SSG.COM Approves Split Separating Online Shopping and Lifestyle Businesses
In December, SSG.COM approved a plan to split its lifestyle business division, separating online shopping and fashion, beauty and lifestyle operations. At a board meeting on the 27th, the lifestyle split was approved, with E-Mart and Shinsegae keeping the same ownership percentages in SSG and Shinsegae Mall. The company says membership, delivery and 7 Club benefits will remain largely intact and platform links will be maintained.