Lotte Hotels & Resorts to launch premium kimchi product

Lotte Hotels & Resorts to launch premium kimchi product

Lotte Hotels & Resorts, a leading South Korean hospitality company, announced on Thursday its intention to penetrate the domestic kimchi market,...

Lotte Chemical posts fifth straight quarterly operating loss in Q2

Lotte Chemical posts fifth straight quarterly operating loss in Q2

 South Korea’s Lotte Chemical Corp. has posted an operating loss for a fifth straight quarter due to sluggish petrochemical demand.The co...

Korean swimwear Barrel posts profit in post-pandemic surfing boom

Korean swimwear Barrel posts profit in post-pandemic surfing boom

South Korea’s leading swimwear maker Barrel is stepping up its profitability after losses during COVID-19 as its new owner has saved costs thr...

Lotte Energy ups elecfoil factory capacity in Spain to 30,000 tons  

Lotte Energy ups elecfoil factory capacity in Spain to 30,000 tons  

Lotte Energy Materials Corp., formerly Iljin Materials Co., will build a smart factory in Catalonia, Spain to produce 30,000 tons of high-end copper...

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

S.Korea's Lotte Department Store launches 'K-Beauty' tour service

South Korea's Lotte Department Store on Monday announced the launch of a "K-Beauty tour" service for foreign tourists.The company will first give fr...

Virtual human Lucy to sell Galaxy Z in live commerce

Virtual human Lucy to sell Galaxy Z  in live commerce

Lotte Home Shopping's virtual human Lucy expands her activities by selling The Galaxy Z Flip 5 and "Z Fold 5" on live commerce, following her attend...

GS25 cuts prices amid controversy over World Scout Jamboree branch

GS25 cuts prices amid controversy over World Scout Jamboree branch

South Korea's convenience store chain GS25, which has a makeshift branch for the 25th World Scout Jamboree in Saemangeum, an estuarine tidal flat in...

Heads of S.Korea's chicken chains promoting expansion abroad

Heads of S.Korea's chicken chains promoting expansion abroad

The CEOs of South Korea's top three fried chicken franchises are promoting their brands overseas based on the judgement that growth will stagnate if...

Lotte Tour's Jeju Island casino hits record revenue in July

Lotte Tour's Jeju Island casino hits record revenue in July

South Korea’s Lotte Tour Development's Jeju-based casino saw record revenue in July thanks to an increased number of foreign tourists to the c...

HD Hyundai Infracore opens online excavator store

HD Hyundai Infracore opens online excavator store

South Korea's HD Hyundai Infracore Co. announced on Thursday that it has opened the first "Develon Online Store," an excavator online mall in the co...

GS25 becomes No. 1 convenience store chain in southern Vietnam

GS25 becomes No. 1 convenience store chain in southern Vietnam

South Korean convenience store chain GS25 announced on Thursday that it has become the top operator in southern Vietnam, surpassing rivals US' Circl...

APR’s fashion brand Nerdy opens two more stores in Vietnam

APR’s fashion brand Nerdy opens two more stores in Vietnam

South Korea's cosmetic and clothing company APR announced on Wednesday that its street style fashion brand Nerdy opened its third and fourth stores ...

S.Korea sees fever for luxury goods wane in post-COVID-19 era

S.Korea sees fever for luxury goods wane in post-COVID-19 era

South Korea is seeing a gradual decline in the open run, or the practice of customers standing in line before a brand's opening at a department stor...

IMM PE seeks to sell Korean contract drugmaker at $784 mn

IMM PE seeks to sell Korean contract drugmaker at $784 mn

IMM Private Equity has put a South Korean contract drugmaker on the market for up to 1 trillion won ($784 million) in a deal likely to attract major...

Dior opens 2023 FW pop-up store in Galleria

Dior opens 2023 FW pop-up store in Galleria

South Korea’s Galleria Department Store has opened the first domestic Dior FW (fall/winter) collection pop-up store.The company on Sunday said...

Lotte to open Vietnam's largest shopping mall in Hanoi

Lotte to open Vietnam's largest shopping mall in Hanoi

Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, announced plans on Thursday to inaugurate its extensive ...

