1 00:00:53,322 --> 00:00:59,652 [Episode 8, A World Built on Hypocrisy] 2 00:01:07,920 --> 00:01:10,713 Yes, that will be 28,300 won. 3 00:01:10,714 --> 00:01:12,707 - Here you go. - Thank you. 4 00:01:14,176 --> 00:01:15,176 Yes, here you go. 5 00:01:15,177 --> 00:01:18,462 - Thank you. - Yes, have a nice day. 6 00:01:48,168 --> 00:01:52,455 [Brother-in-law: Have you eaten yet?] 7 00:01:53,757 --> 00:01:56,509 Why'd you pick this place over somewhere better? 8 00:01:56,510 --> 00:01:59,217 You can't come to Busan without having pork soup. 9 00:01:59,218 --> 00:02:01,430 Oh, actually, I was craving it too. 10 00:02:01,431 --> 00:02:02,890 Thanks to you, I get to have some. 11 00:02:02,891 --> 00:02:06,584 - Eat up. - Yes, you too. Please enjoy. 12 00:02:12,109 --> 00:02:14,360 What's this? 13 00:02:14,361 --> 00:02:16,653 A Young's tutoring costs a lot, right? 14 00:02:16,654 --> 00:02:17,905 I wanted to help out. 15 00:02:17,906 --> 00:02:21,909 Oh, no. Living away from home costs a lot of money, right? 16 00:02:21,910 --> 00:02:24,069 We don't even have to pay rent here. 17 00:02:24,070 --> 00:02:26,164 And both of us are working, 18 00:02:26,165 --> 00:02:28,624 - so we're fine. - But A Young is my niece. 19 00:02:28,625 --> 00:02:31,169 I'm giving you this because I want to. 20 00:02:31,170 --> 00:02:33,449 Then I'll put it to good use. 21 00:02:33,450 --> 00:02:35,047 Thank you, as always, Eun Tae. 22 00:02:35,048 --> 00:02:36,914 Oh, don't mention it. 23 00:02:40,971 --> 00:02:42,680 How's my brother doing these days? 24 00:02:42,681 --> 00:02:47,844 Well... I suppose he's doing okay. 25 00:02:48,630 --> 00:02:52,190 Our schedules are opposite, so I don't see him much. 26 00:02:52,191 --> 00:02:55,318 Well, I do feel bad for him, though. 27 00:02:55,319 --> 00:02:59,197 Seeing someone who used to have it all looking so down... 28 00:02:59,198 --> 00:03:03,117 There was a time when fashion in Busan meant Gong Eun Seok, 29 00:03:03,118 --> 00:03:05,797 and Gong Eun Seok meant fashion. 30 00:03:05,798 --> 00:03:07,705 You know, Eun Seok 31 00:03:07,706 --> 00:03:10,166 was the first to bring 32 00:03:10,167 --> 00:03:12,001 all those Japanese trends to Busan. 33 00:03:12,002 --> 00:03:15,254 Ugh, who would've thought those beggar-looking clothes would sell so well? 34 00:03:15,255 --> 00:03:17,298 Yeah, I remember that too. 35 00:03:17,299 --> 00:03:19,926 The whole neighborhood was going crazy over them, right? 36 00:03:19,927 --> 00:03:22,065 When he was doing well 37 00:03:22,066 --> 00:03:25,681 and I got into college, he bought me Hanwoo to celebrate. 38 00:03:25,682 --> 00:03:27,867 That was my first time having Hanwoo. 39 00:03:27,868 --> 00:03:30,557 I had no idea it'd be that good. It was incredible. 40 00:03:30,558 --> 00:03:32,438 Thanks to him, 41 00:03:32,439 --> 00:03:36,400 I still treat myself to Hanwoo whenever something good happens. 42 00:03:36,401 --> 00:03:38,717 The Hanwoo place in Seomyeon, right? 43 00:03:38,718 --> 00:03:41,280 Yeah, that's right. Have you been there? 44 00:03:41,281 --> 00:03:43,574 That's where that man won me over. 45 00:03:43,575 --> 00:03:47,528 That's why just hearing the word "Hanwoo" makes me shudder. 46 00:03:51,166 --> 00:03:53,569 Well... my sister-in-law. 47 00:03:53,570 --> 00:03:57,713 Actually, he asked me for money yesterday. 48 00:03:57,714 --> 00:03:59,840 What, again? 49 00:03:59,841 --> 00:04:02,661 Oh, I'm so sorry, Eun Tae. 50 00:04:02,662 --> 00:04:06,105 What am I supposed to do with this man? Jeez... 51 00:04:06,106 --> 00:04:09,989 No, that's not why I'm telling you. 52 00:04:09,990 --> 00:04:13,312 He said he was starting a business, 53 00:04:13,313 --> 00:04:16,065 and I told him I couldn't give him anything. 54 00:04:16,066 --> 00:04:19,677 Because I don't think it'll work out. 55 00:04:19,678 --> 00:04:23,823 But I could be wrong, couldn't I? 56 00:04:23,824 --> 00:04:26,449 His business could actually do well. 57 00:04:26,450 --> 00:04:30,871 So hoping that I'm wrong, 58 00:04:30,872 --> 00:04:34,750 I want to help him out within my means. 59 00:04:34,751 --> 00:04:39,798 I'd like you to accept this in that spirit. 60 00:04:43,806 --> 00:04:47,165 Please don't hate my brother too much. 61 00:04:47,166 --> 00:04:50,425 Even if my brother's fallen on hard times, 62 00:04:50,426 --> 00:04:56,556 I still think he's a great man. 63 00:04:57,399 --> 00:05:01,101 That man sure is lucky. 64 00:05:01,102 --> 00:05:04,989 Even looking like that, his own brother still calls him cool. 65 00:05:04,990 --> 00:05:09,327 He used to be the coolest person I knew. 66 00:05:09,328 --> 00:05:12,079 But now, I think you're the coolest. 67 00:05:12,080 --> 00:05:14,498 Me? Why? 68 00:05:14,499 --> 00:05:16,459 Because you haven't left him, even when he's like this. 69 00:05:16,460 --> 00:05:19,587 Oh, come on, seriously. 70 00:05:19,588 --> 00:05:22,006 Come on, eat up. 71 00:05:22,007 --> 00:05:26,711 [Busan Station] 72 00:05:56,291 --> 00:05:59,077 [Team Leader Jung Sun Hyuk, Team 4] 73 00:06:02,198 --> 00:06:04,457 Yes, thank you. 74 00:06:06,454 --> 00:06:09,678 How's work these days? 75 00:06:09,679 --> 00:06:14,809 Nothing special. It's always the same. 76 00:06:14,810 --> 00:06:17,895 Work is work, wherever you are. 77 00:06:17,896 --> 00:06:22,198 So how long do you plan to stay at Hongsung? 78 00:06:24,482 --> 00:06:27,165 I've never thought about leaving. 79 00:06:27,166 --> 00:06:29,273 Want me to give you a reason? 80 00:06:29,274 --> 00:06:32,326 I thought I'd already turned down your offer. 81 00:06:32,327 --> 00:06:36,497 My company merged. I'm not the CEO anymore. 