Starbucks sees sharp drop in Korean sales after 'Tank Day' marketing backlash - Reuters
Starbucks sees sharp drop in Korean sales after 'Tank Day' marketing backlash Reuters
Coverage by Political Leaning
See how different sides of the spectrum reported this story
Key People
No people linked to this story
Locations
All Coverage
<a href="https://news.google.com/rss/articles/CBMiyAFBVV95cUxNRklzN0I3bFlBa1o0bzcyc3BSX2J0STVrTFd2LUh4MjZtWlhVREE1MWZDVThTN0lKTEVRalljajNqX0pqTUZrUlhYY1gzT19aLWlVRHV3VWlab2d5U1NBR2w3dURRWUxmNV9UZkVITXplbVpjOVA4TmV6Vm40ZEpyZi1xV0dXa3FkYnBZeHd4aTlsR2s4WG5LZ0dEN0ZWUFdYTEFGZnZwYjdZM3ZFcUNyX3hLUF9mRnp2emw4MG4tMzhZSFRGYnlySw?oc=5" target="_blank">Starbucks sees sharp drop in Korean sales after 'Tank Day' marketing backlash</a> <font color="#6f6f6f">Reuters</font>
Starbucks Korea's marketing campaign, coinciding with the anniversary of the 1980 Gwangju Uprising, led to public outrage and a significant drop in sales. Shinsegae Group Chairman Chung Yong-jin issued a public apology and announced an internal investigation.
Following a controversial 'Tank Day' marketing campaign that referenced the 1980 Gwangju Uprising, Starbucks Korea experienced a significant decline in sales. The campaign's timing and messaging sparked public outrage.
Starbucks Korea's 'Tank Day' promotion, launched on the anniversary of the May 18 Gwangju Uprising, led to public backlash and a significant drop in sales. Shinsegae Group Chairman Chung Yong-jin apologized and acknowledged flaws in risk management.
Starbucks Korea's 'Tank Day' marketing campaign, coinciding with the anniversary of the May 18 Gwangju Uprising, led to public outrage and a significant decline in sales. Shinsegae Group Chairman Chung Yong-jin issued an apology and called for no anger towards employees.
In the aftermath of Starbucks Korea's 'Tank Day' marketing controversy, prices of Starbucks gift cards on resale platforms have dropped significantly, reflecting public dissatisfaction and calls for boycotts.
Similar Stories
Related coverage based on topic and tags
Inside South Korea's world-beating bear market - Reuters
Inside South Korea's world-beating bear market Reuters
July 14, 2026 at 03:02 AMGerman automakers hit by sharp China sales drop in second quarter - Reuters
German automakers hit by sharp China sales drop in second quarter Reuters
July 10, 2026 at 02:55 PMKorean chip stocks flip to losses on lingering AI, memory pricing concerns - Reuters
Korean chip stocks flip to losses on lingering AI, memory pricing concerns Reuters
July 8, 2026 at 12:26 AMPepsiCo's turnaround stutters as Americans rethink snacking - Reuters
PepsiCo's turnaround stutters as Americans rethink snacking Reuters
July 14, 2026 at 11:23 AMAsian tech firms seeking to follow SK Hynix may find foreign investors more selective - Reuters
Asian tech firms seeking to follow SK Hynix may find foreign investors more selective Reuters
July 13, 2026 at 09:07 AMSK Hynix sinks after Nasdaq debut amid profit-taking, easing earnings optimism - Reuters
SK Hynix sinks after Nasdaq debut amid profit-taking, easing earnings optimism Reuters
July 13, 2026 at 12:30 AM