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Korean food companies are reaching out to consumers through face-to-face encounters at their own branded cafes and restaurants. And they are reaping the rewards: upgrading their company image, testing new products and increasing sales. Binggrae gave its…
Lotte Confectionery Co., a unit of South Korean retail giant Lotte Group, said Wednesday that Lotte’s Japan operation will increase its stake in the affiliate, a move seen as part of efforts to cement the incumbent group chairman’s grip in the conglomerate…
Korean retail giant Lotte Group’s confectionary affiliate said Wednesday that Japan-based Lotte Holdings has offered to buy 259 billion won ($219.6 million) worth of shares in the firm, a move that will help the group chairman strengthen his control amid a…
