Commerce Beyond Borders

Korea has just 51 million people and a GDP under 2 trillion dollars, yet it was the fifth-largest luxury market in the world in 2023 and continues to export culture, from beauty to fashion to retail experience, at a scale far beyond its size.

On this episode of Commerce Beyond Borders, Renee Hartmann and Chris Baker sit down with Dominika Kustosz-Lee, a Rethink Retail Top Expert for 2025 and 2026 with nearly two decades of experience across Korean e-commerce, luxury, and business development.

They dig into why Korean consumers move as one, how Olive Young became the infrastructure behind K-beauty's rise, why Seongsu is now known as Korea's pop-up capital, and what global brands consistently get wrong when they try to enter the market.