Shinsegae is the top pick among Korean department stores. Its Gangnam store is the global #1 in sales, the company excels in real estate development around transportation hubs, benefits from strong tourism, has enhanced shareholder returns, and is cutting costs by closing loss-making duty-free operations. Revenue is expected to exceed 7 trillion won in 2025, with further upside from margin improvement.
Hyundai Department Store had a weak Q1 2025 but is expected to experience a turnaround by Q3-Q4, driven by summer seasonal demand, increased foreign tourist spending, and the success of its platform-oriented renewal. The stock still has room to rise as earnings recover.
Jenix's Biodance hydrogel mask has a high entry barrier due to complex manufacturing, ensuring strong demand and export momentum. Investors should accumulate on dips while waiting for clear earnings confirmation.