[News Space=Reporter seungwon lee] On the fourth anniversary of the death of the late Ourhome founder Chairman Koo Ja-hak, his youngest daughter and former Ourhome Vice Chairman Koo Ji-eun took a direct jab at Hanwha Group's third son, Hanwha Hotel & Resorts Vice President Kim Dong-sun, stating, "We cannot even get back my father's belongings." This case, in which deep longing for a father clashed with demands for the return of his belongings, goes beyond a simple family feud and raises the weighty question of 'who has the right to possess the founder's memory.' "My father who liked the re
[News Space=Reporter seungwon lee] Although Lululemon Atlantica Korea (LLC) (CEO Gareth Daniel James Popp) achieved outward growth by surpassing 200 billion won in sales last year, critics point out that it is a "hollow shell" lacking substance. With an operating profit margin of only around 5%, massive payments for merchandise purchases and commission fees flowing to Hong Kong affiliates, the company appears to be primarily focused on enriching the headquarters. On top of this, a surge in inventory assets and litigation risks have compounded the situation, raising warning signs regarding its
[News Space=Reporter seungwon lee] The profitability of global PR consulting firm Edelman Korea (CEO Trevor Kennistully, Samhwa Tower, Euljiro 5-gil, Jung-gu, Seoul) is plummeting. While sales fell by more than 13% last year, net profit dropped by a whopping 63%, effectively being cut in half. Even as the profitability of the core business deteriorated, with the operating profit margin plummeting to the 2% range, it was revealed that 3.3 billion won—equivalent to 4.5 times the operating profit—was paid to overseas headquarters and affiliates for consulting and management services, raising cont
[News Space=Reporter seungwon lee] ABC Mart Korea's (CEO Lee Ki-ho) 2025 performance revealed the typical image of an "empty shell," with profitability rapidly deteriorating amidst stagnant revenue growth. Even in a crisis situation where net profit plummeted by 23% and inventory assets surged by more than 20%, the distorted governance structure—in which billions of won in royalties flow out steadily every year to the Japanese parent company (ABC-MART INC), which holds a 99.96% stake—is a fatal painpoint threatening the company's long-term survival. Despite facing restructuring bills such as t
[News Space=Reporter seungwon lee] With the launch of its new desk clock, 'The Clock,' Balmuda has introduced a product that is an 'experience of time' rather than a home appliance. By eliminating the hour and minute hands and combining 75 LEDs with stereo sound, white noise, and a relaxation mode, it has effectively declared a new category of "a tool for good time." The hardware of 'good time' as described by Balmuda The Clock is a compact desk clock that fits in the palm of your hand, measuring 7.5 cm on each side and weighing approximately 200 g. It is a battery-based personal device that c
[News Space=Reporter seungwon lee] It has been revealed that Herbalife Korea (CEO Jeong Seung-wook, I-Castle Building, 706 Nonhyeon-ro, Gangnam-gu, Seoul) paid tens of billions of won in dividends and royalties to its U.S. headquarters despite poor performance last year, in which both sales and operating profit declined. In particular, concerns are growing regarding the deterioration of the company's financial soundness, as retained earnings plummeted while the company paid high dividends amounting to three times its net profit. "A corporate financial analysis expert pointed out, 'As a distort
[News Space=Reporter seungwon lee] Infurness (CEO Kwak Sung-moon), which imports and sells the high-end premium bed 'VISPRING (UK)' used by famous celebrities and chaebol figures, recorded a shocking deterioration in performance, with sales in 2025 plummeting by 18% compared to the previous year and operating profit plunging by a whopping 56%. In particular, under a closed owner-dominated governance structure in which the CEO holds 100% of the shares, a structural problem has surfaced where profits flow directly to the CEO personally, as the company consistently pays an annual rent of 1.0782 b
[News Space=Reporter seungwon lee] Outdoor brand Eider (CEO Jung Young-hoon, 174-14 Jagok-ro, Gangnam-gu, Seoul) recorded sales of 223.1 billion won in 2025, showing negative growth compared to the previous year. While operating profit increased slightly to 16.4 billion won, it is pointed out that serious risks are lurking behind the scenes. In particular, the opacity of the corporate governance and cash flow has come under fire, including allegations of awarding contracts to a private company owned by the third-generation owner, a 60 billion won long-term loan to competitor Nepa, and massive
[News Space=Reporter seungwon lee] A serious incident has occurred in which a funeral service company, which is supposed to manage customers' advance payments, invested in a leveraged cryptocurrency ETF and ended up with an unrealized loss of 49.3 billion won. This incident is interpreted not merely as a simple investment failure by a single company, but as a governance failure that erodes trust capital. Bumolove, Korea's seventh-largest mutual aid society, invested 59.5 billion won in operating funds into the T-REX 2X Long BMNR Daily Target ETF (BMNU) in its 2025 audit report, causing its yea
[News Space=Reporter seungwon lee] BeerK (CEO Lee Young-seok), known as the importer of Tsingtao beer, recorded sales of 41.4 billion won and an operating profit of 1.2 billion won in 2025, successfully turning a profit after escaping a massive deficit in the previous year. However, looking behind the improved performance, it is pointed out that there is still a long way to go to improve profitability, as there are numerous financial pain points, such as advertising expenses that surged 81% year-on-year, a low operating profit margin that remains in the 2% range, and accumulated losses exceedi