Articles by Kim Da-sol
Kim Da-sol
ddd@heraldcorp.com-
Homeplus runs market to help female entrepreneurs
South Korean supermarket chain Homeplus said it was running a pop-up market for three months to help female entrepreneurs promote their products. The market, called Women’s Good Market, operates at Homeplus’ Yeongtong outlet in Suwon, Gyeonggi Province, in a joint partnership with Gyeonggi Province’s Gyeonggido Job Foundation. Participating companies are selling their products at the Yeongtong outlet, rent-free and commission-free, for three months until Dec. 31, according to Homeplus. The Women
Industry Oct. 28, 2018
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Coupang to launch eco-friendly logistics service
E-commerce company Coupang said it will launch a special delivery service, starting with a new environmentally friendly delivery center in Daegu in November. Coupang Logistics Service, a Coupang subsidiary that recently received authorization from the Ministry of Land, Infrastructure and Transport to operate as a delivery service provider, will open the country’s first logistics and delivery center with charging stations for electric cargo trucks. After opening its initial branch in Daegu, Coupa
Industry Oct. 26, 2018
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Cafe24 launches e-commerce platform in Japan
South Korean e-commerce platform Cafe24 said Thursday it has launched an information technology solutions and services platform for Japanese business operators. The company said it launched the one-stop e-commerce solutions platform to provide online store-building, a payment gateway, logistics and marketing services. The company said it expects Japanese businesses of all sizes, from one-person operations to large-scale corporations, to now sell their products to billions of global consumers thr
Industry Oct. 25, 2018
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[팟캐스트] (270) 강서구 PC방 사건 피의자 ‘심신미약‘ 적용 논란, 롯데그룹 5년간 50조원 투자
진행자: 김다솔, Paul Kerry1. Internet cafe murder case fuels debate on mental health and violent crimes 기사요약: 서울시 강서구 PC방에서 벌어진 아르바이트생 피살 사건으로 ‘심신미약’ 감형을 둘러싼 논란이 갈수록 뜨거워지고 있다.아이튠즈(아이폰): https://itunes.apple.com/kr/podcast/koliaheleoldeu-paskaeseuteu/id686406253?mt=2 팟빵 (안드로이드): http://www.podbbang.com/ch/6638[1] A heated debate on mental health and its link to violent crimes is underway after a murder suspect requested that his medical history be considered to mitigate punishment. He had been medical
Podcast Oct. 24, 2018
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Asiana Airlines donates to school in Fujian
South Korean air carrier Asiana Airlines has supplied classroom equipment for local students in Fuzhou in China’s southeastern Fujian province, and delivered special lectures for young aspiring flight attendants, the company said Tuesday. Local students in Fuzhou, Fujian province, China pose for a photo with Asiana Airlines flight attendants during its “Beautiful Classroom” project. (Asiana Airlines)It was part of the airline’s “Beautiful Classroom” project, a corporate outreach campaign the co
Industry Oct. 24, 2018
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Lotte Confectionery buys Myanmar’s top bakery company
Lotte Group’s confectionery-making unit said Wednesday that it had acquired a bakery company in Myanmar to facilitate its penetration into the Southeast Asian market.According to the company, Lotte Confectionery will own an 80 percent stake in L&M Mayson Company for 76.9 billion won ($69 million).Established in 1996, L&M Mayson is the largest bread-making company in Myanmar with annual sales of approximately 35 billion won. It runs three manufacturing plants, 12 sales branches and 10 logistics c
Industry Oct. 24, 2018
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LG Household & Healthcare posts record-high Q3 performance
LG Household & Healthcare, South Korea’s No. 2 cosmetics and household goods maker in terms of sales, reported a record-breaking quarterly performance for its third quarter Tuesday. The company said it recorded 1.7 trillion won ($1.49 billion) in sales and 277.5 billion won operating profit in the third quarter this year. By sector, its cosmetics business saw 23.5 percent increase in sales year-on-year and 30.6 percent increase in operating profit. The performance was mainly driven by luxury cos
Industry Oct. 23, 2018
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Diageo launches brand campaign for low-alcohol W Signature
South Korean branch of British spirits maker Diageo Korea said Tuesday that it has launched a brand campaign for its low-alcohol W Signature spirit drink to encourage consumers to better understand it.(Diageo Korea)Under theme of “How Old Are You,” the campaign aims to encourage consumers to find out the age and value of the spirit drink they choose, so they can learn the meaning and importance of the age of low-strength spirit drink.The company said it expects consumers to better determine the
