Global Economic Times

2025.10.22 (Wed)
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Kering Sells Beauty Division to L'Oréal for €4 Billion Amid Gucci Slump

Paris – French luxury conglomerate Kering, owner of major brands including Gucci, Bottega Veneta, and Balenciaga, has announced the sale of its beauty business to French cosmetics giant L'Or
South Korean Department Store Industry Intensifies Competition for AI-Based 'Hyper-Personalized' Shopping

The South Korean department store industry is accelerating the development of 'hyper-personalized' custom services using Artificial Intelligence (AI). Leading this trend, Hyundai Department St

From Formal to 'Fine-Casual': Asia Pacific Embraces Culinary Comfort and Experience

SEOUL, South Korea — A seismic shift is underway in the Asia Pacific dining scene, with traditional fine dining making way for a trend dubbed "casual luxury." This is the core findin

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Gangwon Province Rolls Up Sleeves to Support Businesses in Former Coal Mining Areas: Kim Sungmoon Reporter; 2025.05.08

Kyeongnam Bank's 'Financial Dream Bus' Initiative: Bridging the Financial Inclusion Gap in Underserved Communities: ONLINE TEAM; 2025.05.08

Daesang's 'Kimchi Blast Tokyo 2025' a Resounding Success, Drawing 12,000 Enthusiasts: Yim Kwangsoo Correspondent; 2025.05.08

Grand Hyatt Jeju Elevates Culinary Landscape with the Debut of Authentic Shanghainese Restaurant 'Blue Dragon': Hwang Sujin Reporter; 2025.05.08

Air Serbia Reconnects Belgrade and Geneva, Boosting Connectivity and Catering to Growing Demand: Eugenio Rodolfo Sanabria Reporter; 2025.05.08

SoluM Solidifies Dominance in Swiss ESL Market with Expanded Exclusive Deal with Retail Giant Migros: Desk; 2025.05.08

KOTRA and Pohang City Spotlight Korean Biotech Innovation at Swiss Biotech Day, Paving Way for European Expansion: Desk; 2025.05.08

Daejeon to Leap Forward as a Central Hub for Startup Makers: KO YONG-CHUL Reporter; 2025.05.08

Chungnam Governor Kim Tae-heum to Share Carbon Neutrality Achievements and Seek Expanded Asian Cooperation: HONG MOON HWA Senior Reporter; 2025.05.08

Siheung City Boosts Local Economy and Seafood Consumption with Onnuri Gift Certificate Refund at Oido Market: Hwang Sujin Reporter; 2025.05.08

UNOX Korea Announces May Baking Class Series at Seoul Experience Center: Hwang Sujin Reporter; 2025.05.08

Samyang's Buldak Brand Dominates Dutch Retail Awards, Cementing K-Spicy Reign in Europe: Hwang Sujin Reporter; 2025.05.08

Nordic Embassies in Seoul to Host 'Nordic+Korea Innovation Days 2025': KO YONG-CHUL Reporter; 2025.05.08

GCCI and Envision Partner to Champion Diversity and Inclusion Through 'Dialogue in the Dark': Desk; 2025.05.08

Oracle Establishes Indonesia as AI Hub with Southeast Asia's Largest GPU Cloud Cluster: Desk; 2025.05.07

Korean Retailer GS Supermarket Pulls Out of Indonesian Market, Citing Unspecified Reasons: Graciela Maria Reporter; 2025.05.07

Mona Yongpyong Forges Strategic Alliances with Malaysian Hospitality and Golf Leaders in Global Expansion Bid: Desk; 2025.05.07

Boseong and Sabah Cultivate Cross-Cultural Ties Through Shared Love of Tea: Hwang Sujin Reporter; 2025.05.07

South Korea's Gyeongsangnam-do Province Forges Strong Ties in Turkey'sburgeoning Nuclear Energy Market, Securing $94.92 Million in Export Consultations: Yim Kwangsoo Correspondent; 2025.05.07

Aeon Group Embarks on Ambitious Expansion in Vietnam, Targeting 100 Mega-Stores by 2030: Ana Fernanda Reporter; 2025.05.07