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Lotte talks up duty-free business as probes widen

Wed, Jun 15, 2016 - 5:50 AM

Lotte Group, South Korea's fifth-largest family-run conglomerate, is under growing pressure to bolster its duty-free shopping business after shelving one of the year's biggest initial public offerings in the midst of a deepening crisis.

PHOTO: BLOOMBERG

Singapore

LOTTE Group, South Korea's fifth-largest family-run conglomerate, is under growing pressure to bolster its duty-free shopping business after shelving one of the year's biggest initial public offerings in the midst of a deepening crisis.

Hotel Lotte Co, one of the group's...

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