82 00:06:36,498 --> 00:06:38,489 If you're not the CEO, 83 00:06:38,490 --> 00:06:41,828 did you join a bigger firm? 84 00:06:45,406 --> 00:06:47,657 An article's coming out tomorrow. 85 00:06:47,658 --> 00:06:50,545 It's going to shake up the market. 86 00:06:55,328 --> 00:06:57,977 Head of CGM Korea? 87 00:06:57,978 --> 00:07:00,517 CGM is entering the Korean market. 88 00:07:00,518 --> 00:07:02,440 And the simulation assumes 89 00:07:02,441 --> 00:07:05,734 that all the controllers of small and midsize Korean brands will disappear. 90 00:07:05,735 --> 00:07:09,155 Hongsung should survive for the next three years. 91 00:07:09,156 --> 00:07:11,737 But its sales will drop by two-thirds. 92 00:07:11,738 --> 00:07:16,917 So, Brand Director, 93 00:07:16,918 --> 00:07:20,305 a six-figure salary, at least 100 thousand dollars. 94 00:07:20,306 --> 00:07:24,287 What do you think? Tempting enough? 95 00:07:50,780 --> 00:07:52,656 What is the reason? 96 00:07:52,657 --> 00:07:54,425 Do I really need to explain? 97 00:07:54,426 --> 00:07:57,620 CGM is North America's biggest brand controller. 98 00:07:57,621 --> 00:08:00,039 Compared to that, Hongsung is a mom-and-pop shop. 99 00:08:00,040 --> 00:08:01,582 Stay there long enough, 100 00:08:01,583 --> 00:08:05,828 and all you'll get is an early retirement. So why? 101 00:08:08,226 --> 00:08:10,853 Whenever I make a decision, 102 00:08:10,854 --> 00:08:14,433 I believe money is the most dangerous thing to base a decision on. 103 00:08:14,434 --> 00:08:16,555 If my value hasn't changed 104 00:08:16,556 --> 00:08:20,081 but they're offering more money, I'd have to question why. 105 00:08:20,082 --> 00:08:24,939 Don't you think you're being undervalued right now? 106 00:08:24,940 --> 00:08:29,435 Someone else could be getting paid more than they're worth. 107 00:08:37,898 --> 00:08:39,961 I see what you mean. 108 00:08:39,962 --> 00:08:43,624 But I can assure you, 109 00:08:43,625 --> 00:08:47,198 you'll regret the decision you're making right now. 110 00:08:49,922 --> 00:08:55,594 Shouldn't you know better than to do this? 111 00:08:55,595 --> 00:09:01,259 Do you think you did me a favor? 112 00:09:01,882 --> 00:09:04,845 I considered it an insult. 113 00:09:05,570 --> 00:09:08,547 And there's one thing you're mistaken about. 114 00:09:08,548 --> 00:09:13,020 Do you think Mr. Jung is going to thank you? 115 00:09:14,402 --> 00:09:18,501 So you're doing this to get revenge for that insult? 116 00:09:18,502 --> 00:09:22,125 No. I'm just doing my job. 117 00:09:22,126 --> 00:09:24,029 CGM reached out to me. 118 00:09:24,030 --> 00:09:26,292 They were looking for a head of their Korean branch. 119 00:09:26,293 --> 00:09:30,838 They wanted someone from Hongsung or a major Korean company, 120 00:09:30,839 --> 00:09:32,298 with the ability to run a business 121 00:09:32,299 --> 00:09:34,967 but not enough capital to start one on their own. 122 00:09:34,968 --> 00:09:37,970 I just happened to fit the profile. 123 00:09:37,971 --> 00:09:42,717 Why make it about revenge? I'm just doing my job. 124 00:10:35,987 --> 00:10:38,522 Mr. Jang. 125 00:10:51,294 --> 00:10:53,629 What kind of team leader 126 00:10:53,630 --> 00:10:56,369 scares his boss while he's meditating on a holiday? 127 00:10:56,370 --> 00:10:58,657 You scared me. 128 00:10:58,658 --> 00:11:00,711 I'm sorry, sir. 129 00:11:01,554 --> 00:11:03,597 How'd you find me, anyway? 130 00:11:03,598 --> 00:11:06,183 I kept calling, but you didn't answer, 131 00:11:06,184 --> 00:11:08,761 so I called your home. 132 00:11:09,642 --> 00:11:11,639 Good job. 133 00:11:12,882 --> 00:11:16,261 So what's going on? Is something wrong? 134 00:11:16,262 --> 00:11:22,025 Have you heard anything about Mr. Jung's company? 135 00:11:22,026 --> 00:11:25,409 Jung Sun Hyuk's company? No, why? 136 00:11:25,410 --> 00:11:28,897 CGM acquired Mr. Jung's company. 137 00:11:28,898 --> 00:11:32,029 CGM? That CGM? The one we know? 138 00:11:32,030 --> 00:11:34,503 Yes, that CGM is entering the Korean market. 139 00:11:34,504 --> 00:11:37,331 And Mr. Jung is their head of Korea. 140 00:11:42,834 --> 00:11:45,431 Why are you only telling me now? 141 00:11:45,432 --> 00:11:47,641 Why are you telling me this now? 142 00:11:47,642 --> 00:11:51,445 You should've started with that. 143 00:11:51,446 --> 00:11:53,814 There's an order to these things. 144 00:11:53,815 --> 00:11:58,360 Ugh, what is wrong with you? You're really something else. 145 00:11:58,361 --> 00:12:02,030 Don't you know what's important? Huh? 146 00:12:02,031 --> 00:12:04,400 Darn it. 147 00:12:09,080 --> 00:12:12,575 [CGM Announces Entry into the Korean Market, Domestic Firms on High Alert] 148 00:12:23,553 --> 00:12:26,130 [Beloved Hollywood Celebrity Brand "Oauold" by CGM Launches First in Korea] 149 00:12:36,691 --> 00:12:40,561 [Korea's Fashion Market Becomes a Global Battleground, Who Will Survive?] 150 00:12:46,326 --> 00:12:50,779 [Korea Branch Head, Jung Sun Hyuk] 151 00:13:00,507 --> 00:13:03,709 [CGM Korea Branch Head Jung Sun Hyuk's Ambitions] 152 00:13:08,139 --> 00:13:12,768 Jung Sun Hyuk must be thrilled. 153 00:13:12,769 --> 00:13:14,686 Now that the article's out, 154 00:13:14,687 --> 00:13:19,600 doesn't that mean he's already reached deals with brands and department stores? 155 00:13:20,730 --> 00:13:22,402 It looks like they've been laying 156 00:13:22,403 --> 00:13:25,322 the groundwork with the three major department stores. 157 00:13:25,323 --> 00:13:28,867 As soon as the article came out, 158 00:13:28,868 --> 00:13:31,495 the list of brands was circulated among shopping malls and outlets. 