Lotte Ventures, which develops and fosters start-ups, will spend 3 billion won ($1.6 million) to help start-ups enter overseas markets.
Retailers and fashion companies are choosing virtual influencers to promote their brands as these computer-generated personalities become popular with younger consumers globally.
Retailers are getting creative, or desperate, as they do battle with online shopping.
The Lotte Museum of Art in Jamsil, southern Seoul, has turned itself into a place of dreams. Its newly opened “Dreamer, 3:45am” exhibition presents artworks by five teams, each formed by a modern artist and a musician. The artists of the two ...
An "upcycled" tree on display at Lotte Department Store’s branch in Dongtan, Gyeonggi. According to Lotte Department Store, the tree is artwork by artist Im Jung-joo. It is part of a series titled “Noneloquent.”
Lotte Department Store is offering early retirement packages for employees who have been with the company 20 years or longer.
Lotte Shopping’s plan to buy a stake in Hanssem, the largest furniture seller in Korea, through a private equity group is expected to generate synergy effects for the Lotte Group that go beyond retail channels.
Zoos and aquariums now offer much more than exotic animals and ocean creatures. Gone are the days in the 1980s and '90s when zoos and theme parks would display animals purely for entertainment purposes, even allowing visitors to pet some of them.
Lotte Shopping was selected Friday as a strategic partner by IMM Private Equity in its acquisition of Hanssem.
Lotte Shopping is investing 299.5 billion won ($260 million) as part of a bid to acquire a stake in Hanssem, Korea’s largest furniture company.