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Thursday, December 9, 2021
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This is where you can find latest news about Korean business conglomerates.

Kim Sung-joo still works as chief visionary officer Just a few years ago, Sungjoo Group owner Kim Sung-joo was a regular in the media as chief of the fashion group, which encompasses the MCM brand, and also as head of...
Clothing retailer sees its July sales dip 26% Uniqlo Korea issued an official apology in its Web site on July 22, but Koreans show no signs of wrapping up their boycott of Japan’s largest clothing brand. In fact, a mounting number...
As far as ABB Korea is concerned, one bad apple is feared to ruin the whole bunch. In late February 2019, Korea’s financial regulator penalized ABB Korea, the Seoul-based unit of Swiss-Swedish multinational ABB, for improper accounting practices together...
Koreans-target-Uniqlo

Koreans target Uniqlo

Netizens keep criticizing Japanese casual wear maker In Korea, people are canceling their trips to Japan and boycotting Japanese products ranging from cigarettes, beers, pens, cameras, and movies to automobiles. The nationwide boycott of made-in-Japan products and services started early this...
Shinsegae's boutique hotel fails to impress Shinsegae Group Vice Chairman Chung Yong-jin has proven his ability as a business leader - he brought Starbucks to Korea and established the mega-sized Starfield shopping malls in Seoul and the surrounding area. Last...
The grandson of Nongshim Chairman Shin Chun-ho will join the country’s leading maker of instant noodles, or ramyeon, the Seoul-based company confirmed on March 9. Nongshim said that Shin Sang-yeol, who graduated from Columbia University and worked as an intern...
Last week, the press release that LG Uplus had snapped up CJ HelloVision would have irritated many parties concerned _ especially competitors such as SK Telecom and KT. But the owners of D’Live are probably happy with the deal because...
City officials keep an eye on Philip Morris Korea Plant Months after Philip Morris Korea, which is headed by Chong Il-woo, was fined for discharging wastewater from its plant in Yangsan, the investigation on the case is still underway. A Yangsan...
Comcast Corporation, the No. 2 broadcasting and cable TV company in the world, keeps an eye on Korea to find new revenue sources. The Philadelphia-based cable giant reportedly took part in the heated competition to acquire Nexon, a highly successful...
Chairman Kim Byung-ju rises to 23rd spot in wealth list Amid the trade war between the United States and China, export-driven Korea struggled over the past year. As a result, the country’s wealthiest’ fortunes dropped substantially this year, according to...

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Popsline launches NFT marketplace platform

Korean outfit offers beta services midway through Dec. Popsline, a South Korean company specializing in extended reality (XR), announced on Dec. 8 that it had...

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