159 00:13:31,496 --> 00:13:35,753 Did you get CGM's brand list? 160 00:13:35,754 --> 00:13:37,125 It includes around 300 global brands, 161 00:13:37,126 --> 00:13:39,711 plus numerous Korean designer brands. 162 00:13:39,712 --> 00:13:45,551 It's essentially the full range of licenses CGM controlled in North America. 163 00:13:45,552 --> 00:13:49,689 So they've laid it all out for retailers to pick and choose. 164 00:13:49,690 --> 00:13:50,973 Looking at the store contract for Oauold, 165 00:13:50,974 --> 00:13:55,018 CGM seems to have nearly given up its margin. 166 00:13:55,019 --> 00:14:00,015 They're openly trying to wipe out all the Korean brand controllers. 167 00:14:00,662 --> 00:14:02,667 Once we start competing against each other, 168 00:14:02,668 --> 00:14:06,665 the department stores and malls hold all the cards. 169 00:14:06,666 --> 00:14:08,401 And once everyone else is wiped out, 170 00:14:08,402 --> 00:14:11,867 CGM basically becomes a near-monopoly merchandiser. 171 00:14:11,868 --> 00:14:14,033 Yes. It looks like they're aiming 172 00:14:14,034 --> 00:14:17,741 to control the market structure from the start. 173 00:14:22,589 --> 00:14:27,009 Ma'am, Paradis Mall is demanding a contract change for Ailey. 174 00:14:27,010 --> 00:14:29,245 Wait, didn't we just renew Ailey's contract? 175 00:14:29,246 --> 00:14:31,597 Yes, if we don't renew under their terms, 176 00:14:31,598 --> 00:14:34,125 they're even willing to pay the penalty. 177 00:14:34,126 --> 00:14:35,684 Wasn't Paradis Mall the one 178 00:14:35,685 --> 00:14:37,394 that practically begged 179 00:14:37,395 --> 00:14:41,640 and pleaded with us to open a store when they first opened? 180 00:14:43,401 --> 00:14:46,236 They used to beg us to come in, 181 00:14:46,237 --> 00:14:49,531 and now they want us to beg them. 182 00:14:49,532 --> 00:14:53,035 I'm sure they're not the only ones. 183 00:14:53,036 --> 00:14:54,953 - Mr. Jang. - Yes. 184 00:14:54,954 --> 00:14:58,237 Compile the stores and brands affected by these changes, 185 00:14:58,238 --> 00:15:00,241 give me an initial report by the end of the day. 186 00:15:00,242 --> 00:15:04,605 - Yes, ma'am. - Mr. Gong, check with Legal Team, 187 00:15:04,606 --> 00:15:09,426 and report back on the penalties versus the projected revenue impact. 188 00:15:09,427 --> 00:15:13,339 Wouldn't that put your mind at ease? 189 00:15:14,432 --> 00:15:16,800 Understood, ma'am. 190 00:15:21,147 --> 00:15:23,523 Go ahead. 191 00:15:23,524 --> 00:15:26,477 [Loire Outlet (Consignment Purchase) Standard Trading Agreement] 192 00:15:36,746 --> 00:15:39,740 Hello. How are you? 193 00:15:43,920 --> 00:15:48,457 Jeez, why don't you eat some proper food? 194 00:15:49,342 --> 00:15:54,429 - What, need to report the penalty amounts? - Yeah. 195 00:15:54,430 --> 00:15:58,809 Go wait. I've got a mountain of paperwork to review. 196 00:15:58,810 --> 00:16:01,804 Oh, okay. Then shall I go? 197 00:16:08,987 --> 00:16:10,654 You haven't eaten either, right? 198 00:16:10,655 --> 00:16:13,232 When you're busy, this is better than a meal. 199 00:16:18,705 --> 00:16:22,124 Go wait outside. 200 00:16:22,125 --> 00:16:24,535 This is really good. 201 00:16:26,713 --> 00:16:28,547 Let's talk outside. 202 00:16:28,548 --> 00:16:30,340 Are you sure? Aren't you busy? 203 00:16:30,341 --> 00:16:33,919 If you knew that, you shouldn't have come here. 204 00:16:35,054 --> 00:16:39,216 - The managing director's inside. Let's go. - Oh, okay. 205 00:16:47,288 --> 00:16:49,407 The managing director doesn't like you. 206 00:16:49,408 --> 00:16:51,820 He says you create problems that don't exist. 207 00:16:51,821 --> 00:16:53,030 I can see why. 208 00:16:53,031 --> 00:16:56,116 You change contracts however you want. 209 00:16:56,117 --> 00:16:57,868 Same with Mr. Jung. 210 00:16:57,869 --> 00:16:58,967 We went through all that trouble. 211 00:16:58,968 --> 00:17:01,737 You saved him and this is where we are. 212 00:17:01,738 --> 00:17:02,869 He's got a point. 213 00:17:02,870 --> 00:17:04,583 Good grief, you... 214 00:17:04,584 --> 00:17:08,087 So when can we get the total penalty estimate? 215 00:17:08,088 --> 00:17:09,087 Even a rough estimate. 216 00:17:09,088 --> 00:17:10,527 I don't know either. 217 00:17:10,528 --> 00:17:13,717 There's no guarantee we'll get what's written in the contracts. 218 00:17:13,718 --> 00:17:15,886 We also have to factor in how long litigation would take 219 00:17:15,887 --> 00:17:19,025 and what we'd actually recover. 220 00:17:19,026 --> 00:17:21,975 - So factoring all that in, when can I know? - Hey! 221 00:17:21,976 --> 00:17:27,939 Hae Ju, work is work, and being pissed is being pissed. 222 00:17:27,940 --> 00:17:30,433 But we still have to do our jobs. 223 00:17:30,434 --> 00:17:33,070 I need a timeline so I can prepare. 224 00:17:33,071 --> 00:17:34,154 You're really... 225 00:17:34,155 --> 00:17:37,365 If every brand under CGM terminates its contracts, 226 00:17:37,366 --> 00:17:43,307 the penalties and damages would total 280 billion won. 227 00:17:43,308 --> 00:17:45,248 But since it'd be unilateral termination, 228 00:17:45,249 --> 00:17:48,210 if most of them paid the penalties without going to court, 229 00:17:48,211 --> 00:17:50,337 there probably wouldn't be much difference. 230 00:17:50,338 --> 00:17:53,548 Just give me a rough estimate by the end of the day. 231 00:17:53,549 --> 00:17:57,589 We can report it first and follow up later. 232 00:17:57,590 --> 00:18:01,306 I'll have it by five. Happy? 233 00:18:01,307 --> 00:18:02,974 Thanks. 