South Korean retail major Lotte Shopping has acquired compatriot GS Retail’s GS Mart hypermarket and GS Square department store operations.
The deal, valued at KRW1.3 trillion (USD1.15 billion) …

South Korean retail major Lotte Shopping has acquired compatriot GS Retail’s GS Mart hypermarket and GS Square department store operations.
The deal, valued at KRW1.3 trillion (USD1.15 billion) …
Sales at South Korea’s major department stores rose in January for an 11th month as the nation’s economic recovery strengthened.
Spending at the three biggest chains climbed 4.8 percent fr…
South Korean exports to China posted their biggest ever annual growth last month, easing fears that Beijing’s crackdown on excessive lending would reduce demand.
To view the full article (note:…
The developers of a Universal Studios theme park and resort in South Korea have announced that Universal Studios Korea Resort is slated to open in early 2014.
The building billed as the largest such U…
Spurred by their bilateral trade of over USD16 billion, which got a boost with the coming into force of the Comprehensive Economic Cooperation Agreement (CEPA) on 1 January this year, India and South …
Motorola said it plans to launch a smartphone in South Korea using Google’s Android operating platform, a move aimed at taking on Apple and market incumbents Samsung Electronics and LG Electroni…
Expanding store and franchise operations into new markets, or even expanding into known markets, can present a number of challenges for the Brand Owner.
Almost without exception, these challenges and…
GS Home Shopping, South Korea’s largest and the world’s third largest home shopping network, has picked up a 15 percent stake in India’s 24-hour home shopping network, Home Shop 18.…
A Stockholm store dropped a line of North Korean-made jeans launched by three Swedish entrepreneurs who hope to help break the communist nation’s isolation by joining the handful of foreign manu…
Top advertising-industry publication Media, in conjunction with leading market-insight company TNS, today released its list of Asia’s top 1,000 brands for 2009.…