Lotte to Unify Its Fashion Businesses Under Apparel Arm

SEOUL, Apr. 4 (Korea Bizwire) — South Korean retail giant Lotte said Wednesday it will unify the management of its scattered fashion businesses under the group’s apparel affiliate to improve its competitiveness in the local market. Lotte Shopping Co., the operator of the conglomerate’s department store chain, has decided to transfer its global fashion business [...]