Shinsegae
Shinsegae (, ) is a South Korean department store franchise, along with several other businesses, headquartered in Seoul, South Korea. The firm is an affiliate of Shinsegae Group, South Korea's leading retail chaebol, and one of the big three department store firms in Korea, along with Lotte and Hyundai Department Store. Its flagship store in Centum City, Busan, was the world's largest department store at , surpassing Macy's flagship Herald Square in New York City in 2009. Shinsegae was the first credit card company in South Korea. They issued their own charge card from 1967 to 2000. In 2000, Shinsegae sold their credit card division to KorAm Bank, which was later acquired by Citibank Korea. Shinsegae was originally part of the Samsung Group ''chaebol'', separated in the 1990s from the Samsung Group along with CJ Group (Food/Chemicals/Entertainment), Saehan Group (Electronic Media/Apparel/Textiles), and the Hansol Group (Paper/Telecom). The chairman Lee Myung-hee is the da ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Chaebol
A chaebol (, ; ) is a large industrial South Korean conglomerate run and controlled by an individual or family. A chaebol often consists of multiple diversified affiliates, controlled by a person or group whose power over the group often exceeds legal authority. Several dozen large South Korean family-controlled corporate groups fall under this definition. The term first appeared in English text in 1972. Chaebols have also played a significant role in South Korean politics. In 1988, a member of a chaebol family, Chung Mong-joon, president of Hyundai Heavy Industries, successfully ran for the National Assembly of South Korea. Other business leaders were also chosen to be members of the National Assembly through proportional representation. Hyundai has made efforts in the thawing of North Korean relations, despite some controversy. Many South Korean family-run chaebols have been criticized for low dividend payouts and other governance practices that favor controlling shareho ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Chung Yong-jin
Chung Yong-jin (; born 19 September 1968) is a South Korean billionaire businessman, the vice chairman and former CEO of Shinsegae Group. Personal life and family He is the only son of Lee Myung-hee, chairwoman of Shinsegae Group and grandson of Samsung founder Lee Byung-chul. He is the cousin of Samsung Group chairman Lee Jae-yong and CJ Group chairman Lee Jay-hyun. He married Go Hyun-jung on 1995, have 2 children - Jung Hae Chan on 2008 and Jung Hae In on 2000. They divorced on 2003. He gains custody of all children and share for Go Hyun-jung 1.5 billion Korea Won (in reference to his total assets assume at 30,000 billion Korea Won). It was announced in 2011 that he would marry Han Ji-hee after his divorce with Go Hyun-jung. He's known in the South Korean business world to freely communicate with the public via social media. Education Chung graduated from Kyungbock High School. He has a Bachelor of Arts in Economics from Brown University Brown University is a privat ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Samsung
The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ''Samsung'' brand, and is the largest South Korean (business conglomerate). Samsung has the eighth highest global brand value. Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, textiles, insurance, securities, and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth. Following Lee's death in 1987, Samsung was separated into five business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group, and JoongAng Group. Notable Samsung industrial affiliates include Samsung Electronics (the wor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Samsung Group
The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ''Samsung'' brand, and is the largest South Korean (business conglomerate). Samsung has the eighth highest global brand value. Samsung was founded by Lee Byung-chul in 1938 as a trading company. Over the next three decades, the group diversified into areas including food processing, textiles, insurance, securities, and retail. Samsung entered the electronics industry in the late 1960s and the construction and shipbuilding industries in the mid-1970s; these areas would drive its subsequent growth. Following Lee's death in 1987, Samsung was separated into five business groups – Samsung Group, Shinsegae Group, CJ Group and Hansol Group, and JoongAng Group. Notable Samsung industrial affiliates include Samsung Electronics (the world ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Lee Myung-hee
Lee Myung-hee (; born 5 September 1943) is a South Korean business magnate and the chairwoman of the Shinsegae Group. She is the youngest daughter of Lee Byung-chul, founder of the Samsung Group and the sister of the former late chairman Lee Kun-Hee. Lee became the company's chairwoman in 1997 following its separation from Samsung and is credited for growing it into the country's second-largest retailer. With an estimated net worth of $840 million she is one of the wealthiest people in South Korea and was ranked 20th on Forbes 2017 list of 50 Richest Koreans. Biography Lee was born in Uiryeong County to Samsung founder Lee Byung-chul and his first wife Park Du-eul as the youngest of eight children. She attended Ewha Girls' High School and then majored in art at Ewha Womans University before marrying. After ten years of being a homemaker Homemaking is mainly an American and Canadian term for the management of a home, otherwise known as housework, housekeeping, housewifery ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
E-mart
e-mart () is the largest retailer in South Korea. There were 160 stores across the country as of December 2016. It was founded on 12 November 1993 by Shinsegae as the first discount retailer in South Korea. E-Mart is the oldest and largest discount store chain in Korea with total sales volume exceeding US$9.4 billion in 2009. With new store openings and acquisition of Wal-Mart Korea in 2006, E-Mart is enjoying its retail leadership in the discount store market. E-mart offers everything from food to clothes to diapers, and provides a very large variety of merchandise. E-mart has a website, where products can be bought or viewed online. E-Mart is the first Korean retailer to open a retail store in China with the aim to become one of top leading global retailers. In January 2011, there were 27 stores in China. By February 2014, China's store count shrunk to 13 stores. History E-Mart opened its first store in Chang-dong, Dobong-gu, Seoul on November 12, 1993, and opened its first ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Mitsukoshi
