Description

LOTTE Corporation is a globally diversified enterprise with substantial interests spanning numerous sectors, including the food and beverage industry, retail, tourism, chemicals, construction, and finance. Within its expansive food and beverage portfolio, the company produces and distributes a broad array of products, such as confections, biscuits, frozen desserts, various beverages (alcoholic options like soju, beer, whiskey, wine, and refined rice wine, alongside non-alcoholic selections), and coffee. It further manages the manufacturing and processing of dairy items, including milk and other processed dairy/meat products, and oversees the wholesale and retail distribution of soft drinks. The retail arm of LOTTE operates a vast network of establishments, encompassing department stores, large-format hypermarkets and supermarkets, discount outlets, convenience stores, health and beauty chains, home shopping channels, and duty-free concessions. Additionally, it engages in apparel sales, wholesale and direct consumer electronics distribution, and provides integrated membership programs coupled with convenient payment solutions. In the industrial and manufacturing domain, LOTTE is involved in producing processed aluminum, flexible packaging materials, beverage cans, and PET bottles. The company also deals in synthetic resins, artificial textiles, and various by-products. Its manufacturing capabilities extend to office equipment, medical apparatus, and network surveillance cameras. Beyond these core areas, LOTTE offers a wide range of leisure and hospitality services. These include the development and management of golf courses, operating amusement parks, car and equipment rental services, resort condominiums, and tourist hotels. The corporation also engages in social welfare initiatives. Its financial services division provides lease financing, alongside corporate and individual lending solutions, and offers electronic financial services. Further diversifying its operations, LOTTE owns a professional baseball team and delivers education consulting services. Tracing its origins to 1967, the company is headquartered in Seoul, South Korea. It underwent a significant corporate restructuring and rebranding in October 2017, transitioning from its former identity as Lotte Confectionery Co. Ltd. to become LOTTE Corporation.