Starbucks in South Korea sees 'very significant drop in sales' amid controversy
Retail tycoon Chung Yong-jin, chairman of the ShinsegaeΒ 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 protestersΒ in 1980. Also in this edition: Ferrari unveils its first fully electric supercar, “Luce”.