Lotte Group plans to sell 18 outlets of Lotte Department Stores and Lotte Mart to overseas investors in a bid to secure 1 trillion won in additional liquidity. The sale also reflects Group ...

The biggest travel retailer in the South Korean market, Lotte Duty Free ... and this year the holiday takes place from September 16-18. It will see millions of Koreans on the move, traveling ...

Hotel Lotte Co., the key lodgings and duty-free unit of South Korea’s Lotte Group, is planning for its initial public offering to raise as much as 5.7 trillion won ($4.8 billion) in what could ...

This is well off the 2019 high of $18.8 billion and a worry for major downtown duty-free retailers like Lotte and Shilla. According to the Korean Economic Daily, both companies are in loss-making ...