Corporation
Lifestyle
'Corporate Restructuring Complete': Hyundai Department Store, 'ZINUS' Is the Final Piece of the Puzzle to Boost Group Value
#HYUNDAIDEPARTMENTSTORECO.,LTD has effectively completed its corporate governance restructuring following the recent delisting of HYUNDAI HOME SHOPPING NETWORK CORPORATION(057050), which had served as…
Lifestyle
“Strong Sales, but Disappointing Profits”… Beverage Industry’s Second-Quarter Profitability Plummets
Despite the World Cup and an early heat wave, the profitability of major domestic beverage companies has actually deteriorated. While sales increased slightly, driven mainly by sports drinks and carbo…
Lifestyle
How Major Appliance Retailers Are Surviving the Downturn... E-MART Co., Ltd. “Lifetime Care” and Electronics Land’s “MZ-Focused” Strategy
As the domestic home appliance market faces a slump due to high inflation and a deteriorating real estate market, the two major players in the home appliance retail sector— LOTTE Himart(071840)and Ele…
Lifestyle
“Potatoes to the South, Cocoa to Central and South America”… Food Companies Redraw Their Raw Material Sourcing Maps
The conventional wisdom—that potatoes come from Gangwon Province, napa cabbage from high-altitude regions, and cocoa from West Africa—is being challenged. As global warming and abnormal weather patter…
Lifestyle
HYUNDAI HOME SHOPPING NETWORK CORPORATION to Spin Off Investment Business Unit via Management Spin-off… to Be Merged into HYUNDAI G.F. HOLDINGS
HYUNDAI G.F. HOLDINGS(005440) Subsidiary HYUNDAI HOME SHOPPING NETWORK CORPORATION will carry out a spin-off of its investment and home shopping business divisions. The newly established investment co…
Lifestyle
LotteChilsungBeverage Reports 2nd-Quarter Operating Profit of 55.8 Billion Won… Down 10.4% Year-Over-Year
#LotteChilsungBeverage saw its operating profit decline by double digits in the second quarter of this year despite revenue growth, due to rising raw material prices and logistics costs. While the alc…
Lifestyle
CJ CheilJedang Corp to Foster Four Innovative Startups… to Pursue Overseas Business Pilots
CJ CheilJedang Corp(097950)has selected four startups in the food, retail, materials, and robotics sectors to provide support for global business partnerships and investment.
Participants pose for …
Lifestyle
SANIGEN Co., Ltd. Selected for Government R&D Program... Begins Development of AI-Based Sepsis Treatment
SANIGEN Co., Ltd.(188260) SANIGEN Co., Ltd., a company specializing in microbial molecular diagnostics, is set to make a full-scale entry into the next-generation biopharmaceutical market, expanding b…
Lifestyle
PenetriumBio’s Anticancer Drug ‘Penitrium’ to Proceed Directly to U.S. FDA Phase 2a Clinical Trial
#PenetriumBio is accelerating the development of a treatment for intractable solid tumors as it enters U.S. clinical trials for its new anticancer drug candidate, “Penetrium.”PenetriumBio announced on…
Lifestyle
SEERS Enhances 'Think' Operating System… Raises Barriers to Entry for the Platform
(Photo courtesy of SEERS)
SEERS TECHNOLOGY(458870), a wearable AI diagnostic monitoring company, announced on the 5th that it has reorganized its operational structure into a business division sys…