What does the Lotte Family Concert mean?

A concert attended by artists from Lotte Company.

Overview of Lotte Group

Lotte Group is one of the five largest groups in Korea and one of the top 500 multinational companies in the world. With the strategy of globalization, we will vigorously develop retail, food, tourism, petrochemical real estate and finance in nearly 20 countries around the world. Lotte entered the China market from 1994, including food, retail, tourism, petrochemical, construction, manufacturing, finance, service, film and television and many other fields.

20 17 On February 27th, South Korea's Ministry of National Defense said that Lotte Group decided to transfer the land of Star State Golf Course to South Korea's Ministry of National Defense to deploy the "Sade" anti-missile system. On March 2017 15, the South Korean Special Investigation Headquarters summoned two customs officials in charge of duty-free shops as witnesses for investigation. The analysis believes that the prosecution's move is paving the way for investigating Lotte and SK Group. Both groups are suspected of bribing Cui Shunshi, a close confidant of former President park geun-hye, to obtain a duty-free shop license.

On September 20 17 14, affected by the deployment of "sade" anti-missile system in south Korea, lotte mart's performance in China was bleak and it finally decided to sell its supermarket in China. Lotte Group wanted to maintain its business in China before, but it chose to sell Lotte Mart because of the "bleak future". From 20 17 10 1, Lotte will transform from a family business system to a holding company. ?

20 18 In May, 96 of Lotte Supermarket's 1 12 stores in China were sold, and another 14 stores were sold or closed down sporadically. 20 18 12 18, the World Brand Lab released "Top 500 World Brands of 20 18", and Lotte ranked 304th. ?

As of August 12, 2020, a cluster COVID-19 outbreak occurred in Lotte Lee, a fast food restaurant under Lotte Group. Nine employees have been diagnosed and seven stores in Seoul have been closed for disinfection.