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Korea’s golf apparel market shrinks as golf boom fizzles
A golf clothes store within a department store in Korea The heyday of South Korea’s golf apparel market seems to…
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Korea Inc.’s AI executives double with LG Group leading the pack
AI robot The number of executive-level artificial intelligence (AI) specialists at South Korea’s 30 largest conglomerates has more than doubled…
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Hanwha Galleria poised to buy drink maker Pure Plus
(Screenshot captured from Pure Plus website) Hanwha Galleria Corp., a South Korean department store operator, signed a memorandum of understanding…
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Seaweed, dubbed ‘Korea’s black semiconductor,’ powers its economy
Korean food at Lotte Mart’s Gandaria City Mall hypermarket Dried seaweed, widely used to make kimbap, or seaweed-wrapped rice rolls,…
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Hotel Lotte resumes global push with management deals
Lotte World Tower in which Signiel Seoul is located (Courtesy of Hotel Lotte) Hotel Lotte Co., South Korea’s leading hospitality,…
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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…
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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…
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Chinese group tours to Korea poised for strong revival
Chinese group tourists shopping at Lotte Duty Free shop in Myeong-dong, Seoul on May 7, 2024 (Courtesy of Lotte Duty…
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(DO NOT PUBLISH) Startups bet on affluent Gen X in Korea’s senior living market
Rendering image of VL Lewest, a luxury senior living community under development by Lotte Hotels & Resorts in Seoul, South…
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S.Korea’s largest startup fair NextRise to be held in June
The Korea International Trade Association announced on Tuesday that the largest domestic startup fair in South Korea, NextRise 2024 Seoul,”…
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Aman, Rosewood, Banyan, IHG rush to open luxury hotels in Seoul
Four Seasons Hotel in central Seoul Globally renowned hospitality companies, including Aman, Rosewood and IHG Group, are rushing to South…
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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.,…
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Korean retailers, hotels enjoy tourist boom in May holidays
Foreigners at Myeong-dong, international tourists’ top destination in Seoul, on April 30, 2024 (By Bum-June Kim) South Korean retailers and…
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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. …
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Korea’s Lotte sells Lotte Glory Properties Shenyang amid US-China dispute
A Lotte hypermarket in China South Korea’s retail giant Lotte Group has signed a deal to sell a theme park…
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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…
