SPC Group’s Paris Baguette will break into Latin America.According to industry sources on April 9, Paris Baguette has begun to enter the Mexican market through its U.S. subsidiary. This means that the Korean bakery giant will penetrate the Latin American market for the first time.Paris Baguette is l
SPC Group’s bakery brand, Paris Baguette, announced on April 2 the opening of its 20th store in Singapore, located at Square 2.The new Singapore Square 2 store is situated on the first floor of the Square 2 shopping mall, which is connected to Novena Station. The Square 2 shopping mall is a complex
In an interview conducted on March 25 at the Pascucci Centro Seoul branch in the Jung district of Seoul, Chairman Mario Pascucci stated there is no bakery franchise of significant scale in Italy that can compete with Paris Baguette, expressing a strong desire to launch Paris Baguette in Italy as soo
Paris Baguette, a bakery brand of SPC Group (Chairman Hur Young-in), is making its entry into Italy.SPC Group announced that Chairman Hur Young-in met with Mario Pascucci, the CEO and third-generation founder of the Italian coffee brand Pascucci, who visited Korea on March 24 to sign a master franch
The South Korean government is gearing up for the successful launch of its own version of NASA, the Korean Aerospace Administration (KAA), set to open in May. The Ministry of Science and ICT reported on Jan. 29 that it has been engaging with major international space agencies, including the U.S. Nat
Celltrion Group revealed on Jan. 2 that it plans to divest the business rights, excluding domestic specialty pharmaceuticals, of the Primary Care sector in the Asia-Pacific region that it acquired from multinational pharmaceutical company Takeda Pharmaceutical in 2020. This split sale, which exclude
The public takeover bid for Hankook & Company by MBK Partners, in collaboration with Advisor Cho Hyun-sik of Hankook & Company, has fallen through.On Dec. 26, Ventura, the special purpose company (SPC) of MBK Partners Special Situation Fund (SS) No. 2, announced, “The public takeover of Hankook & Co
Paris Baguette, the bakery brand of SPC, has continued its global marketing efforts by launching an advertisement in the heart of New York City’s Times Square ahead of Christmas. This move comes after Paris Baguette had previously operated a Korean-language advertisement at the stadium of the French
Samsung Heavy Industries disclosed on Dec. 18 the arbitration tribunal’s decision regarding the damage compensation for defects in the cargo holds of two liquefied natural gas (LNG) carriers they built.On Dec. 15 (local time), the London arbitration tribunal ruled that Samsung Heavy Industries must
SK Innovation is set to embark on a mangrove reforestation project in Fiji. The project aims to contribute to solving the pressing environmental challenges that are national crises in the region, such as rising sea levels caused by global warming.SK Innovation announced that it had signed a Memorand
Financial authorities, including the Financial Services Commission (FSC) and the Financial Supervisory Service (FSS), have uncovered allegations of stock manipulation related to a Chinese company, hereinafter referred to as Company A, which is listed on the KOSDAQ in South Korea. These allegations s
SPC Group’s bakery brand, Paris Baguette, is set to make a full-fledged entry into the US$2 trillion halal market.SPC, a participant in the Presidential Saudi-Qatar Economic Delegation, announced on Oct. 24 that it had signed a joint venture partnership memorandum of understanding (MOU) for Paris Ba
On Oct. 22, SPC Group announced that Paris Baguette has surpassed 500 outlets worldwide.Paris Baguette has been on a roll, opening stores consecutively in places like Pennsylvania, New York, and New Jersey in the U.S.; Toronto, Canada; and Shanghai, Beijing, and Xi'an in China since last month. This
CJ Logistics is accelerating the development of a state-of-the-art logistics center in the United States.Korea Ocean Business Corporation recently held an investment review committee meeting and decided to invest US$61 million in the form of preferred shares in a special purpose company (SPC) to dev
On Sept. 13, SPC Paris Baguette announced its plan to open 9 additional stores in North America this month, surpassing a total of 150 outlets in the region.First, after its debut in Canada last March, Paris Baguette is set to launch two more stores. On Sept. 14 the brand will open its second franchi
SPC Group’s Paris Baguette has announced that it has been ranked 37th in the “Top Global Franchises” selected by the U.S.-based business magazine “Entrepreneur” in 2023.Entrepreneur, a business magazine representing the U.S. alongside Forbes and Fortune, recently announced the top 200 global brands
According to the investment banking industry on July 24, LG CNS is considering when to apply for preliminary examination for listing on the Korea Exchange (KOSPI).LG CNS has been pushing for a listing by selecting KB Securities, Bank of America (BoA), and Morgan Stanley as IPO underwriters since May
In the fiercely competitive landscape of South Korea's 5 trillion won burger market, Shake Shack, a front runner in the premium burger sector, is setting out to solidify its top position.According to market research firm Euromonitor on June 15, the domestic burger market, worth 2.6 trillion won
Korean industry is experiencing the phenomenon of an exit from China and sluggish exports. While it is positive for corporate Korea to diversify export destinations, it is negative for it to post a drop in exports. Even amid a U.S.-China conflict, voices are being raised to call for attempts to prom
Paris Baguette, a bakery chain owned by South Korea's SPC Group, enjoyed excellent brand promotion effects as it participated as an official sponsor in the Mizuho Americas Open, a tournament on the U.S. Women's Professional Golf (LPGA) tour.The Mizuho Americas Open, a newly launched tourname