SEOUL, March 2 (Korea Bizwire) — Instead of getting defensive, a receptive stance entailing an apologetic attitude is a more efficient approach for companies that are under fire and are subsequently attempting to cool public outrage on social media, research has found. A research team from UNIST examined Twitter data for 12 companies that were [...]
SEOUL, Jan. 12 (Korea Bizwire) – Caffe Bene, a local coffee franchise, filed for a court-led restructuring scheme on Friday after suffering from a protracted slump and mounting losses, the company said. Launched in 2008, Caffe Bene expanded to become one of the country’s largest coffee franchises, opening more than 1,000 stores in five years, [...]
SEOUL, May 12 (Korea Bizwire) – The Seoul Metropolitan Government is teaming up with major coffeehouse chains in South Korea for a new recycling project that will see a weekly dose of coffee grounds reused as fertilizer and disposable cups collected for recycling, as part of a new environmental initiative set to kick off next month. [...]
SEOUL, April 12 (Korea Bizwire) – Major franchise coffee shops in South Korea saw their revenue fall in 2015 in the face of tougher competition with cheap take-out coffee amid economic slowdown, heading to another tough year, data showed Tuesday. Homegrown coffee brands have sprung up in Asia’s fourth-largest economy over the past decade to [...]
SEOUL, Oct. 25 (Korea Bizwire) — South Korea’s coffee imports are expected to set a new annual record in 2015, the customs office said Sunday, driven by soaring demand from local consumers. Asia’s fourth-largest economy imported a record 102,500 tons of coffee in the January-September period, up 3.2 percent from the same period last year, [...]
SEOUL, March 9 (Korea Bizwire) – Caffe Bene, the top Korean coffee shop franchise, has chosen actor Kim Soo-Hyun as its global face, said the company on March 8. The company currently operates 1,500 shops in 12 countries. Kim Soo-Hyun has been chosen for his pan-Asian popularity, which will help Caffe Bene to make inroads in [...]
SEOUL, Jan. 27 (Korea Bizwire) — Lee Kwang-Soo, the Korean actor and model who is also dubbed the ‘prince of Asia,’ and has a huge fanbase, made a splash in Vietnam recently as he held an autograph session in Ho Chi Minh City. KingKong Agency, the company responsible for managing Lee Kwang-Soo’ schedule, announced on [...]
SEOUL, Aug. 7 (Korea Bizwire) – BC Card announced on August 5 that it is hosting a “Show off your own app menu” event on its Facebook page until August 11. The BC card application’s main page offers 22 menus arranged in a mosaic form. With the “modify menu configuration” feature of the app, the user [...]
SEOUL, Aug. 6 (Korea Bizwire) – Caffe Bene, Korea’s largest specialty coffee shop franchise, is sued by the Korean Fair Trade Committee for unfair trading practices including passing promotional cost on to café owners and limiting rights to choose interior designers. On August 4, Korea’s fair trading regulator ordered the coffee franchise to remedy its business [...]
SEOUL, June 13 (Korea Bizwire) – A special menu of a Korean coffee franchise prepared to cheer up the Korean national soccer team for the World Cup Games is gaining huge popularity in the U.S. Caffé Bene announced that 10,000 bowls of Choco Devil Bingsu (sweet ice flakes) were sold in its stores in the [...]