Tokyo Electric Power Attracts Major Investors Amid Billion-Dollar Restructuring Push 
Lumentum Holdings Rides AI Wave With Order Book Filled Through 2028 
San Francisco Suspect Arrested After Molotov Cocktail Attack on OpenAI CEO Sam Altman's Home 
Bill Ackman Eyes New Fund to Bet Against Market Complacency 
China's Inflation Data Misses Forecasts as Consumer Prices Slow in March 
Federal Reserve Probes Big Banks Over Private Credit Exposure Amid Growing Systemic Risk Concerns 
NIO ES9 SUV Launch Sends HK Shares Down 7% Despite Bold Pricing Strategy 
Gold Prices Slip as Dollar Strengthens Amid U.S.-Iran Tensions and Rising Inflation 
Bank of America Identifies Top Asia-Pacific Semiconductor Stocks Poised for AI-Driven Growth 
Chalco Stock Surges as Q1 2025 Profit Forecast Jumps Up to 58% 
Disney Plans to Cut 1,000 Jobs Amid Ongoing Restructuring Efforts 
Meta Is Building an AI Version of Mark Zuckerberg to Interact With Employees 
Chinese Brands Are Taking Over Brazil — And It's Just Getting Started 
Abbott Laboratories Ordered to Pay $53 Million in Premature Infant Formula Lawsuit 
Gold Prices Rise on Weaker Dollar and Ceasefire Hopes 
Asian Stocks Rally on Ceasefire Hopes and Bargain Buying 
Asia FX Weekly Gains Hold Amid U.S. Inflation Data and Iran Ceasefire Uncertainty 
Shinsegae International announced the appointment of its new chief executive officer. It has named William Kim, a former chief financial officer at Gucci, as its CEO.
According to The Korea Times, the new chief will also continue to serve as Shinsegae Department Store’s chief digital intelligence officer to help bolster the unit’s digital strategy.
Before he was hired at Shinsegae International, Kim worked at Rapha Performance Roadwear, a London-based cycling lifestyle brand focused on road bicycle racing and mountain biking clothing and accessories, as CEO.
He was credited for the expansion of Rapha's global digital platform and the development of the brand’s community concept. He also served as Samsung Electronics' vice president of global direct-to-consumer mobile division for three years, and his task also involved the management of the company's official website, international retail stores, and supervision of external third-party digital platforms.
It was added that the new chief of Shinsegae International also led the British fashion retailer All Saints in 2012. He turned it into an innovative fashion brand in the global market. He did this by revamping the company’s business model and focusing on digitalization to expand its reach in the international market.
"With the appointment of William Kim as CEO, Shinsegae International also plans to spearhead further growth through mergers and acquisitions and international expansion," The Korea Herald quoted a Shinsegae International official as saying. "Shinsegae International will continue to strengthen the company's core competitiveness through the introduction and operation of new innovative brands with the new appointment."
Meanwhile, Kim will be replacing Lee Hil Han, who will be moving to the promotion unit of the company’s department store division to become its head. This is a newly-formed team that aims to discover future food products, so Shinsegae Department Store can secure sustainable competitiveness in the industry.
