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Lotte Group

Lotte Group Archives

Lotte Group to build futuristic smart city in Vietnam

The project will have a total floor area of 680,000sqm, five basements, and 60 story tower.

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.