Korea

Discover The Healthy And Fresh Taste Of Korea At K-Food Fair In Paris

The Korea Agro-Fisheries and Food Trade Corporation (aT) has announced details about the forthcoming Salon K-Food show, taking place in Paris on 8 and 9 Ju...

Migros Looks East, Acquires Korean Beauty Firm

Mibelle, which is part of the Swiss-based Migros Group of companies, has announced the acquisition of Korean cosmetics brand Gowoonsesang. The acqu...

Lotte Splitting Into Holding Company In Bid To Bury Family Feud

Retail and food conglomerate Lotte Group plans to divide four key businesses valued at about $12 billion into operating and holding units, slashing the num...

Lotte Mart Turns To KNAPP For E-Commerce Solution

Lotte Mart, the leading food retailer in South Korea, primarily offers food, clothing, toys and electronic articles in its hypermarkets. Founded in 1998, t...

Egg Price Surge Drives Koreans Crazy

In a packed stall in one of Seoul’s traditional eateries, patrons feast on egg-rich Korean pancakes washed down with beer. Despite the booming busine...

Convenience Stores Boom As Korea's Households Change

The rising number of single-person households in South Korea is helping to fuel a boom in neighborhood convenience stores, one of the few bright spots in t...

Touboul Named Pernod Ricard South Korea CEO

Pernod Ricard has named Jean Touboul the CEO of its South Korean arm, and has tasked him with rebuilding its market dominance. He replaces Jean-Manuel S...

Tesco Rules Out Further Overseas Disposals For Time Being

Tesco chairman John Allan has said that the retailer is not looking to offload any further overseas assets, following the sale of its South Korean arm rece...