lotte k-beauty
Scope
Date
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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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Bio & Pharma
HK inno.N to release K-CAB in MENA market
South Korean bio-health company HK inno.N announced on Tuesday that it signed a contract with Saudi Arabian local pharmaceutical company Tabuk Pharm...
Apr 23, 2024 (Gmt+09:00)
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Korean food
CJ CheilJedang's K-style rice gains popularity in N.America
South Korea’s CJ CheilJedang Corp. said on Tuesday that its sales of the flagship brand Bibigo’s Cooked Sticky White Rice in North Ameri...
Apr 23, 2024 (Gmt+09:00)
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K-pop
HYBE to fire NewJeans agency CEO; Min refutes accusation
HYBE Co. is seeking to sack Min Hee-jin, the chief of ADOR, its label behind globally popular girl group NewJeans, as it investigates allegations th...
Apr 22, 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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Entertainment
Kakao Entertainment, Billboard to collaborate for K-pop
South Korea's Kakao Entertainment Corp., a unit of mobile platform giant Kakao Corp., partnered with the renowned US music magazine Billboard on W...
Apr 18, 2024 (Gmt+09:00)
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Construction & Planning
S.Korean gov’t selects six overseas cities for K-City Network
The South Korean Ministry of Land, Infrastructure and Transport announced on Wednesday that it selected six cities including Indonesia's Jakarta, Vi...
Apr 17, 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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Beauty & Cosmetics
Manyo’s Pure Cleansing Oil to hit US Costco shelves in July
South Korea’s naturalism cosmetics company Manyo Co. has hit the jackpot in a deal to supply its best-selling face cleansing product, Pure Cle...
Apr 12, 2024 (Gmt+09:00)
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K-pop
K-pop giants poised for rebound with new fandom, rookies
K-pop companies, led by HYBE Co. and SM Entertainment Co., are gearing up for a rebound from poor performances in the first quarter, with the releas...
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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Tech, Media & Telecom
Wavve to enter European, Oceanian OTT markets
South Korea's over-the-top (OTT) platform company Wavve announced on Wednesday that it plans to enter European and Oceanian OTT markets through it...
Apr 04, 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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Shipping & Shipbuilding
Hyundai Globis wins long-term LNGC charter in Qatar
South Korea's Hyundai Glovis Co. announced on Monday that it has won a long-term charter for four liquefied natural gas carriers (LNGC) from QatarEn...
Apr 01, 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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Entertainment
K Enter moves step closer to Nasdaq listing in May
K Enter Holdings Inc., an umbrella entity of South Korea-based entertainment companies creating original entertainment content and managing related ...
Mar 27, 2024 (Gmt+09:00)
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Banking & Finance
Samsung seeks to launch new super mobile banking app with a local bank
Samsung Financial Networks, a union of Samsung Group’s four financial affiliates, is seeking to launch a super mobile banking app in partnersh...
Mar 25, 2024 (Gmt+09:00)
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Upcoming IPOs
Korea’s IPO market heats up with HD Hyundai Marine, K Bank
South Korea’s initial public offering market is heating up as HD Hyundai Marine Solution Co., which aims to raise 742.6 billion won ($553.4 mi...
Mar 25, 2024 (Gmt+09:00)
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Beauty & Cosmetics
CJ Olive Young beats Amorepacific to become K-beauty king
CJ Olive Young Corp., South Korea’s top beauty store chain, took the throne in the domestic cosmetics market last year, beating industry giant...
Mar 22, 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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Beauty & Cosmetics
Sephora to exit S.Korean market in May
Sephora, the world's leading multi-brand beauty retailer and an affiliate of French luxury conglomerate LVMH, announced on Tuesday that it will exit...
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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E-commerce
AliExpress sells top K-food maker’s products in S.Korea
AliExpress, an e-commerce arm of China’s Alibaba Group, on Thursday started selling products of CJ CheilJedang Corp., South Korea’s top ...
Mar 08, 2024 (Gmt+09:00)
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Mergers & Acquisitions
Lotte puts Lotte Chemical Titan in Malaysia on market
Lotte Chemical Corp., South Korea’s No. 2 petrochemicals company, has embarked on the process of selling its Malaysian unit Lotte Chemical Tit...
Mar 06, 2024 (Gmt+09:00)
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Insurance
Lotte Insurance's value rises with long-term care expansion
When South Korean private equity firm JKL Partners acquired a 77% stake in Lotte Insurance Co. for about 730 billion won ($546.3 million) in 2019, m...
Mar 06, 2024 (Gmt+09:00)
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Energy
Lotte Chemical, CIP to join hands on ammonia projects
South Korea’s Lotte Chemical Corp. has reached a preliminary agreement with Copenhagen Infrastructure Partners (CIP) to purchase and sell blue...
Mar 05, 2024 (Gmt+09:00)