234 00:18:02,975 --> 00:18:05,435 But if I were in their Legal Team, 235 00:18:05,436 --> 00:18:07,104 I wouldn't just pay the penalties, 236 00:18:07,105 --> 00:18:09,253 even for unilateral termination. 237 00:18:09,254 --> 00:18:13,143 I'd find a way to make it look like both sides were at fault. 238 00:18:13,861 --> 00:18:16,029 That's why I'm saying this. 239 00:18:16,030 --> 00:18:18,077 Department stores have more than enough leverage 240 00:18:18,078 --> 00:18:21,118 to make the termination look like mutual fault. 241 00:18:21,119 --> 00:18:24,717 So if they still pay 100% of the penalties without going to court, 242 00:18:24,718 --> 00:18:27,407 CGM must be paying it. 243 00:18:29,752 --> 00:18:31,369 Am I the only one suffering? 244 00:18:31,370 --> 00:18:33,157 Assistant Manager Oh, 245 00:18:33,158 --> 00:18:34,631 can I talk to you for a minute? 246 00:18:34,632 --> 00:18:37,417 - Me? - For a second. 247 00:18:40,254 --> 00:18:44,801 Mr. Oh, has Mr. Jung offered you a job? 248 00:18:44,802 --> 00:18:46,641 No, he hasn't. 249 00:18:46,642 --> 00:18:49,646 - What? Did he make you an offer? - Yeah. 250 00:18:49,647 --> 00:18:52,573 Man, Mr. Jung is unbelievable. 251 00:18:52,574 --> 00:18:53,829 If you get an offer, will you go? 252 00:18:53,830 --> 00:18:55,694 No, I won't. I would never. 253 00:18:55,695 --> 00:18:57,909 But it's still annoying he didn't ask. 254 00:18:57,910 --> 00:19:00,782 What about you? Are you going? 255 00:19:00,783 --> 00:19:03,485 Yeah. I'm planning to. 256 00:19:04,745 --> 00:19:07,330 - He told me to bring you along. - Me? 257 00:19:07,331 --> 00:19:10,542 Yeah, you see how things are going. 258 00:19:10,543 --> 00:19:13,044 There's no future here. Come with me. 259 00:19:13,045 --> 00:19:18,341 So I can just leave? Quit right away? 260 00:19:18,342 --> 00:19:20,802 Don't quit just yet. 261 00:19:20,803 --> 00:19:25,924 How about staying here and being our eyes and ears? 262 00:19:26,954 --> 00:19:30,804 Oh... a mole? 263 00:19:33,983 --> 00:19:36,849 You are aware that we have an exclusive contract, right? 264 00:19:36,850 --> 00:19:40,947 So how exactly is CGM entering the Korean market affecting all agreements? 265 00:19:40,948 --> 00:19:43,909 Ugh, it's just as hectic for us. 266 00:19:43,910 --> 00:19:47,329 Didn't the brands say anything? 267 00:19:47,330 --> 00:19:49,998 We haven't heard anything or seen any action from them. 268 00:19:49,999 --> 00:19:52,745 Got it for now. Let's keep in touch. Bye. 269 00:19:52,746 --> 00:19:53,919 Mr. Yang, 270 00:19:53,920 --> 00:19:56,401 should we leave Richard Hanson out as well? 271 00:19:56,402 --> 00:19:58,309 - Well, it's an Asia exclusive, but... - Hold on a second. 272 00:19:58,310 --> 00:19:59,466 Okay. 273 00:19:59,467 --> 00:20:01,627 Yes, Manager. 274 00:20:03,095 --> 00:20:04,963 What? 275 00:20:22,156 --> 00:20:25,367 This punk isn't picking up his phone. Darn it. 276 00:20:25,368 --> 00:20:28,485 - Hey, Park Gi Tae! - Oh, Mr. Yang! 277 00:20:28,486 --> 00:20:30,733 What on earth are you doing? 278 00:20:30,734 --> 00:20:33,375 Oh, I-I was told to move these boxes. 279 00:20:33,376 --> 00:20:34,781 Darn it. Who told you to do that? 280 00:20:34,782 --> 00:20:36,703 Was it Purchasing? 281 00:20:39,507 --> 00:20:44,711 Wait, Mr. Yang! Sir! 282 00:21:00,236 --> 00:21:06,441 Where's Team Leader Kang? 283 00:21:07,660 --> 00:21:10,745 Yes, what's going on? 284 00:21:10,746 --> 00:21:13,248 I'm from Hongsung's Sales Department. 285 00:21:13,249 --> 00:21:17,581 Did the buying team tell our employee to haul boxes? 286 00:21:17,582 --> 00:21:20,130 He said he'd do it himself. Didn't he? 287 00:21:20,131 --> 00:21:21,715 Did I hear wrong? 288 00:21:21,716 --> 00:21:25,037 Are you playing games with us over the Ailey contract? 289 00:21:25,038 --> 00:21:28,138 How would moving some boxes affect the contract? 290 00:21:28,139 --> 00:21:30,917 That's a rather strange thing to say. 291 00:21:30,918 --> 00:21:32,600 - Park Gi Tae! - Yes. 292 00:21:32,601 --> 00:21:35,312 Tell me exactly what happened. What happened? 293 00:21:35,313 --> 00:21:37,577 Oh, well... 294 00:21:37,578 --> 00:21:40,400 He said he'd consider renewing the contract 295 00:21:40,401 --> 00:21:42,819 and asked me to help with the boxes. 296 00:21:42,820 --> 00:21:48,437 And then that guy just moved one box and disappeared. 297 00:21:48,438 --> 00:21:49,617 Is that true? 298 00:21:49,618 --> 00:21:53,997 Well, yes. But I didn't do it on purpose. 299 00:21:53,998 --> 00:21:57,792 - It was just... - You're still claiming you didn't play us? 300 00:21:57,793 --> 00:22:00,670 What kind of power do you think I have? 301 00:22:00,671 --> 00:22:04,721 The store manager makes all the decisions on renewals. 302 00:22:04,722 --> 00:22:07,297 Then why is a powerless punk like you 303 00:22:07,298 --> 00:22:09,947 messing with people in the first place, darn it? 304 00:22:09,948 --> 00:22:12,369 "Darn it"? You little punk... 305 00:22:12,370 --> 00:22:14,351 Hey, come over here! Come here! 306 00:22:14,352 --> 00:22:15,393 You come over here, darn it! 307 00:22:15,394 --> 00:22:18,021 - Who are you bossing around, you trash? - Hey, don't hold me back! 308 00:22:18,022 --> 00:22:19,397 Didn't you hear what that punk said? 309 00:22:19,398 --> 00:22:23,077 How long do you think you're gonna keep acting like you're the one in charge? 310 00:22:23,078 --> 00:22:25,320 Oh, so you're the big shot now? Are you CGM? 311 00:22:25,321 --> 00:22:27,697 A nobody like you is throwing your weight around? Screw you! 312 00:22:27,698 --> 00:22:29,313 This guy is totally insane! 