International Business

The global expansion of K-pop has been significantly propelled by meticulously planned and executed world tours by leading groups such as BTS and BLACKPINK. These tours not only serve as platforms for international fan engagement but also as strategic endeavors that solidify the artists’ presence in the global music industry. This article delves into the … Read more

Case Study: Toyota Races Ahead Toyota Motor Corporation, the eighth-largest company worldwide, controls about 12% of the global car market with $240 billion in annual sales and 349,000 employees. The company operates globally with 53 production facilities in 28 countries, sales in over 170 countries, and 19 design and R&D centers worldwide. Toyota owns luxury … Read more

Introduction The COVID-19 pandemic profoundly impacted various sectors, compelling industries to adapt to unprecedented challenges. The entertainment industry, particularly live performances and fan interactions, faced significant disruptions due to social distancing measures and restrictions on large gatherings. In response, artists and entertainment companies rapidly transitioned to digital platforms, leading to the emergence and globalization of … Read more

Introduction: The Rise of Hallyu and the Role of Digital Platforms In the 21st century, Korean popular culture—widely known as Hallyu—has experienced a dramatic global rise. At the center of this cultural wave are K-dramas and K-pop. Their worldwide reach has been significantly enabled by global streaming platforms such as Netflix and Spotify, which serve … Read more

Introduction In the contemporary global market, the collaboration between luxury fashion brands and cultural icons has become a strategic approach to enhance brand visibility and appeal. A prominent example of this trend is the partnership between the K-pop group BLACKPINK and the luxury conglomerate LVMH. This collaboration exemplifies the mutual benefits and synergistic effects that … Read more

Introduction In May 2021, McDonald’s launched a groundbreaking global marketing campaign in collaboration with the internationally acclaimed K-pop group BTS. This partnership not only merged two powerful cultural and commercial forces but also demonstrated how a global fast-food brand could successfully tap into the emotional loyalty of a global fanbase. The result was a marketing … Read more

Introduction to K-pop Merchandise and Fandom Culture The global rise of K-pop has not only spotlighted its music and performances but also emphasized the significance of merchandise in fostering a deeper connection between artists and their fans. Official merchandise serves as a tangible link, allowing fans to express their support and feel a closer bond … Read more

Case Study: Wings for Life – Red Bull’s Global Success Red Bull was founded in 1987 by Dietrich Mateschitz after he discovered energy drinks in Asia and saw an opportunity in the market. Today, the brand is sold in over 171 countries, with annual sales exceeding 6 billion cans. The drink, which contains caffeine, carbohydrates, … Read more

Introduction: The Power of Cultural Adaptation in K-Pop’s Global Expansion The global success of K-pop is largely attributed to its strategic “glocalization”—a blend of global reach and local adaptation. By tailoring marketing strategies to align with the cultural nuances of specific regions, K-pop companies have effectively engaged diverse audiences worldwide. This article examines the localized … Read more

Introduction to CJ ENM’s Global Strategy CJ ENM, a leading South Korean entertainment conglomerate, has been instrumental in promoting Korean culture worldwide through its diverse content portfolio, including K-dramas and K-pop. Recognizing the growing global appetite for Korean entertainment, CJ ENM has strategically partnered with international broadcasters and platforms to extend its reach, particularly in … Read more