Reporter Kim Jae-heun Page 1

The Korea Times

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Reporter : Kim Jae-heun

Thu, January 28, 2021 | 14:32

AmorePacific aims for rebound through collaboration with Off-White

AmorePacific, Korea's largest cosmetics company, hopes to overcome its current slump by launching a new product in collaboration with Italian luxury brand Off-White. The new product, called “Protection Box,” is made up of limited-edition beauty products and fashion accessories. AmorePacific makes mask packs and lip balms, while Off-White produces face masks as well as the con...

Retail & Food | 2021-01-27 09:14

Pulmuone to expand food business in Vietnam

Since its entry into the Vietnamese market in December 2019, local food firm Pulmuone has established a foreign branch office in Hanoi and been expanding its business through local retailers. As of the third quarter of 2020, its accumulated sales had reached 51.61 million won ($46,850), quadruple the figure for the previous quarter.

Retail & Food | 2021-01-25 16:50

CJ-Keistone Partners deal talks collapse

The country's largest multiplex cinema chain CJ CGV is looking for new investors to take over its theater business after its sale talks with private equity fund (PEF) Keistone Partners were suspended.

Retail & Food | 2021-01-25 14:17

Outback raises prices again to prepare for sale

U.S. Australian-themed casual dining restaurant chain Outback Steakhouse has raised its prices again, in an attempt to maximize its profitability and put the company up for sale. This is drawing criticism from the public as the restaurant chain failed to notify customers in advance.

Retail & Food | 2021-01-24 16:37

Naver founder to target Google, Alibaba and Amazon

Naver founder Lee Hae-jin has been appointed as chairman of A Holdings, a joint venture established between Korean company Line Corporation and Japanese conglomerate SoftBank to compete with American and Chinese rivals including Google, Alibaba and Amazon.

IT | 2021-01-21 18:32

Uniqlo to make breakthrough with Jil Sander

Japanese casual wear brand Uniqlo is hoping to make its breakthrough here with a collaboration with Jil Sander.

Retail & Food | 2021-01-21 18:32

Gov't hit for ambiguous countermeasures on retailers

The government's recent anti-COVID-19 countermeasures imposed on local retailers are being criticized for their ambiguity. According to the quarantine authorities, all restaurants in the capital area must close for walk-in customers at 9 p.m. from Aug. 30 to Sept. 6 and they can only make food for takeout or delivery until 5 a.m.

Retail & Food | 2021-01-21 18:32

Collaborations between media, IT firms growing popular

Several domestic content providers and platform operators are working together to create synergy and strengthen their competitive power in the local market amid the prolonging COVID-19 pandemic. The coronavirus outbreak has forced many people to stay home under social distancing measures imposed to prevent spreading of the virus.

IT | 2021-01-21 18:31

Can Chung's personal social media marketing succeed?

Vice Chairman of Shinsegae Group Chung Yong-jin has recently been enjoying popularity on Instagram where he shares posts on his personal life and company products. On Saturday, Chung uploaded a video hinting at his debut as a YouTuber. The caption below read “YJ Log (Yong Jin's vlog) will be revealed next week.”

Retail & Food | 2021-01-21 18:31

Fastest EV charging station

Hyundai Motor opened the country's fastest electric vehicle charging station in Gangdong-gu, southeastern Seoul, Thursday, in collaboration with SK Networks. The move came after the so-called “battery meeting” between Hyundai Motor Group Chairman Chung Euisun and SK Group Chairman Chey Tae-won at SK Innovation's facility in Seosan, South Chungcheong Province, last...

Auto | 2021-01-21 18:30

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