313 00:22:29,314 --> 00:22:32,577 I was gonna leave a few of your stores, but forget it. 314 00:22:32,578 --> 00:22:35,041 We're pulling every one of your stores, you piece of crap! 315 00:22:35,042 --> 00:22:38,501 Who are you to decide? Take them all out, you idiot. 316 00:22:38,502 --> 00:22:41,127 - Ugh, darn it! Let go of me! - What? What are you going to do? 317 00:22:41,128 --> 00:22:42,212 Let go of me! 318 00:22:42,213 --> 00:22:44,697 - What? What? - Darn it! 319 00:22:44,698 --> 00:22:47,877 Hit me, you punk! Hit me! 320 00:22:47,878 --> 00:22:49,973 Hey, enough. 321 00:22:49,974 --> 00:22:51,638 Just get the hell out of here. Okay? 322 00:22:51,639 --> 00:22:54,307 You're not a business partner anymore, so get the hell out. 323 00:22:54,308 --> 00:22:58,311 Listen, we'd leave even if you begged us to stay, you punk! 324 00:22:58,312 --> 00:23:00,009 - Let's go. - Man... 325 00:23:00,010 --> 00:23:01,731 - Jeez. - We're leaving, but before we do, 326 00:23:01,732 --> 00:23:03,900 call your mother and apologize to her. 327 00:23:03,901 --> 00:23:05,985 Tell her you're sorry you turned out like this. 328 00:23:05,986 --> 00:23:07,565 Do you understand me? 329 00:23:07,566 --> 00:23:11,733 You worthless, powerless team leader, you punk! 330 00:23:12,438 --> 00:23:15,787 What a complete scumbag. Darn it! 331 00:23:15,788 --> 00:23:17,805 The tables always turn in this industry. 332 00:23:17,806 --> 00:23:21,827 Don't regret it later. You started this. 333 00:23:24,930 --> 00:23:29,417 - Ugh, you punk! - Darn it. 334 00:23:30,719 --> 00:23:34,222 How could you actually do it just because that punk told you to? 335 00:23:34,223 --> 00:23:35,329 I'm sorry, sir. 336 00:23:35,330 --> 00:23:37,725 You think moving a few boxes would kill the deal? 337 00:23:37,726 --> 00:23:41,896 And if it did work, that's what makes it even worse. Okay? 338 00:23:41,897 --> 00:23:45,275 What, are you gonna keep hauling boxes from now on? 339 00:23:45,276 --> 00:23:48,641 Jeez, this isn't just about carrying boxes. 340 00:23:48,642 --> 00:23:52,933 It's Hongsung being treated like Paradis Mall's errand boy! 341 00:23:52,934 --> 00:23:55,118 Do you know what that means? 342 00:23:55,119 --> 00:23:59,664 - I'm sorry. I didn't think of it that way. - Darn it. 343 00:23:59,665 --> 00:24:01,541 You drive. 344 00:24:01,542 --> 00:24:04,452 - Yes, sir. - Darn it. 345 00:24:09,049 --> 00:24:12,594 Hello. I'm Mo Yu Jin from INA Department Store's Sales Team. 346 00:24:12,595 --> 00:24:15,013 - Yes, hello. - Nice to meet you. 347 00:24:15,014 --> 00:24:17,174 Please have a seat. 348 00:24:19,138 --> 00:24:21,144 20%? 349 00:24:21,145 --> 00:24:26,545 Yes, as you heard, it's 20% for luxury stores and 36% for regular stores. 350 00:24:26,546 --> 00:24:29,152 You're raising it by 4% all of a sudden? 351 00:24:29,153 --> 00:24:31,738 This doesn't just apply to Hongsung. 352 00:24:31,739 --> 00:24:35,273 You mean this rate applies to CGM as well, right? 353 00:24:35,274 --> 00:24:37,027 Yes. 354 00:24:37,745 --> 00:24:41,080 So you're telling us to pull out our stores. 355 00:24:41,081 --> 00:24:45,543 If you can't accept it, we'll have no choice. 356 00:24:45,544 --> 00:24:48,004 What if we accept it? 357 00:24:48,005 --> 00:24:50,507 Will you ask for 22%? 358 00:24:50,508 --> 00:24:54,219 If both Hongsung and CGM accept it, I suppose so. 359 00:24:54,220 --> 00:24:56,661 What happens if we pull out now? 360 00:24:56,662 --> 00:24:58,533 Will you pay the penalties? 361 00:24:58,534 --> 00:25:01,893 Yes. We're prepared to pay them. 362 00:25:01,894 --> 00:25:07,029 The contract renews in six months. You're still willing to pay the penalty? 363 00:25:07,030 --> 00:25:11,736 Yes, that's the decision we've made. 364 00:25:11,737 --> 00:25:15,357 Could I speak with your team leader? 365 00:25:16,702 --> 00:25:18,368 Since our side sent me, 366 00:25:18,369 --> 00:25:20,954 and Hongsung sent you, right? 367 00:25:20,955 --> 00:25:25,113 If your team leader came, we'd have sent ours too. 368 00:25:25,114 --> 00:25:30,121 Don't you understand what it means when assistant managers handle it themselves? 369 00:25:30,746 --> 00:25:33,591 I have an appointment. Call me once you get confirmation. 370 00:25:33,592 --> 00:25:36,219 We'll wait until next week. 371 00:25:36,220 --> 00:25:39,506 Then take care. 372 00:25:45,312 --> 00:25:48,189 You did the right thing. I'd have done the same. 373 00:25:48,190 --> 00:25:51,981 Oh, no... I still shouldn't have lost my temper. 374 00:25:51,982 --> 00:25:54,929 I just got so angry in the moment. 375 00:25:54,930 --> 00:25:56,531 I'm sorry, sir. 376 00:25:56,532 --> 00:25:59,367 How many times are you gonna say you're sorry? 377 00:25:59,368 --> 00:26:01,160 Sorry... I mean, no, yes. God... 378 00:26:01,161 --> 00:26:04,948 Jeez. 379 00:26:05,583 --> 00:26:07,417 Oh, over here! 380 00:26:07,418 --> 00:26:09,365 - It just came out, so it's still hot. - You're here. 381 00:26:09,366 --> 00:26:10,587 - We ordered for you. - Good job today. 382 00:26:10,588 --> 00:26:14,124 - Good job today. - Good work. Eat up. 383 00:26:16,385 --> 00:26:18,177 Good job today, Mr. Yang. 384 00:26:18,178 --> 00:26:19,869 Good job for what? 385 00:26:19,870 --> 00:26:21,889 I hear the rumor's everywhere. 386 00:26:21,890 --> 00:26:24,581 They say Hongsung's Assistant Manager Yang called 387 00:26:24,582 --> 00:26:28,709 Team Leader Kang at Paradis Mall a worthless, powerless scumbag. 388 00:26:28,710 --> 00:26:30,289 That's all that got around? 389 00:26:30,290 --> 00:26:32,749 Didn't you hear I destroyed that punk in an argument? 