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[ THE INVESTOR ] Korean duty-free shops saw the number of foreign customers decline sharply in April from a month earlier, industry data showed on May 23. The tally on foreign customers that visit...
[ THE INVESTOR ] The row between Coupang delivery workers, more widely known as Coupang Men, and the company regarding working conditions appears to be deepening amid wage cuts that are said to ha...
[ THE INVESTOR ] CJ E&M has become the first major distributor in Korea to provide music content to Apple Music, according to Chosun Biz on May 22. Its music streaming service Mnet.com acknowled...
[ THE INVESTOR ] E-Land Group closed a deal with MBK Partners to sell its home and living business for 700 billion won (US$626 million), according to the company on May 21. The company will se...
[ THE INVESTOR ] E-mart unveiled its first Boots store at its Starfield Hanam shopping complex on May 19, throwing down the gauntlet in the 1.2 trillion won (US$1.06 billion) health and beauty in...
[ THE INVESTOR ] Korean skin care brand Dr. Jart+, best known for its hot-selling BB cream, is planning to add 10 new outlets in China this year, dismissing any serious impact from the current THA...
[ THE INVESTOR ] Lotte Group Chairman Shin Dong-bin has been awarded a royal medal by the King of Spain for his contributions to the enrichment of bilateral trades, Lotte said on May 19. Shin wa...
[ THE INVESTOR ] Retailers are struggling with weak sales amid unfavorable market conditions, industry data showed on May 19. According to the sales tally, April’s numbers by major department stor...
[ THE INVESTOR ] The tobacco industry is gearing up for a battle to capture the market for smoke-free alternatives to traditional cigarettes. Marlboro maker Philip Morris made the first move on Ma...
[ THE INVESTOR ] Local egg prices are rising again with the country yet to stabilize the market following the latest outbreak of bird flu, officials said on May 18. The Korea Agro-Fisheries & Food...
[ THE INVESTOR ] Big retailers in Korea are cautiously watching the new Moon Jae-in administration, with many anticipating more restrictions in the operations of large-scale outlets. On the campa...
[ THE INVESTOR ] CJ Group Chairman Lee Jae-hyun pledged to bolster efforts for growth on May 17 as he declared his return to management after a four-year absence. “Due to my absence, there has b...
[ THE INVESTOR ] Korean content companies have exported US$51 million worth of TV programs and broadcasting formats in this year’s international media trade fairs in France and Hong Kong, the gover...
[ THE INVESTOR ] Retail giant Shinsegae has decided to indefinitely delay its planned project to build a department store in Bucheon, adjacent to Seoul, according to the company on May 15. The c...
[THE INVESTOR] Korean massage chair firm Bodyfriend signed a license contract with Lamborghini on May 11 and will launch a collaborative version in 2018. The 10-year-old company has been wooing the ...
This week's DECODED X
Samsung sends out invites for Galaxy Note 8 Unpacked
Abu Dhabi SWF invests in Nexen Tire
All you need to know about Samsung's Galaxy Note 8
Mercedes-Benz to haul diesel cars off Korean roads
Coway teams up with Amazon for hi-tech water purifier
Coupang wins lawsuit on Rocket Delivery
Samsung launches English version of Bixby in US, Korea
