Articles by Kim Da-sol
Kim Da-sol
ddd@heraldcorp.com-
Foreign whiskey makers struggle amid sluggish sales
Foreign liquor companies in Korea are increasingly reeling from plunging sales in recent years, data showed Friday.According to global liquor research institute IWSR, South Korea’s whiskey sales recorded 1.66 million boxes last year, a fall of about 1.18 boxes from 2007. For whiskey, a box equals to 9 liters of liquor. By whiskey type, sales of blended Scotch whisky -- Ballentine's, Johnnie Walker, Royal Salute -- saw the biggest drop. Since 2007, the sales volume has decreased by more than 60 p
Industry June 22, 2018
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[Herald Interview] Taking global Starbucks phenomenon to next level
For Major Cohen, coffee changed his life as he approached mid-age.“I began working as a part-time barista in 1995, for a team that was opening a new store in Boston. It was when I was 45 years old,” Cohen told The Korea Herald at a Starbucks Korea’s The Jongno branch in downtown Seoul. At 1,097 square-meters, it is the biggest Starbucks store in Korea and was designed to do much more than simply serve coffee. Starbucks’ global ambassador Major Cohen speaks during an interview with The Korea Her
Industry June 21, 2018
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Asiana Airlines runs outreach program targeting women in Vietnam
Asiana Airlines said Tuesday it has opened a fourth employment training course targeting women in Vietnam, which will take place over the next six months. Asiana Airlines Managing Director Cho Young-suk (sixth from left) and the Embassy of Korea in Vietnam’s Consul General Lee Mi-yeon (seventh from left) pose for a photo in Hanoi, Vietnam, Wednesday. Asiana AirlinesSince 2015, the South Korean airline has been providing job training sessions for Vietnamese women in the low-income bracket. The p
Industry June 20, 2018
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P&G Korea inks MOU to improve medical environment for young patients
Proctor and Gamble Korea said Wednesday that it has signed a memorandum of understanding with Seoul Child Hospital and Kids & Future Foundation to improve Korea’s medical services for children. P&G Korea’s public affairs leader Park Lincoln (left), Seoul Child Hospital Director Kim Jae-bok (center) and Kids & Future Foundation Director Park Doo-joon pose for a photo after signing a memorandum Wednesday. P&G Korea“Through the memorandum, P&G will continue to put in effort to improve treatment an
Industry June 20, 2018
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Sales of Orion’s corn chips record W50b in 15 months
South Korean confectionery company Orion said Tuesday that accumulated sales of Kkobuk Chip had surpassed 50 billion won ($45 million) since its launch in March last year. Orion’s Kkobuk Chip (Orion)Approximately 46 million packs of the corn chips had been sold as of this month, according to the company. This translates to some 100 million won worth of chips sold daily. Driven by the popularity of the corn soup-flavored snack, Orion began producing Kkobuk Chip in Shanghai, China, last month unde
Industry June 19, 2018
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Philip Morris claims IQOS could reduce health risk
Tobacco maker Philip Morris International said Monday that its clinical study proved that switching to its heat-not-burn cigarette device could reduce health risks compared to conventional cigarettes, reigniting controversy over the harmfulness of HNB products. Manuel Peitsch, chief scientific officer at Philip Morris International, speaks during a press conference Monday in Seoul. PMIPMI’s study result comes two weeks after South Korean health authorities released a safety result that found HN
Industry June 18, 2018
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Shin Dong-joo to give fifth try to seize Lotte Group, overthrow his brother
Shin Dong-joo, a former vice chairman of Lotte Holdings who was defeated in a management right feud with currently imprisoned younger brother Lotte Group Chairman Shin Dong-bin is attempting to seize his control over the group once again. According to Lotte Holdings, a Japanese firm which owns major stakes in many Lotte units and thus binds the whole conglomerate, it will hold a general a shareholders meeting on June 29 in Tokyo, upon Dong-joo’s request. Former Vice Chairman of Lotte Holdings
Industry June 17, 2018
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Over half of Koreans agree on tax hike for HNB cigarettes: survey
