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[THE INVESTOR] Increased consumer interest in keeping clothes hygienic in a convenient way is changing the home appliance market, with tumble dryers and steam closets continuing to see sales growth....
[THE INVESTOR] Coupang is likely to enter the local logistics market in earnest following a recent law revision, according to industry sources on March 2. “We cannot confirm anything specific, but ...
[THE INVESTOR] Muji Korea CEO Narukawa Takuya announced on Feb.27 that the company will expand its presence in Korea by opening 15 to 20 more outlets by 2020. “We will open Muji stores not only in ...
[THE INVESTOR] CJ Group Chairman Sohn Kyung-shik was named the seventh chairman of the Korea Employers Federation on Feb. 27. According to the federation, five members of a selection committee held...
[THE INVESTOR] A Twosome Place, Korea’s coffee chain spun off from CJ Foodville, announced on Feb. 27 that it has attracted investment worth 50 billion won (US$46.65 million). Three investors, incl...
[THE INVESTOR] Retail sales in Korea inched up 0.7 percent in January compared with a year ago as upbeat sales at online malls offset sluggish performance by brick-and-mortar stores, government data...
[THE INVESTOR] British American Tobacco’s Korean subsidiary released a clinical study which indicated that a smoker who switched from conventional cigarettes to glo -- the company’s heat-not-burn de...
[ THE INVESTOR ] The Ministry of Food and Drug Safety said on Feb. 26 it is still conducting tests to fully analyze the harmful ingredients contained in tobacco giant Philip Morris International’s ...
[THE INVESTOR] Korean e-commerce firm WeMakePrice has decided to hire about 50 new merchandisers in a strategic move to put more focus on its original social commerce business, according to industry...
[THE INVESTOR] Warehouse-style discount chain store E-mart Traders said on Feb. 22 that it aims to achieve sales of 1.9 trillion won (US$1.7 billion) this year, in an effort to bolster its offline s...
[THE INVESTOR] Market Kurly , one of Korea’s first grocery-delivering platforms that has impressed the typically picky domestic customer, is now seeking to replicate its success in overseas markets...
[THE INVESTOR] E-mart, Korea’s largest discount store chain operator, said on Feb. 22 it aims to achieve 1.9 trillion won (US$1.76 billion) in sales from its warehouse-style stores this. E-mart ...
[THE INVESTOR] Lotte Chairman Shin Dong-bin’s voluntary offer to quit as chief executive officer at its Japan-based holding firm has been approved through a board meeting, the group said Wednesday. ...
[THE INVESTOR] Orion has been ranked as the 14th-biggest confectionery company in the world by sales by global confectionery industry magazine Candy Industry. Orion placed highest among Korean conf...
[THE INVESTOR] Korean private equity firm VIG Partners said on Feb. 20 that it is acquiring an 83.1 percent stake in Winplus, a local fine food materials distributor, for 74 billion won (US$69.14 mi...
IBK buys second Indonesian bank
SsangYong Motor’s Rexton Sports output to rise by 10,000 units
GM must stay in Korea for at least 10 years: KDB
Focus on root of all problems: Samsung’s Lee Jae-yong
LG set to acquire automotive light maker ZKW for W1.6tr
Mexican food chain On The Border looking for new owner
GM Korea union losing ground following due diligence
Past comes back to haunt Korean Air’s Cho family
April 26, 2018
