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Starbucks in South Korea sees 'very significant drop in sales' amid controversy | Collector
Starbucks in South Korea sees 'very significant drop in sales' amid controversy
FRANCE 24 Tech

Starbucks in South Korea sees 'very significant drop in sales' amid controversy

Retail tycoon Chung Yong-jin, chairman of the Shinsegae Group which owns Starbucks Korea, issued a second apology in two weeks on Tuesday as the public outcry over the coffee chain's "Tank Day" marketing campaign fails to subside. The group is seeing a drop in sales over the campaign that appeared to reference a deadly crackdown on pro-democracy protesters in 1980. Also in this edition: Ferrari unveils its first fully electric supercar, "Luce".

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