is an international department store chain with headquarters in Tokyo, Japan. It is a subsidiary of Isetan Mitsukoshi Holdings, which also owns the Isetan department store chain. History It was founded in 1673 with the (shop name) , selling kimono. Ten years later in 1683, Echigoya took a new approach to marketing. Instead of selling by going door-to-door, they set up a store where buyers could purchase goods on the spot with cash. Mitsukoshimae Station on the Tokyo Metro is named after the adjacent Mitsukoshi department store. Mitsukoshi is the root of Mitsui group. In the 1970s, Mitsukoshi bought the Oriental Nakamura department store in Nagoya and re-branded them as . Genichiro Inokuma designed the wrapping paper in white and red. In August 2007, it was announced that Mitsukoshi would merge into Isetan, a major department store in Japan. Mitsukoshi was unlisted on March 26, 2008, and on April 1, it merged with Isetan under a joint holding company called Isetan Mitsu ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Busan
Busan (), officially known as is South Korea's most populous city after Seoul, with a population of over 3.4 million inhabitants. Formerly romanized as Pusan, it is the economic, cultural and educational center of southeastern South Korea, with its port being Korea's busiest and the sixth-busiest in the world. The surrounding "Southeastern Maritime Industrial Region" (including Ulsan, South Gyeongsang, Daegu, and some of North Gyeongsang and South Jeolla) is South Korea's largest industrial area. The large volumes of port traffic and urban population in excess of 1 million make Busan a Large-Port metropolis using the Southampton System of Port-City classification . Busan is divided into 15 major administrative districts and a single county, together housing a population of approximately 3.6 million. The full metropolitan area, the Southeastern Maritime Industrial Region, has a population of approximately 8 million. The most densely built-up areas of the city are situated in ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Lee Byung-chul
Lee Byung-chul (Korean: 이병철 12 February 1910 – 19 November 1987) was a South Korean businessman. He was the founder of the Samsung Group, which is South Korea's largest chaebol, and he is considered one of South Korea's most successful businessmen. He was a pioneer of modern entrepreneurship and was a beacon of national economic development for South Korea. Personal life Early life Byung-chul was the youngest son of four siblings to father Lee Chan-woo and mother Kwon Jae-lim. Byung-chul was the son of a wealthy land-owning yangban family (a branch of the Gyeongju Lee clan). He attended highschool at Joongdong High School in Seoul, and then college at Waseda University in Tokyo but did not complete his degree. Korean art collection After his death, Byung-chul's estate (Ho-Am) was opened to the public for tours. His collection of Korean art is considered one of the largest private collections in the country, featuring a number of art objects that have been desig ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Lee Byung-chull
Lee Byung-chul (Korean: 이병철 12 February 1910 – 19 November 1987) was a South Korean businessman. He was the founder of the Samsung Group, which is South Korea's largest chaebol, and he is considered one of South Korea's most successful businessmen. He was a pioneer of modern entrepreneurship and was a beacon of national economic development for South Korea. Personal life Early life Byung-chul was the youngest son of four siblings to father Lee Chan-woo and mother Kwon Jae-lim. Byung-chul was the son of a wealthy land-owning yangban family (a branch of the Gyeongju Lee clan). He attended highschool at Joongdong High School in Seoul, and then college at Waseda University in Tokyo but did not complete his degree. Korean art collection After his death, Byung-chul's estate (Ho-Am) was opened to the public for tours. His collection of Korean art is considered one of the largest private collections in the country, featuring a number of art objects that have been design ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Hansol
Hansol is a South Korean conglomerate, or chaebol. The corporation's main operations are paper products, electronics, chemicals, logistics, IT technology and solution services, household interiors, and construction. Hansol used to be a part of Samsung Group, and is still owned by one of the relatives of the Samsung and Shinsegae family. History On June 18, 2019, Hansol Paper and Iconex announced that the companies will withdraw the agreement of the Scades and R+S Hansol Paper promised to supply Iconex due to the United Kingdom's Competition and Markets Authority (CMA) extending the transaction process. In December 2019, Hansol Group set up a production company in Vietnam called Hansol Electronics Vietnam Hochiminhcity. An investment of 3.57 billion won was made into the operation. The Vietnam production company will begin Hansol's Liquid Crystal Module (LCM) business, which is produced by combining the Liquid Criystal Display (LCD) module with a blacklight unit. In 2020, H ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
|
Centum City
Centum City () is a major multi-project urban development part of Haeundae-gu, Busan, South Korea. It is also one of CBDs in Busan Metropolitan City. This site is at the westernmost area of Haeundae-gu in U-1-dong, Jae-song-dong. The site was originally the place of Suyeong Airport, the former airport of Busan. Centum City can be accessed by Busan Metro Line 2 at Centum City Station. Purpose Main purpose to make Centum City of Busan is three: # Promoting the industrial structure in Busan industrial areas. # Attracting the central management function in response to the globalization and information age in the 21st century. # Implementing projects to create information complexes reflected in Busan and Gyeong-nam development projects. Area * Phase 1 : 1,163,943.1 m2 (completed) * Phase 2 : 14,100.1 m2 (completed) Period * Sep. 1997 ~ Feb. 28. 2006 (Phase 1) * Sep. 1997 ~ Jun. 13. 2007 (Phase 2) See also * Shinsegae Centum City (the world's largest department stor ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |