EconomyLens.com
No Result
View All Result
Sunday, September 20, 2026
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
EconomyLens.com
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials
No Result
View All Result
EconomyLens.com
No Result
View All Result
Home Business

South Korea police raid Starbucks HQ over ‘Tank Day’ fiasco

Natalie Fisher by Natalie Fisher
August 5, 2026
in Business
Reading Time: 5 mins read
A A
6
62
SHARES
771
VIEWS
Share on FacebookShare on Twitter

Workers at Starbucks Korea have formed a labour union, the company confirmed on Sunday. ©AFP

Seoul (AFP) – South Korean police raided the Starbucks national headquarters Wednesday, the chain’s local operator told AFP, following allegations an advertising campaign defamed activists slain in 1980 pro-democracy protests. Starbucks Korea caused an uproar this year when it launched a “Tank Day” promotion on May 18, touting a new line of capacious tumblers for its coffee beverages. The date marked the anniversary of the 1980 Gwangju pro-democracy uprising, when at least 165 civilians were killed as a military dictatorship rolled tanks out onto the streets.

Related

Warren Buffett steps down as Berkshire Hathaway chairman

Mbappe ends Nike partnership to join Swiss brand On

Hispanics feel ‘betrayed’ on immigration, Republican warns Trump

Micron’s Taiwan workers say 68 months’ bonus not enough

Ireland to boycott Eurovision 2027 over Gaza

The chain was accused of trivialising the nation’s landmark protest movement and insulting the dead, remembered as martyrs by many South Koreans. A civic group and bereaved families filed a complaint accusing members of the Shinsegae Group, which operates Starbucks Korea, of defaming and insulting the victims and relatives. “The Seoul police raided the headquarters of Starbucks Korea this morning as part of the ongoing investigation,” a Shinsegae Group spokesman told AFP, declining to provide further details.

Starbucks Korea said in a statement: “We can confirm that an investigative authority conducted a search and seizure today. We understand this to be part of an ongoing investigation.” Seoul police said an investigation into the firm was ongoing, but also declined to provide further information about the case. The complaint named Shinsegae Group chairman Chung Yong-jin and Son Jung-hyun — the former CEO of Starbucks Korea, who resigned over the furore. The advertising fiasco also alluded to phrases which officials at the time used to dismiss allegations they had tortured a student activist to death.

– Public apology – South Korea is the third-largest market for the coffee giant, behind the United States where it was founded, and China. The controversy prompted a public apology and the one-off early closure of the chain’s more than 2,000 stores nationwide for staff education in June. The Shinsegae Group has previously said its own internal investigation found no evidence of intentional wrongdoing. But it admitted its audit suffered from limitations, such as the executive in charge of planning the campaign refusing to surrender their mobile phone.

Police investigators are hunting for evidence which was not included in the company’s own investigation, according to the Yonhap News Agency and national broadcaster KBS. The so-called Tank Day controversy led to a “sharp decline in sales” in the early days of the scandal, according to the Shinsegae Group. Starbucks’ estimated credit and debit card payment volume fell 17 percent from May to June, according to local data platform firm IGAWorks.

© 2024 AFP

Tags: protestpublic apologyscandal
Share25Tweet16Share4Pin6Send
Previous Post

Factories shed workers in Bangladesh garment sector

Next Post

Cathay Pacific’s profit soars 71% despite Iran war driving up fuel costs

Natalie Fisher

Natalie Fisher

Related Posts

Business

India’s Tata Sons reappoints N. Chandrasekaran as chairman

September 17, 2026
Business

Emporio Armani names Dario Vitale new creative director

September 16, 2026
Business

EU chief hosts Canada’s Carney in push to ‘deepen’ alliance

September 16, 2026
Business

Ukraine winemakers defy war to make a splash at home

September 15, 2026
Business

Nigeria’s Dangote refinery launches continent’s biggest IPO

September 14, 2026
Business

Nigerian oil refinery Dangote launches IPO

September 14, 2026
Next Post

Cathay Pacific's profit soars 71% despite Iran war driving up fuel costs

Stocks mostly rise tracking earnings, US-Iran hopes

Stocks stall tracking earnings, oil dips on Iran-Oman Hormuz move

Disney profits top estimates on strength in theme park business

0 0 votes
Article Rating
Subscribe
Notify of
guest
guest
6 Comments
Oldest
Newest Most Voted
  • Trending
  • Comments
  • Latest

New York ruling deals Trump business a major blow

September 30, 2024

Elon Musk’s X fights Australian watchdog over church stabbing posts

April 21, 2024

Women journalists bear the brunt of cyberbullying

April 22, 2024

France probes TotalEnergies over 2021 Mozambique attack

May 6, 2024

New York ruling deals Trump business a major blow

104

Ghanaian finance ministry warns against fallout from anti-LGBTQ law

74

Shady bleaching jabs fuel health fears, scams in W. Africa

71

Stock markets waver, oil prices edge up

65

France’s debt climbs to highest since 1978: ministry

September 19, 2026

Trump’s beef policies irk Texas ranchers, testing their loyalty

September 18, 2026

Nvidia, OpenAI CEOs to attend Xi dinner at White House

September 20, 2026

Anthropic picks Accenture for in-house AI safety evaluation

September 18, 2026
EconomyLens Logo

We bring the world economy to you. Get the latest news and insights on the global economy, from trade and finance to technology and innovation.

Your Privacy Choices

Pages

  • Home
  • About Us
  • Privacy Policy
  • Contact Us

Categories

  • Business
  • Economy
  • Markets
  • Tech
  • Editorials

Network

  • Coolinarco.com
  • CasualSelf.com
  • Fit.CasualSelf.com
  • Sport.CasualSelf.com
  • SportBeep.com
  • MachinaSphere.com
  • MagnifyPost.com
  • TodayAiNews.com
  • VideosArena.com
© 2026 EconomyLens.com - Top economic news from around the world.
No Result
View All Result
  • Home
  • Economy
  • Business
  • Markets
  • Tech
  • Editorials

© 2024 EconomyLens.com - Top economic news from around the world.