[News Space=Reporter seungwon lee] HAZZYS, the flagship brand of lifestyle and culture company LF, is entering the Indian market, a country with a population of 1.4 billion. Celebrating its 25th anniversary this year, Hazzys, which is accelerating its global expansion, plans to take a second leap forward by focusing on the Indian fashion market, which is emerging as a new golden market for domestic fashion companies, with a focus on 'high-end casual'. LF announced on the 27th that it recently signed a strategic export contract for Hazzys with Asian Brands Corp, a local Indian company. Through
[News Space=Reporter seungwon lee] Hyun-beom Cho, Chairman of Korea & Company Group, ordered a company-wide review and implementation of global strategies with an emphasis on strengthening the nation's core technological capabilities and responding to global uncertainty in the Trump era. This is the first public message to properly execute the global market strategies of Hankook & Company Battery (ES Division) and Hankook Tire, such as expanding the premium lineup in line with market changes and strengthening sales, distribution, and technological competitiveness. The Korea & Compa
[News Space=Reporter seungwon lee] An absurd incident occurred where Hanwha Life Insurance did not allow shareholders to enter the shareholders’ meeting, creating a situation similar to ‘martial law.’ It is pointed out that this is a clear violation of shareholder rights by preventing shareholders from attending the meeting where the company’s major management matters were explained and approved. At the shareholders’ meeting held on the second floor of the main building of Hanwha Financial Center 63 in Yeouido, Seoul on March 20, shareholders who appeared to be company employees were seated in
[News Space=Reporter seungwon lee] Hyosung Group Chairman Cho Hyun-joon and HS Hyosung Group Vice Chairman Cho Hyun-sang received the highest compensation among domestic conglomerate heads, regardless of the company’s performance and stock price. The combined compensation of the two brothers’ salaries and bonuses amounts to a whopping 40 billion won. This is in stark contrast to Samsung Electronics Chairman Lee Jae-yong, who has been managing the company without compensation since 2017 in order to save it, which is going through a difficult time due to worsening performance. Vice Chairman Cho
[News Space=Reporter seungwon lee] On the 21st, the day after defense company Hanwha Aerospace announced a plan to increase capital by 3.6 trillion won, the stock prices of Hanwha Group companies, including Hanwha Aerospace, Hanwha, Hanwha Systems, Hanwha Solutions, and Hanwha Ocean, all fell. Issuing new shares of its own stocks can be an easy way for companies to raise capital. However, existing shareholders inevitably suffer losses due to dilution of their stakes. The indiscriminate and unilateral capital increases used by unprofitable bio companies and some companies facing financial crise