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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Hyundai Department Store Partners with Marina Bay Sands for VIP Customer Benefits: Hwang Sujin Reporter; 2025.04.23

Kangwon National University GTEP Team Achieves Success at FHA-Food & Beverage 2025 in Singapore: Eugenio Rodolfo Sanabria Reporter; 2025.04.23

Daejeon Forges Alliance for Fair Labor Practices in Landmark Joint Declaration: HONG MOON HWA Senior Reporter; 2025.04.23

World-OKTA Stands Firm with Andong: Business Convention Proceeds to Fuel Post-Wildfire Recovery: KO YONG-CHUL Reporter; 2025.04.23

Daejeon Launches Initiative to Integrate Young Professionals into Industrial Hubs: HONG MOON HWA Senior Reporter; 2025.04.23

Chungnam CCEI Center for Creative Economy and Innovation to Help Climate Tech Startups Enter the European Market… Recruiting Participants for the ‘Global Accelerating Support Program’: HONG MOON HWA Senior Reporter; 2025.04.23

Chungnam Province Enhances Capabilities of Social Welfare Officials: HONG MOON HWA Senior Reporter; 2025.04.23

Amidst Tariff Storm, Export Target Exceeded by 13 Times at Epicenter < MOU Signing >: KO YONG-CHUL Reporter; 2025.04.23

Starbucks Introduces 'Buy One, Get One Half Off' Coffee Deal, Potentially Reshaping the Market: Hwang Sujin Reporter; 2025.04.22

Google Faces Antitrust Scrutiny Over AI, Allegedly Pays Samsung Enormous Sums: Ana Fernanda Reporter; 2025.04.22

Bolivia Exports First Chia Seeds to China, Opens New Market Beyond US Tariff Barriers: Desk; 2025.04.22

Altenar Prepares for GAT Expo 2025, Presents Successful Strategy for the Colombian Market: Desk; 2025.04.22

The Rise and Lessons of Brazil and India's Instant Payment Systems: Implications for Global Financial Innovation: Ana Fernanda Reporter; 2025.04.22

Busan City Launches Collaborative Design Project for Young Designers and SMEs: Hwang Sujin Reporter; 2025.04.21

Figma, Valued at $20 Billion in Just 10 Years, Challenges the Stock Market with IPO: KO YONG-CHUL Reporter; 2025.04.21

Ciudad del Este Enjoys Easter Shopping Boom as Argentine Tourists Flock In: Eugenio Rodolfo Sanabria Reporter; 2025.04.21

Cheonan City Explores 'Global Cheonan' Vision in the U.S., Seeking Overseas Market Expansion: HONG MOON HWA Senior Reporter; 2025.04.21

Dream Taxis Take to the Streets of Daejeon: A New Era for Urban Transportation: HONG MOON HWA Senior Reporter; 2025.04.21

23rd World Korean Business Convention Concludes Successfully in Atlanta, Forging a Global Korean Business Network: Kim Sungmoon Reporter; 2025.04.21