top-tier brand
Scope
Date
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Beauty & Cosmetics
S.Korea's NHN Commerce acquires domestic cosmetics brand WLab
South Korea's major online company NHN Corp.'s online shopping platform NHN Commerce announced on Tuesday that it has acquired domestic cosmetics br...
Apr 11, 2023 (Gmt+09:00)
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Machinery
HD Hyundai Infracore targets Middle East and African markets with new brand Develon
HD Hyundai Infracore (formerly Hyundai Doosan Infracore Co.), a South Korean construction equipment maker, has ventured into the Middle East and Afr...
Apr 11, 2023 (Gmt+09:00)
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Automobiles
Hyundai to spend $18 bn on EVs; Kia breaks ground on first PBV plant
South Korea’s largest automaker Hyundai Motor Group has unveiled its 2030 vision to become one of the world’s top three electric vehicle...
Apr 11, 2023 (Gmt+09:00)
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The KED View
What’s the next K-sensation after rise of 60-year-old K-ramen?
It was not easy for latecomer Samyang Foods Co. to come up with a recipe for its own instant ramen noodle 60 years ago when Japanese rival Nissin ...
Apr 11, 2023 (Gmt+09:00)
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Retail
Chanel watches make world's 1st online debut in Korea
Chanel watches have made their online debut through South Korea's leading platform SSG.COM, becoming the French brand’s first launch of fashio...
Apr 10, 2023 (Gmt+09:00)
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Leadership & Management
LG tops in market cap gain, beating Samsung, SK, Hyundai Motor
The total market value of companies under South Korea’s fourth-largest business group LG increased the most in a year, beating out its bigger ...
Apr 10, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire's iON evo tops Auto Bild's electric car tire test
Korean tire manufacturer Hankook Tire & Technology announced on Friday that its electric vehicle-dedicated high-performance tire, the iON evo, h...
Apr 07, 2023 (Gmt+09:00)
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Retail
S.Korea's Musinsa promotes domestic fashion brands in Tokyo
South Korea's e-commerce fashion platform Musinsa announced on Friday that it opens a K-fashion brand pop-up store in Tokyo's Harajuku until April 1...
Apr 07, 2023 (Gmt+09:00)
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Korean food
Paris Baguette to showcase at London Franchise Show 2023
Paris Baguette, the bakery franchise owned by South Korea's SPC Group, said on Friday that it will participate in the London International Franchise...
Apr 07, 2023 (Gmt+09:00)
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Automobiles
Hyundai’s Chung urges US operations to double down after record Q1
Hyundai Motor Group Chairman Chung Euisun on Tuesday urged its US operations to work harder after its two automaking units, Hyundai Motor Co. and Ki...
Apr 04, 2023 (Gmt+09:00)
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K-pop
BTS' Jimin tops US Billboard singles chart with 1st solo release
Jimin of K-pop sensation BTS is the first South Korean solo act to hit No. 1 on Billboard's main singles chart Hot 100.The American music and entert...
Apr 04, 2023 (Gmt+09:00)
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Automobiles
Hyundai Motor to emerge as Korea’s highest earner, beating Samsung
Hyundai Motor Co. will likely emerge as South Korea’s top profit maker in the first quarter, driven by robust sales of pricey cars, pushing pa...
Apr 03, 2023 (Gmt+09:00)
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Batteries
LG Energy tops global EV battery market excluding China
South Korea's LG Energy Solution Ltd. in January and February maintained its No. 1 position on the global market for electric vehicle (EV) batteries...
Apr 03, 2023 (Gmt+09:00)
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Retail
Louis Vuitton to launch the third pop-up restaurant in S.Korea
The French luxury brand Louis Vuitton to open a pop-up restaurant in South Korea. This is the third one since May and September last year. Acco...
Apr 03, 2023 (Gmt+09:00)
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Electronics
LG Electronics' OLED Flex wins top Red Dot Design Award
LG Electronics Inc., said on Sunday that it has won a total of 24 awards at the prestigious "Red Dot Design Award." Among the accolades, LG El...
Apr 03, 2023 (Gmt+09:00)
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Retail
Top Korean food delivery app posts record profits
Woowa Brothers Corp., the operator of South Korea’s top food delivery app, posted a record profit in 2022, which also marked its first profit ...
