Shinsegae Group announced that its Chair, Chung Yong-jin, will assume the CEO positions at two of its key affiliates, Emart and Shinsegae Property, in a move to address ongoing business challenges.

Shinsegae Group Chair Chung Yong-jin is set to apologize again for Starbucks Korea's controversial 'Tank Day' marketing campaign and announce internal investigation findings. The apology comes amid ongoing public anger over the incident.

Shinsegae Group Chairman Chung Yong-jin has publicly apologized for the controversy surrounding Starbucks' 'Tank Day' event, stating that he takes 'all responsibility' for the incident.

The Seoul Metropolitan Police Agency has taken over the investigation into Shinsegae Group Chairman Chung Yong-jin following a civic group's complaint regarding Starbucks Korea's controversial 'Tank Day' campaign.

Shinsegae Group Chair Chung Yong-jin issued two apologies, one written and one in person, taking full responsibility for Starbucks Korea’s recent “Tank Day” marketing controversy.