriving on our website or to help us make our advertising more relevant to you.
Agree All
Reject All
SAVE SETTINGS