South Korean bakery giant SPC Group said Monday that it has shared its overseas business know-how and advanced baking techniques with a delegation of Mongolian government and business officials durin...national markets can serve as a model for Mongolian businesses exploring franchise operations," an SPC official said. SPC added that it will continue to strengthen its presence in overseas markets as...

South Korean bakery giant SPC Group announced Friday that construction of a halal-certified bakery factory in Malaysia is set to be completed by year-end, as it aims to expand the reach of its flagsh...ette across Southeast Asia and into the Middle East. Ahead of the plant’s opening in Johor Bahru, SPC Group President Hur Jin-soo met with Johor Chief Minister Onn Hafiz Ghazi in Seoul on Monday to d...

South Korean bakery giant SPC Group said Wednesday that President Hur Jin-soo attended a dinner banquet hosted by French President Emmanuel Macron at Elysee Palace in Paris earlier this week. He was ...companies, including the Netherlands’ SPAR, Japan’s Marubeni, and France’s Savencia and Limagrain. SPC Group was invited in recognition of its contributions to the economic and culinary exchange betwe...

The Korean bakery brand Paris Baguette has opened its 600th overseas store, the newest one in Toronto, Canada, just a year after celebrating its 500th store, the brand's company SPC Group announced Tuesday. This new location marks Paris Baguette’s seventh store in Canada. Paris Baguette has been expanding rapidly over the past year, recently securing agreements to enter new markets in Southeast...

South Korean bakery giant SPC Group announced Monday that it has nominated Executive Managing Director Lim Byung-sun as its new CEO. Lim, a business management specialist, has previously served as a... to drive innovation in our organizational culture and enhance communication among affiliates. Lim will contribute to SPC Group’s goal of becoming a ‘global great food company’,” said an SPC official.

SPC Group's bakery brand Paris Baguette has signed contracts to enter the markets of Thailand, Brunei and Laos, aiming to strengthen its presence in Southeast Asia. On Monday, Paris Baguette finaliz...smaller market sizes, there is a consistent increase in demand for high-end bakeries, according to SPC Group. Paris Baguette aims to promote a premium bakery cafe culture and influence local trends in...

South Korean bakery giant SPC Group said Tuesday it hosted a conference in Prague last week to explore strategies for expanding its global business in Europe. SPC Group held the Paris Baguette Europe Conference in the Czech capital on Thursday and Friday. Chairman Hur Jin-soo and Jack F. Moran, head of SPC's European operations, put their heads together for ways to penetrate the Eastern European...

A court on Thursday approved a bail request by Hur Young-in, the chair of bakery giant SPC Group, who is currently standing trial on charges of coercing bakers to quit their labor union. The 74-year...d has since been standing trial in detention on charges of pressuring some 570 union members at an SPC subsidiary to quit their union between early 2021 and mid-2022 over their labor activities critic...

An appeals court on Friday cleared Hur Young-in, founder and chair of South Korean bakery giant SPC Group, of tax evasion charges, bringing an end to the year-long legal dispute. The Seoul High Cour...ions of instructing group affiliates Paris Croissant and Shany to sell stocks of Mildawon, another SPC company producing flour, to SPC Samlip at lower prices in December 2012 that, according to prosec...

...gift certificates because these items typically have higher transaction values and do not require immediate physical delivery, making it easier for Tmon and WeMakePrice to use them to secure extra cash reserves immediately. In the meantime, some retailers, including bakery giant SPC Group, have announced they will share the financial damage by offering refunds to customers for purchased products.

...ready expressed interest in participating include fashion retailer Club 21, COMO Group dining establishments and Singapore's Marina Bay Sands, together with South Korea's Shinsegae Duty Free and SPC Group, renowned for their food and beverage chains such as Paris Baguette, Baskin Robbins and Shake Shack. The full list of merchant privileges under the reciprocal partnership will be announced ...

SPC Group, the Korean operator of Baskin Robbins, said Wednesday that it is set to launch a new ice cream flavor co-developed by Google’s artificial intelligence model Gemini. The new flavor, named Tropical Summer Play, is Baskin Robbins’ first attempt globally to use AI to create an ice cream flavor. The Korean operator said the attempt comes as part of its business initiative to integrate AI a...

...t the demand for iconic properties in key markets." Disclaimer: Trump International Oman is not owned, developed or sold by The Trump Organization or any of their current or former principals or affiliates. Dar Al Arkan Property Development SPC, the owner and developer of the property, uses the "Trump" name and mark under license, which license may be terminated or revoked according to its terms.

...ing and meeting facilities, and an expansive SPA. Disclaimer: Trump International Oman is not owned, developed or sold by The Trump Organization or any of their current or former principals or affiliates. Dar Al Arkan Property Development SPC, the owner and developer of the property, uses the "Trump" name and mark under license, which license may be terminated or revoked according to its terms.

Malaysian Ambassador to Korea Dato' Mohd Zamruni Khalid also attended the forum, introducing the Southeast Asian country as a preferred investment destination in the region, with SK Nexilis, SPC Group, Lotte Chemical, Samsung and others thriving there. “Based on the statistics released in 2023, the total bilateral trade between Malaysia and Korea amounted to $25 billion. Korea was in the top 10 ...