Lotte Department Store Tops $744 Mil. in Foreign Customer Sales
5 Articles
5 Articles
Lotte Department Store tops $744 mil. in foreign customer sales
Lotte Department Store said its foreign customer sales nationwide surpassed 1 trillion won ($744 million) on Tuesday, making it the first Korean department store operator to reach the milestone. The retailer, which already exceeded last year's total of 734.8 billion won in July, attributed the growth to demand for luxury goods and Korean fashion, food and cultural experiences. Its Myeong-dong shopping district operations in central Seoul generat…
(Seoul = Yonhap News) Reporter Cho Min-jung = Lotte Department Store has surpassed 1 trillion won in sales to foreigners. Following the record-breaking annual sales to foreigners in July of last year, the company...
Lotte Department Store's sales to foreigners this year have surpassed 1 trillion won. This marks the first time a domestic department store has exceeded 1 trillion won in annual sales solely from foreigners. 'Lotte Town Myeongdong,' located in the Myeongdong commercial district which attracts a large number of foreign tourists, accounted for more than half of the total foreign sales. Lotte Department Store announced that as of the morning of the…
Cumulative sales from foreign customers visiting Lotte Department Store have surpassed 1 trillion won for the first time in the department store industry. This is attributed to the increase in department store spending driven by the rise in tourists visiting Korea. Lotte Department Store announced that as of the morning of the 6th, sales to foreign customers this year had exceeded 1 trillion won. Increase in foreign sales
[Digital Daily Reporter Wang Jin-hwa] Lotte Department Store has become the first in the domestic department store industry to surpass 1 trillion won in annual sales to foreign customers. With Myeongdong alone accounting for more than half of the total foreign sales, it was found that foreign consumption has expanded to areas such as Jamsil and Busan, and that consumption of K-fashion and K-food has increased alongside luxury goods. Lotte Depar…
Coverage Details
Bias Distribution
- 50% of the sources lean Left, 50% of the sources lean Right
Factuality
To view factuality data please Upgrade to Premium