390 00:26:32,750 --> 00:26:37,905 No, I heard just the "worthless, powerless scumbag" part. 391 00:26:37,906 --> 00:26:40,233 What a pain. 392 00:26:41,994 --> 00:26:44,901 So they really asked for 20%, right? 393 00:26:44,902 --> 00:26:47,277 Oh, yes. 394 00:26:47,278 --> 00:26:49,876 I've never heard anyone in the Korean market ask for 20% before. 395 00:26:49,877 --> 00:26:52,113 CGM actually agreed to that? 396 00:26:52,114 --> 00:26:53,549 What margin is left for them? 397 00:26:53,550 --> 00:26:56,424 Exactly. It doesn't seem like they'd make anything. 398 00:26:56,425 --> 00:26:58,051 Wouldn't they actually lose money? 399 00:26:58,052 --> 00:26:59,469 Even those department store guys too. 400 00:26:59,470 --> 00:27:02,263 It makes no sense. They're up for renewal with us in six months. 401 00:27:02,264 --> 00:27:04,261 Why go as far as paying the penalty 402 00:27:04,262 --> 00:27:09,609 and take such risks just to gain market share in the short term? 403 00:27:09,610 --> 00:27:13,433 They could win easily by just taking it slow and steady. 404 00:27:15,611 --> 00:27:17,612 Ji Hye, are you trading crypto? 405 00:27:17,613 --> 00:27:20,031 Oh, sorry. I need to pass this along. 406 00:27:20,032 --> 00:27:23,189 - What is it? - Laknes sent over next season's designs. 407 00:27:23,190 --> 00:27:25,257 So I need to share them with Marketing. 408 00:27:25,258 --> 00:27:26,509 What is it? Let me see. 409 00:27:26,510 --> 00:27:28,061 If it's Laknes, that's a different story. 410 00:27:28,062 --> 00:27:31,326 - Oh, should I send them all to you? - Yes, please. 411 00:27:32,127 --> 00:27:34,412 Yes, I sent it. 412 00:27:36,715 --> 00:27:39,697 Wow. These designs are intense. 413 00:27:39,698 --> 00:27:41,661 I don't understand these designs anymore. 414 00:27:41,662 --> 00:27:43,021 Aren't they a little too much? 415 00:27:43,022 --> 00:27:46,309 The designs have to be bold to get a good response in China. 416 00:27:46,310 --> 00:27:51,554 I mean, these days, if you can't sell in China, you're not going anywhere. 417 00:28:04,451 --> 00:28:06,369 - Mr. Gong. - Wait... 418 00:28:06,370 --> 00:28:09,427 Wait, Mr. Yang! Mr. Gong! 419 00:28:09,428 --> 00:28:11,408 Ms. Jang? 420 00:28:15,087 --> 00:28:18,047 Mr. Yang! Mr. Gong! 421 00:28:18,048 --> 00:28:20,291 - Where are they going? - Mr. Gong! 422 00:28:21,844 --> 00:28:24,721 Ms. Joo submitted her resignation today. 423 00:28:24,722 --> 00:28:27,465 Not exactly a surprise, is it? 424 00:28:28,183 --> 00:28:30,873 More than five people in Sales Team 1 have already resigned. 425 00:28:30,874 --> 00:28:33,061 Park Eun Sik from Team 1 is quitting too. 426 00:28:33,062 --> 00:28:35,397 Park Eun Sik? 427 00:28:35,398 --> 00:28:37,309 They even snagged a second-year employee? 428 00:28:37,310 --> 00:28:40,589 For now, he says it's for family reasons. 429 00:28:40,590 --> 00:28:44,761 After what happened last time, we tightened everything up, and now this... 430 00:28:44,762 --> 00:28:48,995 Even if there were ethical concerns last time, this time it's different. 431 00:28:48,996 --> 00:28:52,039 Who's going to stop them from leaving for better terms? 432 00:28:52,040 --> 00:28:54,769 Still, if they're leaving, they should at least be honest about it. 433 00:28:54,770 --> 00:28:58,237 "Family reasons"? Give me a break. 434 00:28:58,238 --> 00:29:00,965 Alright, enough. Let's forget about the people who've left. 435 00:29:00,966 --> 00:29:03,509 Those who left are gone, and those who stayed need to work. 436 00:29:03,510 --> 00:29:07,045 Alright. Anything new since the last report? 437 00:29:07,046 --> 00:29:10,893 Nothing new yet, but I have a feeling there'll be more. 438 00:29:12,506 --> 00:29:16,833 Alright. If any more brands or partners want to terminate, 439 00:29:16,834 --> 00:29:19,665 don't bother holding them back. Just report it right away. 440 00:29:19,666 --> 00:29:23,654 Some won't feel comfortable saying it outright. There'll be more. 441 00:29:23,655 --> 00:29:27,533 And don't be too submissive with the department stores. 442 00:29:27,534 --> 00:29:29,777 Mr. Jang, but if we let go of every brand that wants out, 443 00:29:29,778 --> 00:29:31,357 we'll lose 50% of our brands. 444 00:29:31,358 --> 00:29:34,533 And we'll lose 60% of our sales outlets. 445 00:29:34,534 --> 00:29:36,657 Then what do you suggest? 446 00:29:36,658 --> 00:29:38,917 Should we beg them to stay? 447 00:29:38,918 --> 00:29:41,561 Wouldn't that just make us look pathetic? 448 00:29:41,562 --> 00:29:43,813 There's no point blaming them. 449 00:29:43,814 --> 00:29:46,969 In the end, a company exists to make a profit. 450 00:29:46,970 --> 00:29:49,489 If someone offered me better terms, 451 00:29:49,490 --> 00:29:50,807 I'd do the same. 452 00:29:50,808 --> 00:29:52,497 Did you think we were friends 453 00:29:52,498 --> 00:29:55,585 just because we shake hands and eat good food together? 454 00:29:55,586 --> 00:29:57,693 That's not how business works. 455 00:29:57,694 --> 00:30:00,729 The world has always run on that kind of hypocrisy. 456 00:30:00,730 --> 00:30:02,004 All that's happened 457 00:30:02,005 --> 00:30:05,593 is that the hypocrisy keeping it running has been stripped away. 458 00:30:05,594 --> 00:30:11,369 It'll be tough, but the company won't fall apart. Hold your heads up. 459 00:30:11,370 --> 00:30:14,956 And while we're at it, send the goods we diverted to malls and outlets back 460 00:30:14,957 --> 00:30:18,389 - to department stores at full retail price. - Yes, ma'am. 461 00:30:18,390 --> 00:30:21,689 Ma'am, are you saying we're giving up on inventory management too? 462 00:30:21,690 --> 00:30:23,709 We can't manage the inventory anyway. 