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Biz & Tech

Retail & Food

Fri, June 5, 2020 | 05:30

Starbucks, new index of coronavirus confirmation status?

Starbucks, new index of coronavirus confirmation status?

Once a second ranker on the world's list of most confirmed COVID-19 cases, Korea now seems to be successfully controlling the spread of the virus and has cured many to fall down to 23rd.

Kim Jae-heun | 2020-04-26 18:19

Sephora struggling to settle in Korean market

Sephora struggling to settle in Korean market

French multinational beauty store chain Sephora is struggling to find its niche in the Korean market. Louis Vuitton Moet Hennessey's (LVMH) subsidiary opened its very first store in Korea last October at the Parnas Mall in Seoul, and so far the assessment of industry insiders is that Sephora has yet to provide a differentiated service for customers at offline stores. Son Sung...

Kim Jae-heun | 2020-04-24 20:27

Samsung BioLogics' 1st development client wins FDA approval

Samsung BioLogics' 1st development client wins FDA approval

Samsung Biologics' first contract development client, ImmuneOncia Therapeutics, has won U.S. Food and Drug Administration (FDA) approval for a Phase 1 clinical study on its cancer immunotherapy.

Nam Hyun-woo | 2020-04-23 16:02

eBay Korea still looking for buyers?

eBay Korea still looking for buyers?

Despite the company's best-ever turnover in the first quarter of this year, there are still rumors that eBay Korea will be put to market for sale.

Kim Jae-heun | 2020-04-22 18:16

SPC to open first Korean Eggslut store in June

SPC to open first Korean Eggslut store in June

SPC Group, operator of American fast food chain Shake Shack in Korea, said Tuesday it will open the first Korean Eggslut store at the Starfield COEX Mall in Seoul in June.

Kim Jae-heun | 2020-04-22 17:25

SR Technopack seeks to become 3M in oxygen barrier tech

SR Technopack seeks to become 3M in oxygen barrier tech

3M has built an international reputation for its adhesive products including Scotch Tape, Post-it and a slew of other sticky products that led the Minnesota-based mining firm to stand out as a multinational conglomerate making various industrial materials and consumer goods.

Nam Hyun-woo | 2020-04-22 10:01

'No exit' in China

'No exit' in China

While some big-name foreign companies that are active in China are adjusting their business strategies there over the ongoing pandemic, South Korea's beauty giant AmorePacific plans to continue its investments in China with Beijing offering various administrative and financial benefits.

Kim Jae-heun | 2020-04-21 18:54

Review or Delivery Hero-Woowa Brothers' deal to take longer time: KFTC

Review or Delivery Hero-Woowa Brothers' deal to take longer time: KFTC

The result of the Korea Fair Trade Commission's (KFTC) review of Delivery Hero's $4 billion deal to acquire Woowa Brothers could take as long as a year. “We have 120 days to review the merger and if we think we have not looked through enough data, we can request more time. I think we will need more time for this deal. It will take longer,” a KFTC official said. Delivery Hero ...

Kim Jae-heun | 2020-04-20 17:13

Medytox response to KFDA actions

We sincerely apologize to all our customers and investors for causing concerns regarding the recent administrative actions by the MFDS (KFDA).

Jun Ji-hye2020-04-20 17:08

Medytox seeking to cancel gov't sales ban

Medytox seeking to cancel gov't sales ban

Medytox, the nation's leading botulinum toxin maker, has filed a lawsuit, asking a court to cancel the Ministry of Food and Drug Safety's orders that the company suspend the manufacture, sale and use of three dosage units of Meditoxin, the company said Monday.

Jun Ji-hye | 2020-04-20 17:06

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