Mar 31, 2023 (Gmt+09:00)
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Korean food
US set to emerge as top global buyer of Korean kimchi: Daesang
South Korean kimchi exports to the US have soared since the pandemic as local distribution channels expanded and cooking at home increased, accordin...
Mar 28, 2023 (Gmt+09:00)
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Fiber & Textile
S.Korean fashion company LF diversifies portfolio with new brand Patou
In a move to expand its range of offerings, South Korean fashion company LF Corp. has introduced a new emerging brand, Patou. As the preferences of ...
Mar 28, 2023 (Gmt+09:00)
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Energy
SK Energy wins first place in K-BPI gas station sector in Korea
SK Energy, an energy and petrochemical unit of South Korea's SK Group, has won first place for 17 consecutive years in the gas station sector of the...
Mar 27, 2023 (Gmt+09:00)
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Machinery
Doosan Bobcat participates in US logistics exhibition under Bobcat brand
Doosan Bobcat, a South Korean manufacturer of construction equipment, announced on Friday that it participated in the ProMat 2023 trade show for sup...
Mar 24, 2023 (Gmt+09:00)
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Fiber & Textile
Cowell Fashion acquires Superdry’s Asia-Pacific IP rights for $50 mn
South Korea's innerwear company Cowell Fashion Co. has acquired the Asian rights to the British fashion brand Superdry for $50 million and plans to ...
Mar 24, 2023 (Gmt+09:00)
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Korean food
Goobne Chicken signs franchise contract with Texas-based company
Goobne Chicken, an oven-baked chicken brand operated by GN Food Corporation of South Korea, announced on Thursday that it had signed a master franch...
Mar 23, 2023 (Gmt+09:00)
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Korean food
Paris Baguette expands to Canada with first store in Toronto
SPC, the South Korean food and beverage conglomerate, announced the opening of the first Paris Baguette store in Toronto, Canada, on March 23. The m...
Mar 23, 2023 (Gmt+09:00)
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Automobiles
Hankook Tire supplies tires to BMW Driving Center for 9 consecutive years
Hankook Tire & Technology, a tire manufacturer based in South Korea, announced on Wednesday its exclusive partnership with BMW Driving Center's ...
Mar 23, 2023 (Gmt+09:00)
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Shipping & Shipbuilding
Hyundai Heavy tops global 2-stroke engine production
South Korea’s Hyundai Heavy Industries Co. became the world’s first shipbuilder to have marked 200 million brake horsepower (bhp) in cum...
Mar 22, 2023 (Gmt+09:00)
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Machinery
Hyundai Doosan Infracore wins Italian innovation award
Hyundai Doosan Infracore Co., a construction machinery subsidiary of HD Hyundai Group, announced on Tuesday that its 14-ton hybrid electric wheel ex...
Mar 22, 2023 (Gmt+09:00)
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Food & Beverage
S.Korea's brewery Seoul Jangsu forms marketing tie-up with fashion industry
With South Korea's traditional milky rice wine makgeolli seeing its second heyday centered on the 20- and 30-something crowds, marketing tie-ups tar...
Mar 21, 2023 (Gmt+09:00)
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Aerospace & Defense
Startup Innospace launches Korea’s first private projectile
South Korean space startup Innospace said on Monday it has launched a suborbital test projectile, the country’s first private launch vehicle, ...
Mar 20, 2023 (Gmt+09:00)
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Corporate restructuring
HD Hyundai to rename subsidiaries to boost brand identity
HD Hyundai Co., a South Korean conglomerate that operates in shipbuilding, construction equipment, oil refining and other sectors, plans to rename i...
Mar 20, 2023 (Gmt+09:00)
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Mergers & Acquisitions
MBK to acquire Korea’s top FCCL maker NexFlex for $407 mn
MBK Partners agreed to buy NexFlex Co., South Korea’s top flexible copper-clad laminates (FCCL) producer, as the leading Northeast Asian priva...
Mar 17, 2023 (Gmt+09:00)
Latest News
- 1 Coupang bids for Korean luxury market dominance with Farfetch
- 2 Hyundai Rotem set to finalize $6 bn K2 tank order from Poland
- 3 Lee Jae-myung to meet with top business leaders this week ahead of G7 summit
- 4 Korea to allow non-profits to buy bad consumer loans
- 5 LG to drive future growth in emerging markets with battery prowess