Lotte Shopping
Scope
Date
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Fashion
Korean shopping mecca Dongdaemun Market's vacancy rates soar
Store vacancy rates in South Korea’s largest shopping mecca Dongdaemun Market have soared to as high as 86%, with Chinese e-commerce platfor...
May 31, 2024 (Gmt+09:00)
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Food & Beverage
Lotte's sugar-free soju Saero to enter European market
South Korea's Lotte Chilsung Beverage Co. is poised to introduce its zero-sugar soju Saero to the European market next month, aiming to expand its g...
May 30, 2024 (Gmt+09:00)
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Travel & Leisure
Lotte Tour launches premium travel brand High&
Lotte Tour Development Co. announced on Tuesday that it launched the brand High& for high-quality premium package travel products.High& is a...
May 28, 2024 (Gmt+09:00)
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Travel & Leisure
Hotel Lotte resumes global push with management deals
Hotel Lotte Co., South Korea’s leading hospitality, leisure and travel retail giant, has resumed its global expansion push after its hotel and...
May 21, 2024 (Gmt+09:00)
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Korean food
Lotte Wellfood, Studio Dragon to collaborate on K-contents
South Korea's Lotte Wellfood Co. announced on Friday that it signed a memorandum of understanding (MOU) with K-drama producer Studio Dragon to col...
May 17, 2024 (Gmt+09:00)
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Logistics
Lotte Global Logistics, KOBC to partner for global logistics
South Korea's Lotte Global Logistics announced on Monday that it signed a memorandum of understanding (MOU) with the Korea Ocean Business Corporatio...
May 13, 2024 (Gmt+09:00)
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Travel & Leisure
Lotte Tour's Jeju Island casino triples revenue
Jeju Dream Tower Casino, located on South Korea's top tourist island of Jeju and run by Lotte Tour Development Co., surpassed $6 million in cumula...
May 03, 2024 (Gmt+09:00)
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Banking & Finance
S.Korea’s Lotte Card injects $68 mn into Vietnamese unit
Lotte Card Co., South Korea’s No. 5 credit card issuer, has injected $68 million into its Vietnamese unit to expand its business in the Southe...
May 02, 2024 (Gmt+09:00)
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E-commerce
MBK to delist Korean e-commerce Connectwave after tender offer
MBK Partners, one of the largest Asian private equity firms, is set to delist South Korea’s leading e-commerce operator Connectwave Co. from t...
Apr 29, 2024 (Gmt+09:00)
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Shipping & Shipbuilding
Lotte Global Logistics partners with CMA CGM
South Korea's Lotte Global Logistics announced on Monday that it partnered with the France-based world's third-largest shipping company CMA CGM.&nbs...
Apr 29, 2024 (Gmt+09:00)
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Retail
Korea’s Lotte sells Lotte Glory Properties Shenyang amid US-China dispute
South Korea’s retail giant Lotte Group has signed a deal to sell a theme park project in Shenyang, China – its latest move to pull out o...
Apr 26, 2024 (Gmt+09:00)
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Logistics
Lotte Global Logistics, Megvii to collaborate AI logistics
South Korea's Lotte Global Logistics announced on Thursday that it signed a memorandum of understanding (MOU) with Megvii Technology, a Chinese arti...
Apr 25, 2024 (Gmt+09:00)
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Insurance
Korea's Lotte Insurance put on market for around $1.5 bn
Lotte Group’s non-life insurance affiliate Lotte Insurance Co., has been put up for sale at around 2 trillion won ($1.5 billion), according to...
Apr 23, 2024 (Gmt+09:00)
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Entertainment
Korean theme parks recover to near pre-pandemic levels
Everland and Lotte World, South Korea’s two largest theme parks, posted their highest-ever profits in 2023, recovering from the COVID-19 pande...
Apr 22, 2024 (Gmt+09:00)
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Retail
Lotte Dept. Store introduces AI translation service
South Korea's Lotte Department Store announced on Monday that it introduced an artificial intelligence (AI) interpretation service for foreign touri...
