Back to Search Start Over

Hit by Political Crossfire, Lotte's China Exit Said to Stall (2).

Source :
Bloomberg.com; 2/13/2018, pN.PAG-N.PAG, 1p
Publication Year :
2018

Abstract

Lotte Group's efforts to sell its China stores have stalled as buyers aren't sure they will be able to run the outlets normally after government allegations of fire safety infractions, a company executive said. South Korea's largest department store operator, Lotte Shopping Co., has taken a sales hit in China over the past year after the group provided land for South Korea's deployment of the U.S. missile defense system known as Thaad. [Extracted from the article]

Details

Language :
English
Database :
Complementary Index
Journal :
Bloomberg.com
Publication Type :
Periodical
Accession number :
140664354