A Korean supermarket posted a poster: 'we don't sell Japanese goods'. (Korean media news 1)
According to South Korean media reports, in response to Japan's export restrictions, the wave of "boycott of Japanese goods" in South Korea has lasted for two weeks. Lotte Group, which is facing difficulties in operating in China due to the 'Sade' storm, has also been affected by the 'boycott of Japanese goods' movement in South Korea due to its more cooperation with Japanese enterprises.
Poster made by Korean netizens: 'use more Korean goods and boycott Japanese goods'
According to South Korean KBS news, the wave of "boycott of Japanese goods" in South Korea is continuing to spread to all parts of the country and all levels.
Although South Korea has refused to buy Japanese goods in the past, this time is different. Recently, restaurants and stores have spontaneously participated in the activities of banning the sale of Japanese goods.
Korean convenience clerk takes the initiative to clean up Japanese beer (KBS News)
According to statistics, 3600 small and medium-sized stores and more than 23000 supermarkets in South Korea began to take more than 100 Japanese goods off the shelves.
Although large supermarkets and convenience stores did not formally clarify their respective positions, beer sales in Japan have fallen by 20% in the past two weeks.
Data figure: Xin Dongbin, President of Lotte Group (Korean media newsway)
The upsurge of Anti Japanese sentiment has also affected Lotte Group, which has more cooperation with Japanese enterprises. " Since the rise of the 'boycott of Japanese goods' movement two weeks ago, the market value of Lotte Group has evaporated 1 trillion won (about 5.83 billion yuan). At present, Lotte Group is developing relevant countermeasures.
It is understood that Lotte Group was first founded in Japan by Xin Gehao, an overseas Chinese living in Japan and South Korea. After the normalization of Korea Japan diplomatic relations in 1965, it expanded its business to South Korea. As the fifth largest enterprise in South Korea, at present, Lotte Group's business covers real estate, amusement park, hotel catering, department store retail and other fields.
Many Koreans have questioned whether Lotte Group belongs to a Japanese enterprise, and Xin Dongbin, the second son of Lotte founder Xin Gehao and the actual power holder of Lotte, responded that Lotte is a 'Korean Enterprise & hellip& hellip; 95% of sales come from Korea '.