Lotte Confectionery Archives | Be Korea-savvy
Lotte Confectionery Conducts 10-for-1 Stock Split

Lotte Confectionery Conducts 10-for-1 Stock Split

SEOUL, March 8 (Korea Bizwire) – Lotte Confectionery Co., a food unit that stands at a critical position in the cross-shareholding structure, plans to conduct a 10-for-1 stock split to boost trading among retail investors. According to the Korea Exchange and finance, investment industry, the board of directors of Lotte Confectionery decided to cut the face value [...]

Lotte’s Japan Unit to Jack up Stake in Korean Affiliate

Lotte’s Japan Unit to Jack up Stake in Korean Affiliate

SEOUL, Dec. 9 (Korea Bizwire) – Lotte Confectionery Co., a unit of South Korean retail giant Lotte Group, said Wednesday that Lotte’s Japan operation will increase its stake in the affiliate, a move seen as part of efforts to cement the incumbent group chairman’s grip on the conglomerate amid a succession feud. In a regulatory [...]

Lotte Found Guilty of Copying Snack Packaging of Japanese Snack Maker

Lotte Found Guilty of Copying Snack Packaging of Japanese Snack Maker

SEOUL, Aug. 24 (Korea Bizwire) – Lotte Confectionery, a unit of South Korea’s fifth-largest conglomerate Lotte Group, has been found guilty of copying a Japanese snack maker’s package design, a court ruling said Sunday. The Seoul Central District Court sided with Japan-based Ezaki Glico, which had lodged the suit against the South Korean confectionery firm to [...]