SEOUL, Nov. 21 (Korea Bizwire) — French cosmetics giant L’Oreal SA said Monday it has launched a new skin care brand called Shihyo, with Hotel Shilla Co. and Anchor Equity Partners. The announcement comes after the trio announced in June they would co-invest in the launch of a new luxury beauty brand. Shihyo, which means [...]
SEOUL, Feb. 7 (Korea Bizwire) — Hotel Shilla’s long-planned project to build a hanok-style hotel near a historic site in Seoul has been given the green light and it is expected to break ground as early as in March, according to the relevant authorities Friday. The central district of Jung Ward announced that it recently [...]
SEOUL, South Korea, Jul. 8 (Korea Bizwire) — Trip.com, Ctrip Group’s global brand, signed a strategic agreement with Hotel Shilla in Seoul. Hotel Shilla has been one of South Korea’s leaders in hospitality for over 40 years. In the Memorandum Of Understanding (MOU) signed today, Trip.com and Hotel Shilla agreed to enhance their partnership [...]
SEOUL, April 3 (Korea Bizwire) – Hotel Shilla Co. said Tuesday it has accepted the airport operator’s offer to cut rental fees for its duty-free concessions at Incheon International Airport by 27.9 percent, a deal that could help the bottom line of the country’s second-largest duty-free operator. Incheon International Airport Corp. has also suggested adjusting fees to reflect the drop in the number of customers caused by the opening of a [...]
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, Dec. 20 (Korea Bizwire) – Hotel Shilla Co. won the right to operate a duty-free shop at an airport on South Korea’s southern resort island of Jeju, customs officials said Wednesday, amid growing hopes for the return of Chinese tourists. The operator of Shilla Duty Free was tapped to operate the outlet at Jeju International Airport for five years, beating its domestic rivals Lotte Duty Free and Shinsegae DF, according to [...]
SEOUL, Dec. 12 (Korea Bizwire) — Hotel Shilla Co. partially began operating its duty-free chain at the Hong Kong International Airport on Tuesday, expanding its overseas foothold in the business, the company said. The operator of Shilla Duty Free secured the business license for the fragrance, cosmetics and fashion accessories zone at the airport earlier [...]
SEOUL, Dec. 3 (Korea Bizwire) — South Korean hotel chains are targeting Southeast Asian countries to bypass tough competition at home and take advantage of the region’s fast-growing economy, industry watchers said Sunday. Industry watchers said Southeast Asia is an attractive market for local hotel chains as South Koreans also frequently visit the region for [...]
SEOUL, Nov. 9 (Korea Bizwire) – Expectations are running high ahead of a presidential summit between South Korea and China that China’s months-long economic retaliation over the politically charged THAAD anti-missile systems might be finally coming to an end. It was the agreement between foreign ministers from both countries last month to recover and improve the [...]
SEOUL, Nov. 7 (Korea Bizwire) – Hotel Shilla Co. said Tuesday it has opened another duty-free outlet at a new airport terminal in Singapore, as it attempts to expand its presence in the overseas market. The new outlet at Changi Airport’s Terminal 4 has 117 cosmetics and fragrance brands, including 16 South Korean ones, the [...]