Maison Retail Management International
Scope
Date
~
-
Fashion
NHN Commerce acquires Italian luxury brands retailer Ikonic
NHN Commerce, South Korea's major online company NHN Corp.'s shopping platform, announced on Tuesday its acquisition of a 77.8% stake in Ikonic Srl,...
Jul 11, 2023 (Gmt+09:00)
-
Regulations
SGC Group slapped with over $7.7 mn fine for unfair internal trade
The Fair Trade Commission (FTC) has imposed a fine of more than 10 billion won ($7.7 million) on SGC Group companies for unfair internal transaction...
Jul 06, 2023 (Gmt+09:00)
-
Airlines
LCC Air Premia to be jointly managed by two PE firms
Air Premia Inc., a South Korean low-cost carrier, will be jointly managed by two Seoul-based private equity firms – JC Partners and AP Holding...
Jul 03, 2023 (Gmt+09:00)
-
Retail
Convenience store giant BGF Retail signs IPR deal with YG Plus
South Korea's BGF Retail, which runs the leading domestic convenience store chain CU, on Monday said it will sign a deal with YG Plus, which special...
Jul 03, 2023 (Gmt+09:00)
-
Korean stock market
Korean ETFs’ net asset value doubles in 3.5 years
South Korea’s exchange-traded funds (ETFs) surpassed 100 trillion won ($75.7 billion) in net asset value for the first time on Thursday, 21 ye...
Jun 30, 2023 (Gmt+09:00)
-
Pension funds
NPS taps Macquarie, IMM, Hahn & Co. as private equity managers
The National Pension Service (NPS) of South Korea, the world’s third-largest pension fund, said on Friday it has hired Macquarie Asset Managem...
Jun 30, 2023 (Gmt+09:00)
-
Airlines
Korean Air to use bio-jet fuel on international flights
Korean Air Lines Co. announced on Thursday that it will start operating bio-jet fuel flights in partnership with GS Caltex Corp., marking the first ...
Jun 29, 2023 (Gmt+09:00)
-
Business & Politics
Airplane hangar built in Heart of S.America by KOICA
The South Korean government's support for Paraguay, dubbed the "Heart of South America," to become an aviation maintenance hub is gaining momentum.K...
Jun 28, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
LG CNS develops AI coding solution based on ChatGPT
LG CNS, the information technology service arm of LG Group, announced on Wednesday that it has developed an artificial intelligence (AI)-based code ...
Jun 28, 2023 (Gmt+09:00)
-
Beauty & Cosmetics
Amorepacific to strengthen partnership with A.S. Watson
South Korean beauty and cosmetics giant Amorepacific Group announced on Tuesday that it has signed a memorandum of understanding with A.S. Watson ...
Jun 27, 2023 (Gmt+09:00)
-
Bio & Pharma
Kakao Healthcare ties up with Dexcom for global diabetes biz
South Korea’s Kakao Healthcare Corp. has taken a step forward to expand its business into the global market by collaborating with US medical d...
Jun 22, 2023 (Gmt+09:00)
-
Regulations
3rd-gen. corporate succession in S.Korea slashes stake from 100% to 16%
South Korea's business sector is urging reform of the domestic inheritance tax system to alleviate problems in corporate succession, citing difficul...
Jun 22, 2023 (Gmt+09:00)
-
Retail
GS Retail sells unmanned serving robots in convenience stores
The artificial intelligence (AI) serving robot has been introduced to convenience stores for sale. The number of stores where the robot is being sol...
Jun 21, 2023 (Gmt+09:00)
-
Retail
Lotte considering opening In-N-Out Burger stores in S.Korea
One of US' leading burger brands, In-N-Out, is considering entering the South Korean market. After recently opening a pop-up store in Seoul, the bur...
Jun 21, 2023 (Gmt+09:00)
-
Automobiles
Hyundai Motor's Genesis delivers Korean luxury to Europe
MUNICH – It is always challenging to bring a lesser-known car marque to Europe, home to well-established, globally known brands such as Merced...
