[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
[NewsSpace=Jack Moon] The factory and warehouse transaction market in South Korea showed a strong recovery at the end of 2024, marked by a slight increase in transaction volume and a sharp rise in total transaction value, driven by large-scale deals. According to an analysis by RSQUARE’s R.A. (RSQUARE Analytics), based on real transaction data from the Ministry of Land, Infrastructure, and Transport, there were 502 factory and warehouse transactions nationwide in December 2024, amounting to 1.86 trillion KRW. While transaction volume saw a modest 5.5% increase from November’s 476 transactions,
[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
[News Space=Reporter seungwon lee] As the stock price of HS Hyosung, which was separated from Hyosung Group, fell by about 70% compared to its initial price, it was confirmed that Vice Chairman Cho Hyun-sang, who leads HS Hyosung, received the highest compensation among domestic business leaders last year. He confidently surpassed business leaders CJ Lee Jae-hyun, Lotte Shin Dong-bin, HanWha Kim Seung-yeon, and Hyundai Motors Chung Eui-sun. Vice Chairman Cho received a total of 32.3 billion won from HS Hyosung and Hyosung last year. In addition to the salary and bonuses he received from Hyosun
[News Space=Reporter seungwon lee] There are many people in Korea and around the world who respect Yi Sun-sin, but perhaps no one loves Yi Sun-sin as much as this person. This is Chairman Yoon Dong-han of Korea Kolmar, a cosmetics manufacturing, development and production company. Chairman Yoon is a conscious businessman who uses his personal wealth to spread the word about Yi Sun-sin’s leadership and achievements and practices his love for his country and historical awareness. He established the ‘Seoul Yeohae Foundation’ named after General Yi Sun-sin, and signed a business agreement with Dae
[NewsSpace=Jack Moon] Concerns about an oversupply of logistics centers in the metropolitan area are easing. This is due to a significant decrease in new construction and a gradual filling of existing vacant spaces. However, rental rates have remained stagnant for the second consecutive year, as many logistics centers still struggle to secure tenants. According to RSQUARE Analytics (RA), a commercial real estate services company, the "2024 Second Half Metropolitan Area Logistics Center Market Report," released on the 12th, highlighted these findings. The report states that the new supply of lo
[News Space=Reporter seungwon lee] LS Group's US affiliate, Essex Solutions, is operating production lines at full capacity at its factories in Canada and Italy to respond to the rapidly increasing demand for special windings for transformers in North America and Europe. Special windings for transformers are seeing a surge in orders due to the recent increase in artificial intelligence (AI) data centers and the fact that approximately 70% of transformers in the U.S. are due for replacement. Driven by explosive orders, this business unit of Essex Solutions has recorded a compound annual growth
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 08월 20일 12시 41분