S.Korea’s men’s fashion platform Deps launches offline store

S.Korea’s men’s fashion platform Deps launches offline store

Deps, a men’s fashion platform launched by South Korean fashion brand incubator Hago L&F, is accelerating its market offensive through the...

Lotte's virtual human Lucy to debut in Thailand

Lotte's virtual human Lucy to debut in Thailand

South Korea's Lotte Home Shopping unveiled a plan on Wednesday to introduce its virtual influencer, Lucy, to Southeast Asia's burgeoning live commer...

Korean convenience stores threaten Japanese rivals’ empire

Korean convenience stores threaten Japanese rivals’ empire

South Korea’s convenience store chains aim to seize the throne from Japanese rivals in Asia by utilizing K-pop and food as they look for new g...

Lotte Group's Shin stresses unlearning as key to innovation

Lotte Group's Shin stresses unlearning as key to innovation

Disregarding existing ways and being open to new opportunities are challenging in South Korea’s large conglomerates, where a strict corporate ...

Lotte Chemical, DL Energy team up to produce renewable energy

Lotte Chemical, DL Energy team up to produce renewable energy

South Korea’s Lotte Chemical Corp. and DL Energy have joined forces to spread carbon neutrality and environmental, social and governance (ESG)...

EcoPro, Hanwha Ocean, JYP among top MSCI inclusion candidates

EcoPro, Hanwha Ocean, JYP among top MSCI inclusion candidates

EcoPro Co., Hanwha Ocean Co., JYP Entertainment Corp. and Kumyang Co. are the top candidates for inclusion in the MSCI Korea Index when the global s...

Lotte Materials invests in French silicon cathode materials startup

Lotte Materials invests in French silicon cathode materials startup

Lotte Energy Materials Corp., formerly Iljin Materials and now a copper foil manufacturing subsidiary of South Korea's Lotte Chemical Corp., on Sund...

Lotte Department Store opens Louis Vuitton’s Take Over pop-up store

Lotte Department Store opens Louis Vuitton’s Take Over pop-up store

South Korea's Lotte Department Store announced on Friday that it operates a Louis Vuitton pop-up store in The Crown, located on the basement first...

Lotte Duty Free opens store at Australia's Melbourne Airport

Lotte Duty Free opens store at Australia's Melbourne Airport

South Korea's Lotte Duty Free announced on Thursday that it is opening a new store at Melbourne Airport in Australia and entering full-scale opera...

Kia opens e-sports pop-up store Earth 6A3

Kia opens e-sports pop-up store Earth 6A3

Kia Corp. said on Thursday that it has officially launched its pop-up store of e-sports "Earth 6A3" in Seongsu-dong, Seoul.  With a primar...

Dior to open Tears capsule collection pop-up store in Seoul

Dior to open Tears capsule collection pop-up store in Seoul

Dior will open a pop-up store in Seoul's Seongsu-dong to commemorate the launch of the "Dior Tears capsule collection."This collection was created t...

S.Korea's E-mart24 opens 3rd branch in Singapore

S.Korea's E-mart24 opens 3rd branch in Singapore

South Korea’s convenience store chain E-mart24 has opened its third store in Singapore featuring the city-state's hawker culture, aiming for l...

Lotte Energy Materials aspires to become copper foil leader: CEO

Lotte Energy Materials aspires to become copper foil leader: CEO

South Korea’s Lotte Energy Materials Corp. said on Tuesday that growing demand for reasonably priced electric vehicles will expand the market ...

Naver Webtoon promotes K-ramen in Bangkok via pop-up store

Naver Webtoon promotes K-ramen in Bangkok via pop-up store

South Korea's Naver Webtoon, along with major domestic players in the food industry, on Tuesday said it joined in Bangkok, Thailand, Boggle Boggle K...

Hanwha Systems to compete with LIG Nex1 for Korean version of Iron Dome NH, KB Securities, Kookmin Bank, Kim & Chang lead capital markets in H1 From G-Dragon to Ibuki: Dongmyo emerges as global fashion hotspot Hyundai helps Korean economy most with $265 bn contribution South Korea issues €1.4 billion in largest-ever euro bond sale