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Korean conglomerate executives boost ties with each other at CES

LAS VEGAS - Top executives and heirs of family-controlled Korean conglomerates took advantage of the 2023 Consumer Electronics Show (CES) to expand their personal networks and seek the new growth engines for their companies. Making their way through the crowds in the 230,000 square meters of exhibition space at the Las Vegas Convention Center, they did not just promote technologies and products of their own companies at the four-day tech show, but also paid visits to the various exhibition booths of other Korean firms. ....

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Hanwha, Doosan launch wine biz to compete with Shinsegae, Lotte

Hanwha and Doosan have recently launched their own wine businesses to compete with local retail giants. Doosan opened a large-scale wine bar called Tap Shop Bar at its Doota Mall in Dongdaemun, central Seoul, on Dec. 16. Customers can try various wines at the store and buy bottles of wine. Doosan said it wants to ride on the popularity of the wine-consuming trend among young consumers by opening the shop to revive its shopping mall, which has suffered a long slump due to the COVID-19 pandemic. ....

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Shinsegae, KT to partner in digitization of retail

Retailer Shinsegae Group and local telecom giant KT said Wednesday they will work together in the digital transformation of shopping, logistics and land development. ....

Soult Ukpyolsi , South Korea , Kang Heui Seok , Shinsegae Group , Retailer Shinsegae Group , President Yun Kyoung Lim , E Mart Traders , South Korea , North Korea , He Korea Times , Orea Times , Orean News In English ,

Shinsegae chief jubilant over his baseball team's Korean Series win

Shinsegae Vice Chairman Chung Yong-jin celebrated the SSG Landers victory in the 2022 Korean Series on social media, Wednesday. Chung is the owner of the professional baseball team. Chung posted a photo of SSG Landers players throwing him into the air after winning the championship at Incheon SSG Landers Field in the western port city on Tuesday. He also wrote a message saying, “I want this again next year, I am addicted to it.” ....

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Retailers use popular corporate mascots to attract consumers

Retailers are using popular corporate brand mascots to attract consumers, most of whom got used to shopping online for more than two years during the COVID-19 pandemic, according to industry officials Sunday. ....

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