Industry Oct. 23, 2018
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Lotte Group announces W50tr investment plan for next five years
Lotte Group announced plans Tuesday to invest 50 trillion won ($44 billion) over the next five years, a move intended to quickly normalize the group’s business after its Chairman Shin Dong-bin returned to the helm after eight months away, upon being released from jail earlier this month.The retail-to-chemicals giant said it plans to invest 12 trillion won in 2019, the largest investment amount for a single year. Lotte Group Chairman Shin Dong-bin enters Lotte Group headquarters in Lotte World To
Industry Oct. 23, 2018
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LCCs to lead capacity growth for Korean aviation industry: Boeing
Low-cost carriers will continue to drive capacity growth in the Korean flight industry, which has expanded into the largest market in Northeast Asia, US aircraft manufacturer Boeing said Monday. According to Boeing, more than 70 percent of new Northeast Asian flight routes in the past three years were established by Korean LCCs. Randy Tinseth, vice president of marketing for Boeing commercial airplanes, speaks during a press conference held in Seoul, Monday. (Boeing)“LCCs are currently responsib
Industry Oct. 22, 2018
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French students learn innovation, market pioneering at Coupang
A group of students from French business school ESCP Europe in Paris visited South Korean e-commerce company Coupang last week to learn about the local e-commerce market and gain insight into the rapid growth of Coupang, the company said Sunday.Fifteen MBA students from ESCP visited Coupang’s headquarters Thursday during their five-day trip to Korea to meet with representatives of leading Korean e-commerce, beauty and automotive companies. Coupang’s Senior Director Patxi Gueracague speaks with s
Industry Oct. 21, 2018
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Angry franchisers sue Skinfood
Store operators of the financially struggling budget cosmetics brand Skinfood filed a lawsuit seeking compensation from the company in August, it was revealed Thursday. Four Skinfood franchisers asked the court to order Skinfood to compensate franchisers, citing poor management by Skinfood CEO Cho Yoon-ho, Skinfood confirmed. (Yonhap)In early October, Skinfood filed for court receivership because of its poor financial status. According to the regulatory filing, the company has been losing money
Industry Oct. 18, 2018
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Gimpo Airport reopens domestic terminals after renovations
Domestic terminals at Gimpo International Airport reopened Wednesday after decadelong renovations that cost 250 billion won ($222 million). The airport, which was built in 1980, underwent renovations in response to aging buildings, increasing numbers of domestic travelers and the rise of low-cost carriers, the Ministry of Land, Infrastructure and Transport said. Renovated domestic terminals at Gimpo International Airport (Yonhap)The 88,443 square-meter terminal will now enable passengers to qui
Industry Oct. 17, 2018
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1 in 10 coffee franchise shut down last year: data
Just over 1,000 coffee shops went out of business last year, reflecting the nation’s coffee franchise market in a saturated state, data showed Wednesday. According to local corporate tracker CEO Score, the total number of franchisees in Korea hit 87,540 as of the end of last year. The survey was based on a list of 118 franchise brands registered at the Korea Franchise Association. Among them, 11,198 were coffee and beverage chains -- the third largest number following convenience stores and frie
Industry Oct. 17, 2018
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ASEAN becomes center stage for Korean retail, beauty and entertainment biz
With Southeast Asia becoming the center stage for South Korean businesses in expanding their global presence, retail conglomerates like Lotte, Shinsegae and CJ have been successfully tapping into the markets.Lotte Group has focused its investments on its retail arm Lotte Shopping’s entrance to the Indonesian market. According to the company, the Indonesia market accounts for 17 percent of total sales earned from overseas Lotte Group businesses.Lotte Mart’s Batam outlet in Indonesia (Lotte Shoppi
Industry Oct. 15, 2018
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