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Reporter : Lee Hyo-sik
Sat, June 3, 2023 | 22:59
Pernod Ricard Korea to bolster consumer engagement, offer products for Gen MZ
Korea's imported liquor market has seen a steady increase in sales over the past year as more and more young consumers here turn to whisky and other types of hard liquor. Pernod Ricard Korea (PRK) has been riding high on the trend, posting a 32.5 percent increase in sales last year from 2021.
FILA reinvents its own game
Amid the high-rises and historic palaces surrounding Seoul's Gwanghwamun Square, the old and new met earlier this month in an unconventional way.
Can Korea end its love affair with Louis Vuitton, Chanel, Hermes?
Louis Vuitton, Chanel and Hermes, three of the most popular foreign luxury goods brands here, made headlines last week when they were found to have earned hundreds of millions of dollars in profit in Korea last year only to send most of it to their headquarters abroad. According to their audit reports compiled and released by the Financial Supervisory Service, however, the three made no or little social contributions in Korea.
Dongsuh Foods chairman honored for contribution to local food industry
Dongsuh Foods Chairman Kim Suk-soo won the Gold Tower Order of Industrial Service Merit, which is awarded by the government to people who have made notable contributions to the development of the nation's economy, according to Korea's largest instant coffee mix maker, Thursday.
Musinsa joins list of world's most innovative companies for 2023
Musinsa has been named as one of the world's most innovative companies for 2023 by Fast Company ― the world's leading business media brand based in New York ― Korea's largest online fashion platform said Friday.
Korea's plunging birthrate hits home
It's no longer surprising to hear that Korea's birthrate has plunged to the world's lowest and continues falling as more and more young people choose not to have babies. Over the past two decades or so, the government has spent nearly 400 trillion won ($308 billion) to encourage Koreans to get married and have children, but to no avail.
Korean Air CEO wins ATW's excellence in leadership award
Walter Cho, chairman and CEO of Korean Air, has won the excellence in leadership award courtesy of Air Transport World (ATW), Korea's largest flagship carrier said Wednesday. Launched in 1974, the ATW awards are the most coveted honors that carriers and top executives can receive. This year's 49th award ceremony will be held in Istanbul, Turkey, on June 2.
Novelis named 'supplier of the year' by Hyundai Motor Group
Novelis, the leading sustainable aluminum solutions provider and world leader in aluminum rolling and recycling, said Tuesday that it received the “2022 Supplier of the Year” award from Hyundai Motor Group at the automaker's annual partnership day held Feb. 3.
S-Oil's New Year trek
S-Oil CEO Hussain Al-Qahtani, wearing a yellow winter jacket in center, poses with company employees after going on a walk at Seoul Grand Park in Gwacheon, Gyeonggi Province, Friday. Courtesy of S-Oil
Weber Shandwick names new head of Korea operations
Weber Shandwick, a global PR agency headquartered in New York, said Tuesday that it promoted Elizabeth Bae to the position of managing director of its Korea operations. Bae will report to Tyler Kim, CEO of its Asia Pacific office, and will oversee the operational and growth strategy of the Korean business.
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