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Lotte prepares to shut its China headquarters
The South Korean group will continue expanding its presence in Southeast Asian countries.
Shinsegae and Lotte to compete in wine and whisky market
Shinsegae and Lotte are going beyond retail to jump into the wine and whisky markets, which have grown since the Covid-1...
Lotte Group acquires Ministop South Korea
Japanese c-store operator to exit Philippines partnership as well.
Lotte Vietnam denies reports it will close Lotteria fast-food chain
However, Lotteria Vietnam announced on social media that it actually plans expansion...
Foreign retail brands face tough path to North Korea
Speculation is growing about foreign retail brands planning to enter the once hermit state of North Korea.
Lotte Group forced to drop $4.5bn IPO
A 30 per cent sales drop and the virtual closure of its China outlets have forced Lotte Group to drop its US$4.5 billion...
Lotte Duty Free wins Gangnam licence
Lotte Duty Free, Hyundai Department Store and Shinsegae DF have won licences to run duty-free stores in the Gangnam dist...
Lotte China to buy and build malls
Lotte Group has forged a partnership with a Chinese developer to acquire and build malls in the mainland.
Lotte Duty Free drawing up luxury brand shopping list
South Korea’s Lotte Duty Free has plans to acquire a foreign luxury goods manufacturer.
Takashimaya Tokyo going duty free
Eyeing the tourist market, Takashimaya Tokyo department store is going duty free with an airport-style store in Tokyo.
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