463 00:30:23,710 --> 00:30:27,710 At a time like this, we should at least cash in on penalty fees. 464 00:30:31,765 --> 00:30:34,300 [Team Leader Gong Eun Tae, Team 5] 465 00:30:36,728 --> 00:30:39,305 Yeah. What is it? 466 00:30:45,046 --> 00:30:47,761 - Good evening, ma'am. - Hello. 467 00:30:47,762 --> 00:30:48,948 What's going on? 468 00:30:48,949 --> 00:30:51,659 What about CGM? 469 00:30:51,660 --> 00:30:52,987 It's China. 470 00:30:52,988 --> 00:30:54,871 - Tariffs? - Yes. 471 00:30:54,872 --> 00:30:59,069 Laknes enter Korea because of tariffs in the first place, right? 472 00:30:59,070 --> 00:31:03,157 Because shipping through Korea avoids the tariffs on goods going into China. 473 00:31:03,158 --> 00:31:05,089 I understand that. 474 00:31:05,090 --> 00:31:07,201 But it still doesn't make sense. 475 00:31:07,202 --> 00:31:10,213 Why push themselves so recklessly? 476 00:31:10,214 --> 00:31:12,477 There's a rumor going around Shenzhen. 477 00:31:12,478 --> 00:31:14,525 Starting next year, there'll apparently be major restrictions 478 00:31:14,526 --> 00:31:18,369 on establishing new companies in the Shenzhen tax-free zone. 479 00:31:18,370 --> 00:31:20,473 Next year is only three months away, huh? 480 00:31:20,474 --> 00:31:23,609 Yes. They have to establish the Korean entity within that time, 481 00:31:23,610 --> 00:31:26,027 then set up the Chinese entity, secure a warehouse, 482 00:31:26,028 --> 00:31:28,229 choose the initial shipment, and generate sales. 483 00:31:28,230 --> 00:31:31,585 Shenzhen only issues tariff exemption permits once sales have been generated. 484 00:31:31,586 --> 00:31:33,034 In other words, if it goes into next year, 485 00:31:33,035 --> 00:31:36,637 CGM won't qualify for the tariff benefits. 486 00:31:36,638 --> 00:31:38,149 How far did you verify this? 487 00:31:38,150 --> 00:31:40,689 I confirmed it through the deputy secretary's office in Shenzhen. 488 00:31:40,690 --> 00:31:43,953 If we drag this out, we win. 489 00:31:43,954 --> 00:31:47,385 That's true. If we just keep up the price war with CGM 490 00:31:47,386 --> 00:31:49,842 and make them fight over margins, 491 00:31:49,843 --> 00:31:51,869 they won't be able to sustain it. 492 00:31:51,870 --> 00:31:53,137 And if they can't enter China, 493 00:31:53,138 --> 00:31:57,091 they won't be able to sustain those margins in Korea either. 494 00:31:59,246 --> 00:32:02,669 We have another option besides dragging this out. 495 00:32:02,670 --> 00:32:04,829 What is it now? You're making me nervous. 496 00:32:04,830 --> 00:32:06,817 What is it? 497 00:32:06,818 --> 00:32:10,980 First, let's make some money off the penalties. 498 00:32:29,508 --> 00:32:32,760 What on earth are these guys so confident about? 499 00:32:32,761 --> 00:32:35,096 No, I understand your position, Mr. Min Ji Hoon. Yes. 500 00:32:35,097 --> 00:32:38,217 Yes, I hope you understand that we have no choice 501 00:32:38,218 --> 00:32:40,013 but to proceed with CGM. 502 00:32:40,014 --> 00:32:41,477 Instead, we'll pull out of 503 00:32:41,478 --> 00:32:43,854 all the sales outlets we've established as soon as the contract ends. 504 00:32:43,855 --> 00:32:46,399 You should know it'll be very difficult 505 00:32:46,400 --> 00:32:49,143 to reach these sales figures again, okay? 506 00:32:52,322 --> 00:32:54,607 Oh, go on. Keep working. 507 00:32:55,575 --> 00:32:56,909 Give that to me. 508 00:32:56,910 --> 00:32:59,912 It's fine. Hand it over. 509 00:32:59,913 --> 00:33:02,657 Talking about business, my foot. 510 00:33:04,459 --> 00:33:06,002 So have you made your decision? 511 00:33:06,003 --> 00:33:10,245 Yes, we're pulling out all of our stores. 512 00:33:10,246 --> 00:33:15,052 - Excuse me? - We can't accept a 4% increase. 513 00:33:15,053 --> 00:33:16,881 - Wait... - Our Legal Team will contact you 514 00:33:16,882 --> 00:33:18,653 regarding the penalties. 515 00:33:18,654 --> 00:33:20,383 Then I'll get going. 516 00:33:25,105 --> 00:33:27,249 What is going on? 517 00:33:27,250 --> 00:33:28,816 Once we settle the penalties, 518 00:33:28,817 --> 00:33:31,527 Hongsung will enter the Chinese market before CGM. 519 00:33:31,528 --> 00:33:33,654 We're already in China. 520 00:33:33,655 --> 00:33:35,072 Yes, but our Chinese entity 521 00:33:35,073 --> 00:33:37,742 is essentially just a distribution channel for Korean brands, right? 522 00:33:37,743 --> 00:33:41,245 So you're saying we should take foreign brands there before them? 523 00:33:41,246 --> 00:33:45,277 Yes. We'll pick the brands CGM fears most 524 00:33:45,278 --> 00:33:46,834 and plant Hongsung's flag 525 00:33:46,835 --> 00:33:49,295 in China before CGM does. 526 00:33:49,296 --> 00:33:50,793 Does that even make sense? 527 00:33:50,794 --> 00:33:54,569 How many global brands would side with us 528 00:33:54,570 --> 00:33:57,357 if we went up against CGM? 529 00:33:57,358 --> 00:34:01,140 If we were fighting CGM, you're right. 530 00:34:01,141 --> 00:34:03,843 But what about Mantua? 531 00:34:14,654 --> 00:34:16,893 CGM may be a giant, 532 00:34:16,894 --> 00:34:18,657 but they're no match for Mantua. 533 00:34:18,658 --> 00:34:21,118 When it comes to fragrance alone, 534 00:34:21,119 --> 00:34:23,625 they're simply in different leagues. 535 00:34:23,626 --> 00:34:26,499 If CGM is a player in North America, 536 00:34:26,500 --> 00:34:31,245 Mantua distributes European brands worldwide. 537 00:34:32,297 --> 00:34:34,226 Would a company that's only ever done warehouse wholesale 538 00:34:34,227 --> 00:34:35,609 suddenly go into retail? 