#Lotte
Total Articles:
29
Lotte Group Chairman Shin Dong-bin has rejoined Lotte Shopping as an internal director after five years. With the retail sector facing difficulties, the industr...
2025.03.24(Mon)
Lotte Engineering & Construction (Lotte E&C) is working to raise around 1 trillion won ($694 million) through asset sales, including its headquarters, a...
2025.02.27(Thu)
DL, KT, and Lotte are selling their hotel assets amid a surge in foreign tourists, fueled by the global rise of K-content. These companies are liquidating real ...
2024.12.13(Fri)
Senior Manager Kim, part of LG Chem’s Corporate Social Responsibility (CSR) team, has embraced the company’s recently launched artificial intelligence (AI) serv...
2024.12.13(Fri)
Lotte Hotel, the cornerstone of the Lotte Group’s governance structure, has initiated asset securitization to address mounting liquidity concerns. The company p...
Lotte Shopping Co. has faced a prolonged financial strain, unable to cover its financial expenses with its earnings for six consecutive years, according to rece...
2024.12.04(Wed)
Lotte Group, one of South Korea’s major conglomerates, has filed a police complaint seeking punitive action against individuals accused of fabricating and sprea...
2024.12.02(Mon)
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 Nov. 28. ...
Lotte Group unveiled its annual executive appointments on Nov. 28, introducing significant leadership changes aimed at streamlining operations and driving organ...
2024.11.28(Thu)
The overseas earnings of major South Korean logistics firms surged in the third quarter, buoyed by higher sea freight rates that bolstered operating profits in ...
2024.11.28(Thu)
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 it is main...
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), compared to...
2024.11.15(Fri)
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 down on Augus...
2024.08.09(Fri)
LOTTE Corporation is a South Korean conglomerate active in various sectors including food, retail, tourism, services, chemicals, construction, and finance. It m...
Shin Yoo-Yeol is the Executive Vice President of Lotte Chemicals. Born in London, England, as the eldest child of Lotte Holdings Chairman Shin Dong-bin, Shin gr...
Shin Dong-bin, who succeeded his father, the late Chairman Shin Kyuk-ho, as Chairman of the Group in February 2011, has been an aggressive manager, unlike his c...
2024.08.06(Tue)
Shin Kyuk-ho is the founder and first chairman of Lotte Group. After moving to Japan in 1942 with 83 yen (850 won), Shin started out delivering milk and newspap...
As Lotte Shopping grapples with shifts in the retail landscape and aggressive tactics from Chinese e-commerce firms, Lotte REIT, which leases properties to the ...
2024.07.07(Sun)
Shin Yoo-yeol (38), the eldest son of Lotte Group Chairman Shin Dong-bin and Executive Vice President of Lotte Corporation, was elected on June 26 to the board ...
2024.06.27(Thu)
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