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[THE INVESTOR] SKINFOOD has decided to shut down its outlets at major hypermarket chains in Korea, industry sources said on Oct. 16. Although SKINFOOD declined to confirm the news, it has reportedl...
[THE INVESTOR] CJ CGV Vietnam Holdings has decided to delay its plans to be listed on the main KOSPI bourse, according to industry sources on Oct. 15. The firm had originally planned to start the d...
[THE INVESTOR] The harmful effects of heat-not-burn cigarettes over regular ones continue to confuse consumers here with government agencies and tobacco makers giving conflicting versions. The gove...
[THE INVESTOR] SKINFOOD announced on Oct. 8 that it has filed for court receivership due to its mounting losses. “Although we are having some difficulty in securing liquidity due to excessive debt,...
[THE INVESTOR] Chanel Korea announced on Oct. 4 that it has started its official online platform for cosmetics. According to the local branch of the French luxury giant, special services including ...
[THE INVESTOR] Korean cosmetics company Able C&C said on Oct. 4 that one of its brands A’pieu has entered Thailand as part of its push to expand its presence in Southeast Asia. The company has o...
[THE INVESTOR] Bongousse Rice Burger franchisees have raised objections to its planned acquisition by Nene Chicken, according to news reports on Oct. 4. “We are expanding our presence with our know...
[THE INVESTOR] Korea’s largest mobile messenger operator Kakao said on Oct. 2 it will spin off its e-commerce unit for further expansion here. The unit will become the largest spun-off entity of Ka...
[THE INVESTOR] Korea’s beauty giant Amorepacific said on Oct. 2 that its hair cosmetics brand has entered China with an aim to expand its presence abroad. The company said it began selling 34 Mi...
[THE INVESTOR] Korean textile and chemical giant Hyosung Group took part in this year’s Intertextile Shanghai, one of the world’s largest textile conferences to date. Cho Hyun-joon , chairman of t...
[THE INVESTOR] Philip Morris Korea announced on Oct. 1 that it has filed a lawsuit seeking the Ministry of Food and Drug Safety to disclose information relevant to its recent analysis of heat-not-bu...
[THE INVESTOR] The brand value of South Korean leisure-related companies improved in the third quarter, data showed on Sept. 30, while that of liquor firms lost ground. Korea earlier reduced its ma...
[THE INVESTOR] Retail sales in Korea increased in August from a year earlier, led by robust demand by online stores that are attracting customers with fast delivery and easy transaction services, go...
[THE INVESTOR] E-mart, Korea’s largest discount hypermarket chain by sales, said on Sept. 28 it will launch the first outlet of its premium grocery store in Los Angeles next year, the latest in a se...
[THE INVESTOR] Emart24, the convenience store chain of retail giant Shinsegae, said on Sept. 26 that the number of storeowners who switched to its brand rose this year. According to Shinsegae, amon...
SKINFOOD to close outlets in E-mart, E-Land Retail
Chinese crypto exchange BTCC to launch service in Korea
Bithumb’s new chief hints at Hong Kong launch
Samsung announces new automotive chip brands
Google to set up data center in Korea next year
Samsung Galaxy Note 10 to beat Apple’s iPhone XS in screen size
SKT, Samsung complete first 5G call
CJ CGV’s Vietnam unit to slow down IPO process
October 16, 2018
