Shin Dong Bin

Retail Asia20/10/2016

South Korean prosecutors will file charges on Wednesday against Lotte Group’s chairman, Shin Dong-bin, father and brother alleging they committed offences such as embezzlement and breach of trust worth hundreds of millions of dollars at the family-owned conglomerate, as reported on Tuesday. Closing a wide-ranging probe into corruption that has convulsed Korea’s fifth-largest conglomerate, prosecutors will […]

Retail Asia15/06/2016

A series of prosecution probes on alleged embezzlement and malpractice in subsidiaries of Korea’s retail giant Lotte Group hints that the nation’s fifth-largest family-controlled conglomerate’s chairman Shin Dong-bin may be questioned as well.A high-ranking official at Seoul Central District Prosecutor’s Office didn’t rule out the possibility that prosecutors may issue an arrest warrant; however, the […]

Retail Asia01/03/2016

South Korean confectionery manufacturer Lotte Group is planning an eCommerce joint venture with one of Indonesia’s largest conglomerates, the Salim Group, within the next few months with the aim of being up and running by early next year. This follows a new government policy on eCommerce that opens up a market of nearly 250 million […]

Retail Asia05/08/2015

Turmoil has erupted atop South Korea’s largest retail giant Lotte Group, shining a spotlight on one of the biggest family feuds the country has seen. The week began with 92-year-old Lotte founder Shin Kyuk Ho and his eldest son flying to Japan to fire a group of senior managers at a key unit, a maneuver […]

Tag: Shin Dong Bin

South Korea prosecutors to indict Lotte chairman, father and brother in corruption probe

Will Lotte Chairman Shin Dong-bin be questioned?

Lotte Group in Indonesian confectionery push

Lotte Group Founder Loses Japan CEO Title Amid Succession Battle