More than 40 senior Lotte Duty Free executives have volunteered to return 10% of their salaries this year to help ‘revitalize’ the company, boost cost-reduction and fight ‘excessive competition’ in th…
More than 40 senior Lotte Duty Free executives have volunteered to return 10% of their salaries this year to help ‘revitalize’ the company, boost cost-reduction and fight ‘excessive competition’ in th…
Lotte Duty Free, South Korea’s top duty-free operator, said it opened an outlet in central Bangkok on Friday, making its first foray into the key Southeast Asian market.…
Lotte Duty Free, South Korea’s top duty-free operator, said it has set up a new outlet at a Vietnamese airport, making a foray into the Southeast Asian market.
Lotte clinched a joint venture dea…
Lotte World Tower has drawn 126,000 daily visitors on average in April, becoming Korea’s newest tourist hotspot.…
The renovated branch of Lotte Premium Outlets in this suburban city about 30 miles south of Seoul looks more like an amusement park than a shopping mall for bargain hunting.…
China’s tourism ban on South Korea – due to the U.S. THAAD system deployment – could have dire consequences for South Korea’s tourism and retail industries.…
The intensifying diplomatic ruckus is exposing deep cracks in South Korea’s economic success story and forcing the nation to confront its dependence on China, its largest trading partner.…
Lotte Group is to close three retail stores near Beijing in the first concrete example of South Korean business hit by fallout from Seoul’s plan to deploy a US-made missile shield.…
The Korean duty free market surged by 33.5% year-on-year in 2016 to KW12.2 trillion (US$10.5 billion), according to new figures from Korea Customs Service.…
Chinese visitors to South Korea are buying less from global luxury mainstays like Louis Vuitton and Chanel in favour of cheaper homegrown brands, as young, independent travellers make up a bigger shar…