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Lotte

Lotte Archives

Winter apparel sales surge in Korea, despite summer heat

Lotte Home Shopping Inc. hosted a fur coat sales promotion in June, selling more than 1,000 fur coats in a single hour.

How Korea’s big 3 department stores are killing it right now

Inflation and a recovery in the apparel category have the big 3 of Korean department store retail carrying on where they...

South Korean retail firms Lotte and Shinsegae bid for EBay Korea

EBay Korea is the country's third-largest e-commerce firm with a 12.8-per-cent market share last year.
The interior of a TGI Friday’s restaurant.

Lotte seeks to unload TGI Friday’s as part of restructuring

Lotte is moving to divest its TGI Friday's restaurant chain rights in South Korea as it restructures its business portfo...

Lotte seeks to unload TGI Friday’s as part of restructuring

Lotte is moving to divest its TGI Friday's restaurant chain rights in South Korea as it restructures its business portfo...

Sales growth disappoints South Korean department store operators

A South Korean government-led retail sale festival designed to boost spending amid the coronavirus outbreak ended yester...

Lotte to launch snack subscription service

Lotte Confectionery Co will launch a snack subscription service dubbed “Monthly Snack,” the first of its kind in South K...

Lotte Shopping speeds up store-exit plan

South Korean retail group Lotte Shopping will sell off 121 stores this year in an attempt to recover from the impact of ...

Louis Vuitton raises prices in South Korea

French fashion house Louis Vuitton is raising prices for its luxury items in the South Korean market, allegedly in a bid...

Lotte plans to double e-commerce sales by 2023

South Korean retail conglomerate Lotte is expanding its e-commerce offering with one-hour delivery grocery services.