Lotte’s holding company sets sail, but hurdles remain

Published: 12/10/2017
Lotte’s holding company sets sail, but hurdles remain
Source: WWW.KOREAHERALD.COM

Retail giant Lotte Group officially established its holding company Lotte Corp. on Thursday, marking the first step toward streamlining its governance structure to increase transparency. However, the conglomerate still faces significant hurdles before the new system finds stability. Lotte Chairman Shin Dong-bin (center) waves a flag bearing the new logo for Lotte Corporation at Signiel Seoul on Th

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