[News Space=Reporter seungwon lee] Harvard Business School students in the United States learned about and discussed the innovative growth case of Olive Young, a representative K-beauty channel. CJ Olive Young (hereinafter referred to as Olive Young) announced on the 16th that a case study on Olive Young's competitiveness in contributing to the revitalization of the K-beauty industry ecosystem centered on small and medium-sized businesses by introducing the first multi-brand beauty & health channel in Korea was adopted as a textbook at Harvard Business School in the United States. As Korea
[News Space=Reporter seungwon lee] New Balance, a global sports brand that has surpassed 1 trillion won in sales in Korea, announced on the 17th that it will extend its licensing agreement with E-Land World, with which it has maintained a long-standing partnership in Korea. This decision is based on New Balance’s strong trust in Korean consumers and the strategic importance of the Korean market for continued growth. “We are delighted to extend our long-standing partnership with New Balance,” said Cho Dong-joo, CEO of E-Land World. “This agreement once again emphasizes the importance of the Kor
[News Space=Reporter seungwon lee] Amorepacific received the highest grade of A in both the Climate Change and Water Security sectors in the Carbon Disclosure Project (CDP) evaluation. CDP is a global initiative led by financial investment institutions around the world to request companies to disclose environmental management information. Based on the information disclosed by companies every year, it has the world's largest environmental database, and supports financial institutions around the world to use it as meaningful information for decisions such as corporate investment and lending, the
[News Space=Reporter seungwon lee] Nongshim is establishing a European corporation and establishing a business base to conquer the European market. Nongshim announced that it will establish a European corporation, Nongshim Europe BV, in Amsterdam, the Netherlands in March. The Netherlands, where Nongshim’s European corporation will be located, has the Port of Rotterdam, which is the largest in terms of cargo volume in Europe, and also has excellent railway and land transportation networks connected to the port, making it a country with excellent logistics infrastructure targeting all of Europe
[News Space=Reporter seungwon lee] The new mechanism of action innovative new drug candidate 'IL21120033' currently under development by iLeadBMS (CEO Jae-Jun Lee), a new drug research and development company of Ildong Pharmaceutical Group, has received orphan drug designation (ODD) for idiopathic pulmonary fibrosis (IPF) from the U.S. Food and Drug Administration (FDA). IL21120033 is an anti-fibrotic new drug candidate based on a small molecule compound that acts on CXCR7 (CXC chemokine receptor 7), which is closely involved in inducing fibrosis and inflammation of living tissues among the re
[News Space=Reporter seungwon lee] Kyochon F&B saw its operating profit drop by nearly 40% last year despite a slight increase in sales. In addition, its net profit plummeted by 95.8% to 500 million won. There are observations that a decline in the stock price and overall financial performance will inevitably be a blow. Kyochon F&B announced on the 12th that its consolidated sales for last year increased by 8% year-on-year to KRW 480.6 billion. The company explained that consumer demand is recovering and its global business is doing well through continuous strengthening of overseas bus
[News Space=Reporter seungwon lee] Dongwon Systems (CEO Cho Jeom-geun) announced its performance on the 11th, saying that it achieved consolidated sales of KRW 1.3343 trillion and operating profit of KRW 91.9 billion last year. (Separate sales of KRW 1.2301 trillion and operating profit of KRW 81.2 billion) Compared to 2023, sales and operating profit increased by 4.5% and 13.7%, respectively. This is because the performance was driven by the even growth of Dongwon Systems' materials, packaging, and secondary battery divisions, and especially the growth of high value-added products such as fle
[News Space=Reporter seungwon lee] On the 12th, KAI (Korea Aerospace Industries) held a 'K-AI Day' seminar to strengthen competitiveness in the aerospace SW field at its headquarters development center in Sacheon, Gyeongsangnam-do. K-AI Day was held to share the status of core platform development of domestic and foreign companies related to data analysis and AI technology development and to seek strategic cooperation plans between companies to strengthen SW development capabilities. KAI, Conan Technologies, Meisa, and other domestic companies, as well as key AI executives from Palantir, a big
[News Space=Reporter seungwon lee] Daewoong Pharmaceutical achieved the 'triple crown' by recording the highest sales, operating profit, and operating profit ratio ever for two consecutive years. Daewoong Pharmaceutical (CEO Lee Chang-jae and Park Sung-soo) announced on the 10th that it has once again renewed its best performance since its establishment in just one year with sales of KRW 1.2654 trillion, operating profit of KRW 163.8 billion, and an operating profit ratio of 13% on an individual basis in 2024. In particular, operating profit grew by 23% year-on-year, and the operating profit r
[News Space=Reporter seungwon lee] CJ CheilJedang announced on the 10th that it recorded sales of KRW 17.871 trillion (-0.1%) and operating profit of KRW 1.0323 trillion (+26%) last year. Sales in the fourth quarter were KRW 4.475 trillion and operating profit was KRW 219.9 billion, up 39.2% year-on-year. (Excluding Korea Express) CJ CheilJedang also disclosed its consolidated performance including Korea Express on the 10th. It recorded sales of KRW 29.3591 trillion (+1.2%) and operating profit of KRW 1.553 trillion (+20.2%). The food business division posted sales of KRW 11.353 trillion (+0.8
서울시 서초구 사평대로 140 코웰빌딩 B1, 318호 | 대표전화 : 0505-546-0505 | 팩스 : 0505-548-0505
제호 : 뉴스스페이스(NewsSpace) | 등록번호 : 서울 아 54727 | 등록일 : 2023-03-07 | 발행일 : 2023-03-07 | 발행·편집인 : 이현주 | 청소년보호책임자 : 김정영
Copyright © 2024 뉴스스페이스(NewsSpace). All rights reserved.
UPDATE: 2025년 06월 17일 11시 01분
