Lotte Archives - Inside Retail Asia
Shopee heads list of top 10 m-commerce players in Vietnam
Shopee heads the list of the top 10 m-commerce players in Vietnam for the first quarter of this year.
King Power Bangkok airport retail monopoly to stretch another decade
King Power Duty Free has bought a monopoly on duty-free business at Bangkok’s Suvarnabhumi airport for at least another decade.
Lotte tapping deeper into Southeast Asia, advanced markets
Retail and chemical giant Lotte Group is ramping up efforts to tap deeper into Southeast Asia and advanced economies, as sales in China, once its biggest overseas market, continue to fall. Industry sources told Yonhap that overseas sales of the conglomerate came to 8.9 trillion won (US$7.49 billion) in 2018, up 7.2 per cent from a year earlier. It marks a turnaround from a near 7 pe…
Incheon Airport duty-free tenders to be released soon
Incheon Airport duty-free tenders will be released in the fourth quarter of this year.
China ends Lotte sanctions
Lotte sanctions imposed by the Chinaese government two years ago have now been lfited.
South Korean K-pop merchandise sales surge to US$132 million last year
South Korea’s K-pop merchandise market is booming, reaching US$132 million last year.
Lotte to launch The Conran Shop in South Korea
South Korean retail conglomerate Lotte has partnered with British furniture brand The Conran Shop.
Lotte Group plans to invest US$11 billion in retail
South Korea’s Lotte Group says it plans to invest US$11 billion in its expanding its retail business during the next five years.
Lotte’s Star Avenue boosts small South Korean labels
Lotte Duty Free has unveiled a new promotional space – Star Avenue – at its flagship store in Myeongdong, Seoul.
Lotte under fire for leasing space to Mumuso
The inclusion of Mumuso, a copycat of Korean stores that produce household products, in Lotte Mart’s Vietnam stores has been frowned upon.
Shortened South Korea Sale Festa launches
The annual Korea Sale Festa offers reduced prices on items ranging from electronics and apparel to automobiles and furniture for 10 days.
Rivals in race for Ministop South Korea chain
Shinsegae and Lotte are competing to take full ownership of Ministop South Korea.
