liquor firms Archives | Be Korea-savvy

Liquor Firms Replace Gift Packages with Eco-friendly Material

SEOUL, Jan. 13 (Korea Bizwire) — Liquor companies in South Korea are releasing eco-friendly, limited editions of alcoholic beverages ahead of the Lunar New Year. A-Young Fortune Brands Co. released the All PaperBox gift set on Thursday with packaging made entirely of paper. Liquor gift sets normally include plastic material or plastic airbags to protect [...]

Liquor Firms Fare Badly in 2020 on Pandemic Fallout

SEOUL, April 14 (Korea Bizwire) — Liquor companies in South Korea performed poorly in 2020 as people consumed less alcohol due to the coronavirus outbreak, data showed Wednesday. Lotte Chilsung Beverage Co., a major maker of beer and soju, a Korean distilled liquor, saw its sales shrink 7.7 percent on-year to 2.16 trillion won (US$1.92 [...]