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[THE INVESTOR] The investment arm of Korea’s leading entertainment powerhouses YG Entertainment has invested 4 billion won (US$3.52 million) in apparel firm M Corset, according to sources on Oct. 23...
[THE INVESTOR] Korean duty free shops saw their sales reach an all-time high in the January-September period of this year despite a drop in the number of Chinese tourists, data showed on Oct. 22. ...
[THE INVESTOR] Starbucks Korea announced on Oct. 22 that it will start cashless operations at 403 outlets here, adding 300 more to the current 103 such stores. In April, the company started test ru...
[THE INVESTOR] A consortium led by Mirae Asset Global Investments, Korea’s largest asset management firm, has failed to sell a majority stake in Coffee Bean & Tea Leaf, according to industry sources...
[THE INVESTOR] A local court on Oct. 19 decided to place Korean cosmetics maker SKINFOOD under court receivership. The ruling came after SKINFOOD filed for court receivership on Oct. 8 due to huge ...
[THE INVESTOR] SK Networks, the nation’s second largest car rental provider, on Oct. 19 denied news reports that it plans to acquire water purifier company Coway. “We have never considered acquirin...
[THE INVESTOR] Korea’s cosmetics giant Amorepacific Group said on Oct. 19 it has launched one of its brands in Australia and New Zealand as the company moves to expand its presence in the overseas m...
[THE INVESTOR] Big Hit Entertainment said on Oct. 18 that seven-member K-pop boy band BTS that is making waves globally has renewed its contract. “We signed a seven-year contract with BTS based on ...
[THE INVESTOR] Korean cosmetics maker SKINFOOD said on Oct. 18 that four of its franchisees have filed a lawsuit against it for seeking court receivership. “We are currently having talks with our f...
[THE INVESTOR] Ediya Coffee announced on Oct. 17 that it aims to open a premium store in Beijing, China, next year, a decade after it shut operations there. The Korean coffee franchise entered the ...
[THE INVESTOR] SKINFOOD has decided to shut down its outlets at major hypermarket chains in Korea, industry sources said on Oct. 16. Although SKINFOOD declined to confirm the news, it has reportedl...
[THE INVESTOR] CJ CGV Vietnam Holdings has decided to delay its plans to be listed on the main KOSPI bourse, according to industry sources on Oct. 15. The firm had originally planned to start the d...
[THE INVESTOR] The harmful effects of heat-not-burn cigarettes over regular ones continue to confuse consumers here with government agencies and tobacco makers giving conflicting versions. The gove...
[THE INVESTOR] SKINFOOD announced on Oct. 8 that it has filed for court receivership due to its mounting losses. “Although we are having some difficulty in securing liquidity due to excessive debt,...
[THE INVESTOR] Chanel Korea announced on Oct. 4 that it has started its official online platform for cosmetics. According to the local branch of the French luxury giant, special services including ...
Korean startup guru urges healthier VC-backed exit market
Bithumb, Yeogi Eottae, HanaTour indicted for data leak
Woori Financial to set up VC unit this year
Samsung Galaxy Fold is now ready for launch: Samsung Display exec
KTB Securities Thailand seeks listing on solid profits
S.M. Entertainment pressed to answer activist shareholder’s demands
Goldman Sachs lowers growth forecast for S. Korea, expects two rates cuts
SK hynix’s new China plant to stay idle over Huawei fallout
June 21, 2019
