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[THE INVESTOR] Retail group Shinsegae has decided to pull its chain of discount supermarkets from China, according to the group’s vice chairman on May 31. At a job fair held by Shinsegae Group at ...
[ THE INVESTOR ] Duty-free operators preparing to open new stores in Korea this year will likely put off their plans as the industry is struggling with falling tourists amid the THAAD row with Chin...
[ THE INVESTOR ] North Korean cosmetics still have a long way to catch up with its South Korean peer products despite its leader Kim Jong-un’s interest in the industry, according to a top expert on...
[ THE INVESTOR ] Amorepacific plans to enter France with its Oriental beauty range Sulwhasoo, 22 years after it pulled out of the country, it announced on May 25. Sulwhasoo flagship store in Seo...
[ THE INVESTOR ] Hotel Shilla will spend 186.5 billion won (US$166.74 million) for its duty-free store that is scheduled to open at Hong Kong International Airport in December. Shilla duty-free ...
[ THE INVESTOR ] Coupang, the nation’s No. 1 e-commerce company, has decided to revise the controversial incentive system for its delivery workers, called Coupang Men, amid growing complaints over...
[ THE INVESTOR ] Despite its entry in Korea five years ago, when it targeted annual revenue of 800 billion won (US$710.29 million) while unveiling its flagship store in Seoul, US-based sports and a...
[ THE INVESTOR ] Leading retailers are planning more hiring this year in step with the new government’s emphasis on jobs, industry watchers said on May 24. Lotte Group, which owns a chain of depar...
[ THE INVESTOR ] Korean businesses are moving to convert contract workers into full-time regular workers, with SK Broadband becoming the first private firm to join President Moon Jae-in’s initia...
[ 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...
This week's DECODED X
Apple to invest W3tr in LG’s OLED production
Samsung expected to continue record-breaking profit in Q3
Google mulls W600b funding for LG’s VR display chip
Kakao Bank bags over 300,000 accounts on 1st day
Kia sets up India unit ahead of debut
Amorepacific under FTC lens for unfair practices
Meritz Securities hires exec in 30s from Goldman Sachs
