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Biz & Tech

Retail & Food

Mon, May 25, 2020 | 13:37

Lotte Shopping to sell 121 stores due to virus impact

Lotte Shopping to sell 121 stores due to virus impact

Lotte Shopping will sell 121 stores within this year as its retail businesses are taking the brunt of the COVID-19 pandemic, the company announced Sunday.

Kim Hyun-bin | 2020-05-24 17:10

Samsung Biologics influencing presence in group portfolio

Samsung Biologics influencing presence in group portfolio

Samsung Biologics is influencing its presence in Samsung thanks to the steady lucrative agreements with the industry's major companies in manufacturing drugs.

Nam Hyun-woo | 2020-05-22 16:31

Korean drug makers make strides in fighting hardly-cured diseases

Korean drug makers make strides in fighting hardly-cured diseases

Korean pharmaceutical companies are making strides in fighting hardly cured viruses such as the coronavirus and HIV, in a bid to fill the anticipated vacuum in the global procurement market stemming from lockdowns on global drug makers.

Nam Hyun-woo | 2020-05-22 16:31

Starbucks Korea reduces power sockets

Starbucks Korea reduces power sockets

Starbucks Korea is allegedly trying to reduce the number of sockets in their coffee shops to stop customers from staying there for a long time.

Kim Jae-heun | 2020-05-21 17:22

S. Korea to introduce disposable cup deposits

Korea antitrust regulator to monitor Chanel's alleged breach of Fair Trade Act

Korea antitrust regulator to monitor Chanel's alleged breach of Fair Trade Act

The Fair Trade Commission (KFTC) said it will look into French fashion house Chanel following allegations the luxury brand has been forcing restrictions onto local duty-free firms regarding the pricing of its items, a violation of the Fair Trade Act.

Kim Jae-heun | 2020-05-20 17:59

KT&G under fire for requesting court seizure of reporter's salary

KT&G under fire for requesting court seizure of reporter's salary

KT&G is under fire for asking a local court to seize the salary of a reporter who wrote an article criticizing the tobacco maker.

Nam Hyun-woo | 2020-05-19 16:30

Chanel dissatisfying consumers in S. Korea

Chanel dissatisfying consumers in S. Korea

Customers in South Korea are dissatisfied over French luxury brand Chanel's apparent repeated acts of feigned ignorance and mockery of local customers. Recently nearly 1,000 people flocked to Chanel boutiques across the country between May 11 and 13, triggering concerns of another cluster infection following a COVID-19 outbreak that took place in the international district of...

Kim Jae-heun | 2020-05-18 17:34

Coronavirus boosts contactless trend in fashion industry

Coronavirus boosts contactless trend in fashion industry

The ongoing “contactless trend” that is expanding rapidly in every aspect of daily life due to the coronavirus pandemic was actually adopted by the fashion industry much earlier. However, the choice to go contactless was not out of necessity then. It was rather a choice between the pleasure of shopping offline and the convenience of shopping online.

Kim Jae-heun | 2020-05-18 17:08

Louis Vuitton Korea branded irresponsible

Louis Vuitton Korea branded irresponsible

Louis Vuitton has come under fire over apparent carelessness regarding its South Korean employees as the country fights COVID-19. Some also criticized the French luxury brand saying it is only interested in turning a profit and was taking advantage of timing related to the easing of social restrictions as customers seek opportunities to spend money.

Kim Jae-heun | 2020-05-17 17:14

Shinsegae's performance likely to remain sluggish in 2nd half

Shinsegae's performance likely to remain sluggish in 2nd half

The second half outlook for Shinsegae, one of the country's largest retailers, doesn't look good despite expectations that the impact of the COVID-19 pandemic here will gradually diminish.

Kim Jae-heun | 2020-05-15 16:34

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