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Reporter : Kim Jae-heun
Thu, March 23, 2023 | 11:12
Retailers rush to adopt Apple Pay system
Local retailers are preparing to introduce Apple Pay at their stores as the long-awaited mobile payment service has finally landed in Korea, industry officials said Wednesday. SPC Group's information technology service and marketing subsidiary Secta9ine has already adopted the Apple Pay system at more than 7,000 SPC-affiliated brand stores nationwide, including Paris Baguette...
Companies | 2023-03-23 08:21
Consumers choose to travel abroad over purchasing luxury goods
A 33-year-old office worker surnamed Kil living in Seoul recently booked a flight to Bali. He decided to go on a trip as soon as he got permission to travel abroad from his company as the COVID-19 pandemic travel restrictions eased around the world.
Companies | 2023-03-22 16:48
Outback Steakhouse sees sales soar as it opens stores in large shopping malls
Outback Steakhouse's four new restaurants that have moved into nearby shopping mall complexes as part of its relocation strategy, saw their monthly sales jump up to 70 percent on average in 2022 from the previous year, the company said Tuesday.
Companies | 2023-03-22 08:50
Lotte desperate to win LVMH Chairman Arnault's heart
LVMH Moet Hennessy Louis Vuitton Chairman Bernard Arnault is a global fashion magnate who owns dozens of world-class luxury brands such as Louis Vuitton, Dior, Tiffany & Co. and Dom Perignon. The chairman made regular visits to Korea between 2016 and 2019 until the pandemic.
Companies | 2023-03-21 16:49
Osstem Implant to invite 1,500 dentists from 22 countries for training
Osstem Implant will invite 1,500 dentists from 22 countries including China, Japan, Germany, Brazil and Australia to its headquarters in Seoul for large-scale clinical training this month, Korea's largest dental implant maker said on Monday.
Companies | 2023-03-21 09:06
Amorepacific President Lee Dong-soon vows to bolster presence in ASEAN, Japan, US
Amorepacific Group President Lee Dong-soon pledged to pioneer new markets in ASEAN countries, the United States and Europe, while reducing its heavy reliance on China during a shareholders' meeting at company headquarters in Seoul, Friday.
Companies | 2023-03-18 08:18
Food firms sell direct to consumers amid growing retail conflicts
Local food companies are moving to strengthen their own online shopping malls to increase their bargaining power against Coupang, Shinsegae, Lotte and other retailers as both sides have been engaged in a dispute over supply prices, according to industry officials Friday.
Companies | 2023-03-17 16:50
Paris Baguette, Tous Les Jours compete in US market
The country's top two bakery chains Paris Baguette and Tous Les Jours are competing hard to expand in the United States, according to company officials Thursday.
Companies | 2023-03-17 10:07
LG chairman stresses importance of recruiting talented people
LG Group Chairman Koo Kwang-mo emphasized the importance of securing skilled workers in the research and development sector to remain innovative in technology, during the LG Tech Conference held at LG Science Park in southwestern Seoul's Magok-dong, Thursday.
Companies | 2023-03-16 17:09
POSCO International promotes Busan's Expo bid in Uzbekistan
POSCO International CEO Jeong Tak visited Uzbekistan on Monday to request support for the Korean port city of Busan's bid to host the 2030 Expo, the company said Wednesday. Jeong, who is also a private bid committee member for the World Expo, met with Governor of Fergana Hayrulla Bozarov, Vice Minister of Investments and Foreign Trade Oybek Khamraev and Vice Minister of Agric...
Companies | 2023-03-15 16:14
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