Lotte
LOTTE Corporation is a South Korean conglomerate active in various sectors including food, retail, tourism, services, chemicals, construction, and finance. It manages shopping centers, supermarkets, hypermarkets, and e-commerce platforms, and produces chemical products, aluminum foil, household goods, and more. Lotte also produces beverages and foods, and manages hotels, duty-free shops, resorts, and entertainment facilities.
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Key people from Lotte
Family chart
The Lotte Family Chart
AI tools transform workplace dynamics in Korean conglomerates
Senior Manager Kim, part of LG Chem’s Corporate Social Responsibility (CSR) team, has embraced the company’s recently launched artificial intelligence...
Park Soon-chan, Kim Mi-geon
Lotte Hotel to sell assets to tackle debt crisis, IPO delayed indefinitely
Lotte Hotel, the cornerstone of the Lotte Group’s governance structure, has initiated asset securitization to address mounting liquidity concerns. The...
Kim Eun-young, Lee Jae-eun
Lotte Shopping struggles with six years of financial strain
Lotte Shopping Co. has faced a prolonged financial strain, unable to cover its financial expenses with its earnings for six consecutive years, accordi...
Yeon Ji-yeon, Kim Mi-geon
Lotte takes legal action against false liquidity crunch claims
Lotte Group, one of South Korea’s major conglomerates, has filed a police complaint seeking punitive action against individuals accused of fabricating...
Shin Jee-in, Kim Mi-geon
Lotte replaces one-third of CEOs in historic shakeup
Lotte Group, South Korea’s sixth-largest conglomerate, announced that it replaced the CEOs of 18 out of its 58 subsidiaries in its annual reshuffle on...
Seok Nam-jun, Kim Yunju, Lee Jae-eun
Lotte announces leadership reshuffle, promotes Shin Yoo-yeol to vice president
Lotte Group unveiled its annual executive appointments on Nov. 28, introducing significant leadership changes aimed at streamlining operations and dri...
Kim Yun-ju, Kim Mi-geon
S. Korean logistics giants see overseas profits surge
The overseas earnings of major South Korean logistics firms surged in the third quarter, buoyed by higher sea freight rates that bolstered operating p...
Yang Beom-soo, Kim Mi-geon
Lotte Group denies liquidity crisis rumors, cites $51 billion in assets
Lotte Group, South Korea’s sixth-largest conglomerate, refuted recent rumors of a liquidity crisis on Nov. 22. The group said in a press release that ...
Seok Nam-jun, Kwak Chang-yeol, Lee Jae-eun
Hotel Lotte's operating profit falls 64% YoY in Q3
Hotel Lotte reported a sharp 64% decline in operating profit for the third quarter of this year, dropping to 24.2 billion won (about $17.3 million), c...
Choi Hyo-jung, Kim Mi-geon
Korean retail giants shut down brick-and-mortar stores as sales decline
Homeplus, a South Korean discount store retail chain, closed its store in Seodaemun on August 18. The Homeplus store in Anyang is also set to shut dow...
Seok Nam-jun, Lee Jae-eun