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[ THE INVESTOR ] Korea’s largest tobacco maker KT&G said it will increase the price of Fiit, a tobacco product exclusively designed for its heat-not-burn device Lil, from next week. Fiit, a tobacc...
[ THE INVESTOR ] LG Household & Health Care’s royal-themed cosmetics brand Whoo achieved sales of 1.42 trillion won ($1.3 billion) last year, following its continued popularity in China and Southea...
[THE INVESTOR] Lotte Duty Free posted positive earnings last year at its outlet in Da Nang International Airport, which opened in May 2017, the company said on Jan. 8, while declining to disclose th...
[THE INVESTOR] E-Land Group’s funding plans of 1 trillion won (US$942 million) have failed to meet the year-end deadline, after key investor Meritz Securities decided not to join the scheme at the l...
[ THE INVESTOR ] Osulloc Tea House, a brand under Korean cosmetics powerhouse Amorepacific, opened on Jan. 4 the premium tea room Osulloc 1979 and a new branch in the company’s new headquarters in ...
[THE INVESTOR] San Francisco-based bakeshop Tartine Bakery will open its first flagship store in Hannam-dong, Seoul, on Jan. 28, according to industry sources on Jan. 4. This marks the first overse...
[ THE INVESTOR ] Chanel is poised to make a comeback at Incheon Airport – in the new Terminal 2 that will open later this month -- nearly three years after its exit in May 2015, according to indust...
[ THE INVESTOR ] South Korea‘s largest retailers are looking to incorporate digital technology into their shopping experiences, inject storytelling elements into their content and expand overseas i...
[ THE INVESTOR ] South Korean retail giant Lotte’s negotiations over the sale of its hypermarket chain in China fell through, industry sources said on Jan. 3. In September, the business group anno...
[THE INVESTOR] GS Retail announced on Dec. 29 that it will be opening a GS25 convenience store in Vietnam next month, the first by a Korean firm. The store will be located in Ho Chi Minh City and is...
[THE INVESTOR] Retail sales in Korea increased by 9.4 percent in November from a year earlier, government data showed Dec. 29. The combined sales of 26 online and offline retailers stood at 10.6...
[ THE INVESTOR ] South Korea’s Ministry of Food and Drug Safety on Dec. 28 concluded that the level of chemical substances found in sanitary pads sold here are not hazardous to the human body. The...
[THE INVESTOR] CJ Foodville on Dec. 28 announced that it has opened a Tour Les Jours outlet at Ngurah Rai International Airport on Indonesia’s resort Island Bali. This is CJ Foodville’s third such ...
[THE INVESTOR] The Ministry of Food and Drug Safety on Dec. 27 announced its main policy changes regarding consumer safety for the upcoming year including stricter regulations for ingredient labelin...
[THE INVESTOR] LOTTE Members, an operator of membership reward service L.POINT, announced on Dec. 26 that it has signed a memorandum of understanding with VNPT VinaPhone on Dec. 21. VNPT VinaPhone ...
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
