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Biz & Tech

Retail & Food

Fri, November 27, 2020 | 09:31

Binggrae records strong sales with Dr. Capsule 1000

Binggrae records strong sales with Dr. Capsule 1000

Binggrae renewed its fermented milk product Dr. Capsule 1000 in August last year and it saw sales multiply by 20 times from January to September this year compared to the same period in 2019. The double capsule lactobacillus of Binggrae's fermented milk product protects lactobacillus probiotics from stomach acid and bile and helps it safely reach the intestine.

2020-11-26 16:17

Dongsuh Foods hosts 15th literature award

Dongsuh Foods hosts 15th literature award

Dongsuh Foods held the 15th Scent of Life Dongsuh Literature Awards ceremony at the Westin Chosun Hotel in downtown Seoul, Tuesday, recognizing 484 works by female writers. Marking its 32nd anniversary this year, the literature award is the nation's largest award for amateur female writers. A total of 18,631 entries were submitted from May 25 to Oct. 5, and 484 pieces were se...

2020-11-26 16:16

Ministry may take action against Chanel executive

Ministry may take action against Chanel executive

In light of recently revealed claims of a decade-long sexual harassment scandal within Chanel Korea, the Ministry of Employment and Labor said that it is within its powers to take action against the company but, outside of what has been revealed through media sources, no victims have lodged official complaints of a labor law violation.

2020-11-26 09:06

Nongshim rolls out Shin Ramyun with tofu, kimchi

Nongshim rolls out Shin Ramyun with tofu, kimchi

Nongshim said Wednesday it has released a new edition of its best-selling Shin Ramyun instant noodles - Shin Ramyun Black Tofu Kimchi - in a bagged version.

2020-11-25 16:51

CJ CheilJedang sues Daesang over patents

CJ CheilJedang sues Daesang over patents

The country's top food company CJ CheilJedang has filed a 10 billion won lawsuit against consumer foods company Daesang Corporation to protect its property rights in the bio sector. Daesang allegedly infringed CJ CheilJedang's patent for its lysine production process and the company took action against Daesang in September.

2020-11-24 16:36

Herbalife holds online seminar to share insights on nutrition

Herbalife holds online seminar to share insights on nutrition

Herbalife Nutrition Korea hosted a webinar under the title of “e-Wellness Tour” on Nov. 19, inviting healthcare professionals, food science experts and relevant government authorities in an effort to share insights on nutrition and health issues, the Korean unit of the global nutrition company said Monday.

2020-11-23 16:50

Black Yak chairman to host cultural and educational project

Black Yak chairman to host cultural and educational project

Black Yak Chairman Kang Tae-sun has organized a long-term education and culture project named “GO BAC Some & Sum” to provide lectures and leisure programs to underprivileged children. Kang said the project aimed to create a channel to allow everyone to enjoy fair and equal educational and cultural opportunities.

2020-11-23 16:50

Goldman Sachs eyeing stakes in Olive Young

Goldman Sachs eyeing stakes in Olive Young

Following a number of private equity funds (PEFs) deciding to join the race to acquire a stake in Olive Young, Goldman Sach's PEF unit has become the latest to enter the fray, according to local banking industry sources, Monday.

2020-11-23 16:48

Retail giant E-Land closes nearly half of stores due to ransomware attack

Retail giant E-Land closes nearly half of stores due to ransomware attack

South Korean fashion and retail conglomerate E-Land Group said Sunday it has suspended operations at nearly half of its stores in the country due to a ransomware attack. The group said its corporate network system was attacked by ransomware early in the morning. Such a malware attack has forced 23 of its 50 branches of NC Department Store and NewCore Outlet to halt their oper...

2020-11-22 15:05

GS Retail to merge with GS Shop as survival bid

GS Retail to merge with GS Shop as survival bid

Every day the local e-commerce scene experiences an upheaval as the COVID-19 pandemic has changed people's shopping habits, moving them online. Coupang instantly gained momentum with its overnight Rocket Delivery service to become a leading player along with Naver, which was ranked No.1 in the market last year, beating out Coupang and eBay Korea with a gross merchandise value...

2020-11-22 09:33

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