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[ THE INVESTOR ] Cash-strapped retail giant E-Land Group plans to sell two of its hotels and a ski resort in Korea in an effort to secure cash before setting up a holding firm, the Korea Economic D...
[THE INVESTOR] The Fair Trade Commission on Aug. 7 said that Harim Group, a leading livestock and animal feed maker, is under investigation for allegedly fixing prices of chicken meat with other sup...
[THE INVESTOR] SM Entertainment is no mood to give up its popular celebrity shop brand SUM over a trademark dispute with LG Household and Health Care ’s cosmetics brand su:m. “We will appeal the ...
[THE INVESTOR] British American Tobacco is to roll out its own tobacco heating device in mid-August to compete in the Korean vaping market, where demands for such devices are increasing. BAT Korea ...
[ THE INVESTOR ] French luxury goods conglomerate LVMH is likely to back out from funding Seoul-based Gentle Monster as other investors are willing to pour in larger sums in the sunglass and eyewea...
[THE INVESTOR] The Fair Trade Commission has recently started probing Daiso A-Sung, best known for its household item chain brand Daiso, following allegations of unfair treatment of suppliers, indus...
[ THE INVESTOR ] Subsidiaries of Lotte Group saw their earnings tumble in the second quarter, data showed on Aug. 3, hit by China’s retaliation over Seoul’s decision to deploy THAAD. In early Ma...
[ THE INVESTOR ] Revenue from taxes levied on cigarettes is forecast to reach 3 trillion won (US$2.8 billion), government data showed on Aug. 2. Starting in January 2015, Korea jacked up the price...
[THE INVESTOR] LG Household and Health Care on July 30 won a trademark lawsuit against SM Entertainment for using a brand name that is close to its own cosmetics brand. A Seoul court ruled that SM ...
[ THE INVESTOR ] Lotte Duty Free, said on Aug. 1 that it has pulled out of an airport in the capital city of Indonesia last month,. Lotte’s duty-free store in Jakarta International Airport closed ...
[THE INVESTOR] Shinsegae Group has appointed a star blogger as chief manager of its new business hotel scheduled to open in June next year, according to the Maeil Business News on July 31. The blo...
[THE INVESTOR] The Fair Trade Commission plans to investigate cosmetics giant Amorepacific for unfair treatment of franchisee owners of its retail shop Aritaum, according to news reports on July 2...
[ THE INVESTOR ] KT&G said on July 27 that its second-quarter net profit fell 3.8 percent from a year ago. Net profit came to 274.7 billion won (US$247 million) on a consolidated basis in the Apri...
[ THE INVESTOR ] A pregnant Korean customer has alleged that she was served a fruit beverage that included plastic pieces at a Starbucks outlet which almost forced her to get an abortion. She post...
[ THE INVESTOR ] Sales of traditional Korean distilled liquor soju has soared steadily in recent years amid the protracted economic slump, industry sources said on July 26. Sales of Hite Jinro ‘...
[ITU BUSAN] Global leaders vow united efforts to address ICT issues
[DECODED X] Chip off the shoulder
France’s Brandt joins race to acquire Dongbu Daewoo
[BEHIND THE WHEEL] Genesis G70, a well-packed sports sedan
[INTERVIEW] Line seeks rebirth as Asia’s prime consumer platform: CTO
CJ keen to acquire Vietnam’s Gemadept
Hyundai Kona EV to debut at Geneva Motor Show next year
Germany’s Delivery Hero acquires FoodFly
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