The majority of South Koreans agreed to levying various taxes on recently popular heat-not-burn e-cigarettes, a survey showed Sunday. According to a survey conducted on some 1,000 adults here by market research institute Trend Monitor, 55.6 percent of the respondents agreed to the government’s move to raise taxes on HNB cigarettes. Various heat-not-burn e-cigarette products from Philip Morris International. (Yonhap)Last December, the National Assembly passed a bill for a tax hike on HNB cigaret
Industry June 17, 2018
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Lotte Hi-Mart offers payment by scanning palm
Lotte Hi-Mart, the electronics chain run by retail giant Lotte Group, said Thursday that it has launched the first so-called “Hand Pay” service in the industry. A customer makes payment via Hand Pay, a biometric payment system that scans the pattern of veins in the palm, at Lotte Hi-Mart in Seoul on Thursday. Lotte Hi-MartCustomers can make payment by scanning the palm of their hands, starting with Lotte Hi-Mart’s Daechi outlet in Gangnam, the company said. The pattern of veins in the palm is sc
Industry June 14, 2018
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Voting day a boon for retail industry
The South Korean retail industry has bet on increased sales on Election Day, by rolling out vote-empowering marketing as well as promotional events.Department stores, one of the crowded places on the red-day Election Day, presented various benefits to lure shoppers to come after casting their ballots.Galleria Department store gave out gift certificates, free ice cream and 10 percent-off coupons for those who voted, as part of the vote day promotion event. Galleria delayed the store opening on We
Industry June 13, 2018
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[US-NK Summit] Unlike Singapore, Korean F&B firms careful about Trump-Kim marketing
While Singaporean food and beverage businesses cashed in on the historical US-NK summit by releasing products from the Trump-Kim burger to “Rocket Man” taco, South Korean F&B companies were more cautious about joining the celebratory mood.“It is surely a historical moment that we all wanted to see, but I think it is still early to launch related products celebrating the historical moment of the two leaders,” an industry insider told The Korea Herald. Trump-Kim burger (Royal Plaza on Scott Face
Industry June 12, 2018
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Alibaba vows to support Korean companies’ Chinese market foray
Chinese e-commerce giant Alibaba Group has vowed to support Korean companies in making successful forays into China’s expanding online market.It will empower Korean merchants with its new retail initiatives and allow them to leverage on Alibaba’s third-party mobile and online payment platform Alipay, the group said.Angel Zhao, president of Alibaba Global Business Group and vice president of Alibaba Group, speaks during a conference in Seoul on Monday.(Alibaba)During Alibaba’s conference on Monda
Industry June 11, 2018
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[Trending in Pairs] Food companies enjoy fashion moment
As they wage a marketing war for consumers’ attention and appetites, food companies are increasingly teaming up with fashion brands, leading to a boom in “food merchandise.”Brands see the collaborations as an entertaining experience for customers that increases opportunities to create a synergistic marketing effects to increase sales.Quirky, humorous and sometimes odd marketing has often been a successful public relations strategy for food companies. The fashion foray is the latest such tactic,
Industry June 10, 2018
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[Newsmaker] Tobacco firms rebut ministry’s claim that HNB cigarettes produce more tar
Heated debate ensued after the announcement by the Ministry of Food and Drug Safety of its safety results on recently popular heat-not-burn e-cigarettes on Thursday, which found the products to be equally, if not more, harmful compared to traditional cigarettes. “I have always thought a HNB cigarette is a better option for chain smokers like me. I have invested some 100,000 won ($93) for getting the device in the beginning, and now I’m thinking about reselling the device,” said 37-year-old Kim D
Industry June 7, 2018
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[Eyes On] How bad will it get for Korean Air?
Following a string of incidents involving the misconduct of members of Korean Air’s owner family, employees from the country’s largest air carrier are unable to mask their cynicism.“This too shall pass -- somehow -- is what we all think,” a Korean Air flight attendant told The Korea Herald, referring to the latest allegations surrounding Lee Myung-hee, wife of Hanjin Group Chairman Cho Yang-ho, and their two daughters Cho Hyun-ah and Cho Hyun-min. Hanjin is the holding company of Korean Air and
Industry June 6, 2018
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