Jun 19, 2023 (Gmt+09:00)
-
ESG
Lotte Shopping to raise $785 mn from Korean banks for ESG push
Lotte Shopping Co., the retail arm of South Korea's fifth-largest conglomerate Lotte Group, will tap 1 trillion won ($784.4 million) from two of the...
Jun 16, 2023 (Gmt+09:00)
-
Leadership & Management
Korea’s GS E&C holds first global HR conference in Mumbai
GS Engineering & Construction Co. announced on Friday that it recently held the “1st Global HR Leaders Conference” attended by chief...
Jun 16, 2023 (Gmt+09:00)
-
Artificial intelligence
KT's dietary management solution passes AI quality test
A South Korean artificial intelligence (AI) solution that analyzes and presents information on the type and nutritional content of food after a us...
Jun 15, 2023 (Gmt+09:00)
-
Chemical Industry
Daesang to produce new eco-friendly material Cadaverine
Daesang Corp., South Korean manufacturer of food and pharmaceutical ingredients, announced on Wednesday that it has developed a new eco-friendly mat...
Jun 14, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
LG Uplus, Hyundai Elevator to launch AI-based management service
LG Uplus Corp. on Monday said it released Miri View, an artificial intelligence (AI)-based elevator passenger safety system developed with Hyundai E...
Jun 13, 2023 (Gmt+09:00)
-
Mergers & Acquisitions
BlackRock buys $860 mn stake in S.Korean gas supplier
Global asset manager BlackRock has bought a 30% stake in South Korea’s industrial gas supplier AirFirst Co. for 1.11 trillion won ($860 millio...
Jun 09, 2023 (Gmt+09:00)
-
Automobiles
Hyundai Mobis exceeds $770 bn in R&D investment in 2023
South Korea's car parts maker Hyundai Mobis is turning into a software-oriented mobility company by investing over 1 trillion won ($772.3 million)...
Jun 09, 2023 (Gmt+09:00)
-
Energy
Hanwha Q Cells sweeps global solar energy industry awards
Hanwha Q Cells Co.'s winning of major global solar energy industry prizes is expected to help the unit of South Korean Hanwha Solutions Corp. cement...
Jun 08, 2023 (Gmt+09:00)
-
Korean stock market
Korean investors’ risky bet: Buy inverse ETFs as Kospi heads higher
Among the most cited stock market sayings by experts and laymen alike are “buy the dips” or “sell on news” – tim...
Jun 05, 2023 (Gmt+09:00)
-
Shipping & Shipbuilding
HD Hyundai Heavy Industries unveils homegrown sea vessels
South Korea's HD Hyundai Heavy Industries Co. (HHI), the shipbuilding affiliate of HD Hyundai Co., on Sunday said it will unveil its next-generati...
Jun 05, 2023 (Gmt+09:00)
-
K-pop
BTS’ 10th anniversary T-shirts to go on sale June 12
South Korean fashion platform W Concept announced on Thursday that it will release a limited number of T-shirts commemorating the 10th anniversary o...
Jun 01, 2023 (Gmt+09:00)
-
Korean stock market
Funds with high exposure to Nvidia, Samsung yield higher returns
It's time again to snap up semiconductor stocks – the market darlings these days.Just like its global peers, including the New York Stock Exch...
May 31, 2023 (Gmt+09:00)
-
Robotics
POSCO, LG Electronics to jointly build smart factory
POSCO Holdings Inc. and LG Electronics Inc. announced on Wednesday that they will collaborate to upgrade POSCO's smart factory technology. The initi...
May 31, 2023 (Gmt+09:00)
-
Airlines
Air Busan targets record profit with more int’l flights
Air Busan Co., a South Korean low-cost carrier, targets record earnings with more international flights, especially to neighboring China and Japan, ...
May 30, 2023 (Gmt+09:00)
-
Tech, Media & Telecom
Webcash to accelerate overseas expansion as B2B fintech
South Korea's Webcash Group announced on Tuesday that it will enter the overseas market with its B2B fintech and software-as-a-service (SaaS) soluti...
May 30, 2023 (Gmt+09:00)