Search results for LF
Industry
U.S. to ease self-driving rules as 200 million won ultra-luxury Korean car gains attention
The U.S. Transportation Department is seeking to drop a requirement for brake pedals in vehicles designed to operate only with automated driving systems, a move seen lowering hurdles for firms developing fully autonomous cars without steering wheels or pedals. Tesla is also expanding through initiatives such as a free Supercharger event and hiring plans at its Berlin plant. The article also covers Toyota’s EV strategy, China’s export surge, and intensified competition among South Korean mobility platforms and premium EV makers.
AI & Enterprise
Wconcept appoints fashion expert Lee Ji-eun as CEO to narrow gap with 29CM
Wconcept, a women\'s fashion platform under South Korea\'s Shinsegae Group, has appointed fashion expert Lee Ji-eun as chief executive, replacing former CEO Lee Ju-cheol, a strategy veteran from Gmarket. The company said the change aims to strengthen competitiveness in fashion, its core business. Wconcept\'s operating profit and revenue have shown uneven performance since its acquisition by Shinsegae\'s SSG.com. The transaction-value gap with Musinsa-owned 29CM has widened to about twofold, industry officials said.
Games & Commerce
Wconcept appoints Lee Ji-eun as new chief executive
Shinsegae Group fashion platform Wconcept said on Thursday it appointed Lee Ji-eun as its new chief executive. Lee, a fashion specialist, previously worked at fashion companies including LF and Kolon. She is Wconcept\'s first female chief executive. Wconcept said it plans to review core capabilities of its fashion vertical platform and strengthen fundamental competitiveness amid intense competition in the fashion market.