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Lotte Mart opens in Vietnam; 30 more by 2024

Indiaretailing Bureau -
To tap the Southeast Asian fast-growing retail market, Lotte Group, one of the leading South Korean business conglomerates, is learnt to invest around USD 5 billion to develop 30 supermarkets in Vietnam in the next 15 years. Launching its maiden...
Retail

South Korean retailer Lotte seeks Chinese retailer

Indiaretailing Bureau -
South Korean retail giant Lotte Group is seeking to acquire a discount retailer in China in an effort to expand its presence in the Chinese market. "Lotte Group plans to acquire a discount retailer in China to tap into the...
Retail

Lotte Mart likely to enter Indian market

Indiaretailing Bureau -
Lotte Mart set up an office in Delhi to study the domestic market, which suggests their interest in entering the Indian retail market. It is also on look out for Indian franchise partner to establish its discount stores. The...
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The Luxottica report card for 2022

A look at how the world’s largest eyewear company fared in terms of revenue growth in key regions across...
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