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South Korea¡¯s Chaebol shame

From the top, ¡°Artisee¡± bakery cafe operated by Shilla Hotel CEO Lee Bu-jin, the eldest daughter of Samsung Electronics Chairman Lee Kun-hee; Daemyung Group¡¯s ¡°Beggarback¡± to sell ddeokbokki, a common street-food; CJ Foods¡¯ bibimbap chain restaurant ¡°bibigo¡±; LG affiliate Our Home¡¯s bibimbap chain restaurant babidabida.

Shilla Hotel announced on Thursday it would withdraw from the bakery business due to the harsh criticism received by South Korean chaebols¡¯, (family-run conglomerates) expansion into domain of SMEs.



Posted on : Jan.27,2012 14:31 KST Modified on : Jan.27,2012 14:36 KST
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