Apr 22, 2024 (Gmt+09:00)
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Food & Beverage
Pepero enters Thailand’s King Power Duty Free
South Korea's Lotte Wellfood Co. announced on Friday that its thin chocolate-coated cookie sticks Pepero and no-sugar ice cream Zero entered King Po...
Apr 19, 2024 (Gmt+09:00)
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Travel & Leisure
Lotte Home Shopping expands Japan tour packages
South Korea's Lotte Home Shopping said on Tuesday that it will expand its range of travel packages to Japan, including trips to Kyushu and Okinawa, ...
Apr 16, 2024 (Gmt+09:00)
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Automobiles
Lotte Rental launches driver-inclusive rental service in Vietnam
Lotte Rental Co., South Korea's largest car rental firm, announced on Monday that it has launched a "Vietnam Driver-inclusive Rental Car."The servic...
Apr 15, 2024 (Gmt+09:00)
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Artificial intelligence
Lotte Innovate, Kolon Benit to cooperate on AI Solutions
South Korea’s Lotte Innovate (formerly, Lotte Data Communication Co. ) announced that it signed a memorandum of understanding (MOU) with Kolon...
Apr 15, 2024 (Gmt+09:00)
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Retail
Korea leads global online shopping trend for used luxury goods
South Koreans are leading the trend of buying used luxury goods online with top-end products such as Rolex watches and Hermes bags among the hottest...
Apr 09, 2024 (Gmt+09:00)
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Retail
Lotte Home Shopping opens Bellygom pop-up in Myeongdong
South Korea's Lotte Home Shopping announced on Monday that it will open a Bellygom pop-up store at Lotte Duty Free's showroom Now in Myeongdong unti...
Apr 08, 2024 (Gmt+09:00)
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Beauty & Cosmetics
Aekyung AGE20's to launch cushion foundation in Japan
AGE20's, South Korean cosmetic company Aekyung Industrial Co. 's flagship cosmetic brand, announced that it held a new cushion foundation for a Japa...
Apr 08, 2024 (Gmt+09:00)
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Food & Beverage
Hollys Coffee goes to Japan as Korean franchises turn gaze abroad
Hollys Coffee, a unit of South Korea’s KG Group, is opening its first overseas outlet in Osaka, Japan, riding on the popularity of Korean cult...
Apr 02, 2024 (Gmt+09:00)
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Retail
Lotte Duty Free rebrands LDF House to Now in Myeong-dong
South Korea’s Lotte Duty Free announced on Tuesday that it changed its duty-free showroom LDF House, which was opened last October in Myeong...
Apr 02, 2024 (Gmt+09:00)
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Retail
Hyundai Department launches Korean brands' global platform
Hyundai Department Store Co., South Korea’s major retail conglomerate, has launched “The Hyundai Global” platform dedicated to pro...
Apr 01, 2024 (Gmt+09:00)
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Automobiles
Hyundai Motor opens N brand tuning online shop
Hyundai Motor Co. announced on Friday that it opened an online shop for its high-performance car N brand's tuning, The N Performance Shop. The ...
Mar 29, 2024 (Gmt+09:00)
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Chemical Industry
Lotte Chemical applies recycled plastic to packaging
South Korea's Lotte Chemical announced on Thursday that it has applied recycled materials to all 25 kg packaging bags for polyethylene (PE) and poly...
Mar 28, 2024 (Gmt+09:00)
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Corporate governance
Lotte Group to give more authority to outside directors
Food-to-retail conglomerate Lotte will expand the authority of outside directors by separating the roles of chief executives and board chairs at its...
Mar 20, 2024 (Gmt+09:00)
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Retail
Lotte brings Louis Vuitton diamond collection to S.Korea
South Korea's Lotte Department Store announced that it launched Louis Vuitton's LV Diamond Collection on Mar. 14 at Lotte World Tower Avenuel Jamsil...
Mar 15, 2024 (Gmt+09:00)
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Retail
Duty-free shops at Incheon International Airport eager to lure boutiques
Duty-free shops at Incheon International Airport, South Korea’s main gateway, are fiercely competing to lure luxury brand boutiques to their o...
Mar 07, 2024 (Gmt+09:00)
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