Louis Vuitton, Chanel, etc. make money in Korea and move to overseas headquarters... Over 2 trillion won remitted over 3 years
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View of Louis Vuitton's Seoul Dosan store in Gangnam-gu, Seoul.Yonhap News It was revealed that the domestic corporations of the five major luxury brands, including Louis Vuitton, Hermes, Chanel, Dior, and Cartier, have remitted more than 2 trillion won in dividends to their overseas headquarters over the past three years.
View of Louis Vuitton's Seoul Dosan store in Gangnam-gu, Seoul.Yonhap News It was revealed that the domestic corporations of the five major luxury brands, including Louis Vuitton, Hermes, Chanel, Dior, and Cartier, have remitted more than 2 trillion won in dividends to their overseas headquarters over the past three years. Among the top 70 foreign companies that paid dividends over the past three years, 19 were counted as sending amounts exceeding net profit to their headquarters. The Corporate Data Research Institute's CEO Score ranks the top 100 in sales. Other...
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