[News Space=Reporter seungwon lee] Olive Young, the 'representative K-beauty platform', is making full-scale inroads into the US market to expand its global business. CJ Olive Young (hereinafter referred to as Olive Young) announced on the 4th that it established a local corporation, 'CJ Olive Young USA', in Los Angeles (LA), California, USA. The plan is to use the US as a forward base for leaping to the 'No. 1 global K-beauty platform' and accelerate the 'globalization of K-beauty' based on the experience and know-how contributed to creating the 'K-beauty industry ecosystem' in Korea. The Uni
[News Space=Reporter seungwon lee] Hanwha Ocean (CEO Kim Hee-chul) announced its performance of annual sales of KRW 10.776 trillion and operating profit of KRW 237.9 billion for 2024. Sales in 2024 increased by 45.5% year-on-year. Operating profit turned to a surplus for the first time in four years since 2020. Sales in the fourth quarter of 2024 were KRW 3.2532 trillion, and operating profit was KRW 169 billion. Reflecting the increase in operating days and sales from high-priced projects, sales in the fourth quarter of 2024 increased by 20.4% compared to sales in the third quarter (KRW 2.230
[News Space=Reporter seungwon lee] Samsung SDI today announced its final quarter and annual financial results for 2024. In 2024, Samsung SDI achieved annual revenue of KRW 16.59 trillion, with an operating profit of KRW 363.3 billion. Including the polarizer films business, which is stated separately as part of discontinued operations, the total revenue reached KRW 17.88 trillion with an operating profit of KRW 446.4 billion. In the fourth quarter, the revenue totaled KRW 3.75 trillion, while the company recorded an operating loss of KRW 256.7 billion. The battery business posted KRW 3.56 tril
[News Space=Reporter seungwon lee] LG Chem is strengthening its business competitiveness in the Thai aesthetic market. LG Chem announced on the 10th that it has begun full-scale sales of the PN (Polynucleotide) ingredient skin booster 'Vitaran (HP VITARAN, export name HP Cell VITARAN i)' in Thailand. Based on the direct sales network of the Thai corporation, following the cosmetic filler 'YVOIRE' that was first introduced in Thailand in 2021, it has expanded its aesthetic product line, and by maximizing the synergy between the two products, it is expected to gain further momentum in conquering
[News Space=Reporter seungwon lee] LG Energy Solution will exclusively supply cylindrical batteries to American solar electric vehicle startup Aptera Motors. LG Energy Solution announced on the 10th that it signed a three-party business agreement (MOU) with Aptera Motors and domestic battery pack manufacturer CTNS at CES 2025, the world's largest home appliance and information technology show held in Las Vegas, USA on the 8th (local time). Through this, the company has agreed to supply 4.4 GWh of cylindrical batteries (2170) to Aptera Motors for seven years from this year to 2031 and to active
[News Space=Reporter seungwon lee] LS Group Chairman Koo Ja-eun visited the world's largest electronics and IT exhibition 'CES 2025' for two days from the 8th to the 9th, continuing her streak from last year, to directly experience various new technologies and new products that incorporate cutting-edge technologies such as artificial intelligence (AI) and explore new business opportunities utilizing them. Previously, the next-generation superconducting innovation solution 'HyperGrid NX' jointly developed by LS Cable & System and LS Electric won the 'CES Innovation Award', and HyperGrid NX
[News Space = Reporter Jo Il-seop] Samsung SDI received favorable reviews from the global industry by showcasing innovative battery products and technologies at 'CES 2025', the world's largest electronics and IT exhibition held in Las Vegas, USA from the 7th to the 9th (local time). The customer invitation exhibition held at the Wynn Hotel in downtown Las Vegas showcased the latest products, including cylindrical batteries, square batteries for electric vehicles, and the SBB 1.5 product, a power ESS solution. In particular, the exhibition hall showcased representative battery-related products
[News Space=Reporter seungwon lee] Olive Young has proven its role as an 'incubator' and healthy 'growth booster' of the K-beauty industry by leading the expansion and globalization through close collaboration with domestic small and medium-sized beauty brands. CJ Olive Young (hereinafter referred to as Olive Young) announced on the 8th that among the brands that have entered the store, the number of brands that will record over 10 billion won in annual sales in 2024 has reached 100 for the first time. It has been about 10 years since the first 10 billion won brand was created in 2013. Among t
[News Space=Reporter seungwon lee] A rubber foreign object the size of a finger was found at a McDonald's Korea store in Gwangmyeong-si, Gyeonggi-do, causing controversy. According to a Newsis report on the 8th, consumer Choi visited a hamburger franchise store in Gwangmyeong-si, Gyeonggi-do on the 5th and while eating packaged ice cream, he chewed on something hard and spit it out immediately. Upon looking again, the foreign object was a black rubber the size of a pinky finger. In response to the absurd consumer's complaint, the store manager repeatedly apologized, saying, "It seems like the
[News Space=Reporter seungwon lee] From the end of last year to the beginning of this year, E-Mart and Traders have been embroiled in controversy over counterfeit products. E-Mart and Traders quickly took refund measures after a Stussy man-to-man sold by a partner company was embroiled in a controversy over whether it was a counterfeit product. According to the distribution industry on the 7th, the American street fashion brand Stussy is also popular among the younger generation in Korea. The man-to-man sold by partner company A at event spaces inside and outside E-Mart and Traders stores was
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UPDATE: 2025년 07월 01일 22시 45분
