Lotte Department Store Hires 'Non-Lotte Man'... Jo Hyung-joo from Shinsegae Appointed Head of Luxury Division
[Asia Economy Reporter Jeon Jinyoung] Lotte Department Store, which hired a 'non-Lotte man' for the first time in 42 years since its founding, has additionally appointed a former Shinsegae executive as a department store executive.
According to the distribution industry on the 15th, Cho Hyungjoo, head of the luxury division (assistant general manager) from Shinsegae International, was hired by Lotte Department Store as of the 14th. Previously, Lotte Department Store had recruited Lee Seunghui, general manager, and Ahn Seongho, assistant general manager, both from Shinsegae.
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Assistant General Manager Cho recently worked as the senior manager at Signite Partners, Shinsegae's corporate venture capital (CVC). At Lotte Department Store, he is expected to be assigned to the MD1 merchandise headquarters, responsible for attracting overseas luxury brands and strengthening the luxury product segment.
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