News

Prosecutors said Monday that they have indicted Lotte Group Chairman Shin Dong-bin on bribery charges. He joins Lee Jae-yong, the heir to the Samsung business empire, who was indicted at the end ...
South Korea’s Lotte Duty Free has opened its first downtown duty-free store in Vietnam in the city of Da Nang, the coastal resort that has become a hot spot for South Korean travelers.
Kevin covers retail, airports, and the global traveling shopper. The biggest travel retailer in the South Korean market, Lotte Duty Free, is stepping up its promotional campaigns as it seeks to ...
SEOUL (Reuters) - A Seoul court on Friday found Lotte Group Chairman Shin Dong-bin guilty of breach of trust and embezzlement and sentenced him to 20 months in prison, suspended for two years ...
Lotte Group agreed last week to hand over a golf course to the South Korean government to house the THAAD system. Since then, at least 23 Lotte Mart stores across China have been shut down by ...
In a move that could reshape the South Korea exhibition landscape, the country’s respective second- and third-largest exhibitors — Lotte Cinema and Megabox — are set to merge. Today ...
SEOUL/SHANGHAI (Reuters) - Chinese authorities have closed nearly two dozen retail stores of South Korea's Lotte Group following inspections, ramping up pressure on the conglomerate amid a ...