539 00:34:35,610 --> 00:34:39,561 What if we set them up to do that wholesale business in China? 540 00:34:39,562 --> 00:34:42,431 We're not asking Hongsung to be their agency. 541 00:34:42,432 --> 00:34:46,245 We'd just help them secure brands and make it a win-win for both sides. 542 00:34:46,246 --> 00:34:47,833 So there's no reason they'd turn that down. 543 00:34:47,834 --> 00:34:50,349 Once that happens, we'll have 544 00:34:50,350 --> 00:34:52,685 all the Mantua brands to ourselves. 545 00:34:52,686 --> 00:34:56,973 That's right. If CGM goes up against Mantua, 546 00:34:56,974 --> 00:34:58,893 no brand will side with CGM. 547 00:34:58,894 --> 00:35:03,965 Yes. If we can bring Mantua into China, we win. 548 00:35:03,966 --> 00:35:05,653 We collect all the penalty fees 549 00:35:05,654 --> 00:35:08,493 and win the battle too. 550 00:35:08,494 --> 00:35:12,294 And the ones who left will have no choice but to sign with us again? 551 00:35:12,295 --> 00:35:16,150 Yes. We can even offer them better terms. 552 00:35:19,746 --> 00:35:24,006 Not a word of this gets out, okay? 553 00:35:25,183 --> 00:35:27,193 - Park Gi Tae, Lee Ji Hye. - Yes, ma'am? 554 00:35:27,194 --> 00:35:29,085 You two need to be the most careful. 555 00:35:29,086 --> 00:35:30,295 People tend to get loose-lipped 556 00:35:30,296 --> 00:35:32,381 when they suddenly get access to sensitive information. 557 00:35:32,382 --> 00:35:34,108 Do you understand? 558 00:35:34,109 --> 00:35:36,819 - Yes. I'll keep that in mind. - Yes, understood. 559 00:35:36,820 --> 00:35:38,473 - Mr. Gong. - Yes. 560 00:35:38,474 --> 00:35:41,521 Starting tomorrow, pull out of every store demanding a renewal 561 00:35:41,522 --> 00:35:43,637 and collect the penalties. 562 00:35:43,638 --> 00:35:46,609 Pass all the interior construction costs on to them, too. 563 00:35:46,610 --> 00:35:51,105 In return, Mr. Gong, convince Mr. Sponza by any means necessary. 564 00:35:51,106 --> 00:35:52,641 That's our lifeline. 565 00:35:52,642 --> 00:35:54,829 Yes, understood. 566 00:35:56,047 --> 00:35:58,207 You can all go home. 567 00:36:04,190 --> 00:36:06,041 Her presence is truly something. 568 00:36:06,042 --> 00:36:08,993 Wow, she actually knew my name? 569 00:36:08,994 --> 00:36:10,157 Mine too. 570 00:36:10,158 --> 00:36:13,397 She knows me better than I know myself. 571 00:36:13,398 --> 00:36:16,233 She probably knows you guys better than you know yourselves. 572 00:36:16,234 --> 00:36:18,227 Come on, let's get out of here. 573 00:36:37,786 --> 00:36:40,725 Alright, tonight we have 574 00:36:40,726 --> 00:36:44,887 three kinds of grilled blackthroat seaperch with mullet roe, caviar, and truffle. 575 00:36:44,888 --> 00:36:47,715 Wait, let me put them down. 576 00:36:49,142 --> 00:36:50,725 Thank you, Executive Director. 577 00:36:50,726 --> 00:36:54,129 Start with the mullet roe, then the caviar, then the truffle. 578 00:36:54,130 --> 00:36:56,223 Oh, okay. 579 00:37:00,570 --> 00:37:01,820 How is it? 580 00:37:01,821 --> 00:37:04,690 Wow, this is really good. 581 00:37:06,890 --> 00:37:08,736 Thank you. 582 00:37:10,538 --> 00:37:16,752 Well, Hongsung says they're pulling all their stores. 583 00:37:16,753 --> 00:37:19,922 Then our department stores will be practically empty. 584 00:37:19,923 --> 00:37:22,258 We'll fill those empty spaces with even better terms. 585 00:37:22,259 --> 00:37:24,261 So what is there to worry about? 586 00:37:24,262 --> 00:37:26,804 Change is always scary. 587 00:37:26,805 --> 00:37:30,885 Especially when there's no resistance to it. 588 00:37:30,886 --> 00:37:36,065 Sir, you really don't need to worry. 589 00:37:36,066 --> 00:37:38,081 Hongsung has no cards left to play. 590 00:37:38,082 --> 00:37:40,313 That's what makes it strange. 591 00:37:40,314 --> 00:37:43,989 I thought Hongsung would go as high as 20%. 592 00:37:43,990 --> 00:37:48,633 Well, maybe they decided renewing wouldn't be easy anyway, 593 00:37:48,634 --> 00:37:51,005 so they're just trying to make money off the penalties. 594 00:37:51,006 --> 00:37:53,957 Of course, they're trying to make money off the penalties. 595 00:37:53,958 --> 00:37:56,505 But it looks like they're pulling out 596 00:37:56,506 --> 00:38:00,181 of every store that asked to renew, not just ours. 597 00:38:00,182 --> 00:38:05,134 Well, at this rate, Hongsung is practically packing up business, right? 598 00:38:05,135 --> 00:38:09,088 If they can't survive, they'll have to shut down. What else can they do? 599 00:38:12,086 --> 00:38:14,205 - Mr. Jung. - Yes? 600 00:38:14,206 --> 00:38:16,353 How long have you been with Hongsung? 601 00:38:16,354 --> 00:38:18,105 Eleven years. 602 00:38:18,106 --> 00:38:22,943 How many crises has Hongsung been through over the years? 603 00:38:22,944 --> 00:38:26,238 Well... I'm not sure. 604 00:38:26,239 --> 00:38:30,159 Hongsung won't fall apart over this. 605 00:38:30,160 --> 00:38:32,862 I know that better than anyone. 606 00:38:35,248 --> 00:38:39,585 Confidence is good, but don't get complacent. 607 00:38:39,586 --> 00:38:43,317 If this goes wrong, we'll take a big hit too. 608 00:38:43,318 --> 00:38:46,250 Yes, understood, sir. 609 00:38:55,518 --> 00:38:59,346 [Department Store Contract Termination Notice] 610 00:39:01,441 --> 00:39:06,520 [Executive Director Gu In Mok] 611 00:39:07,405 --> 00:39:09,523 Come in. 612 00:39:17,624 --> 00:39:19,825 You wanted to see me, sir? 613 00:39:23,630 --> 00:39:24,838 What's all this? 614 00:39:24,839 --> 00:39:28,441 This isn't something we can fix by begging them to stay. 615 00:39:28,442 --> 00:39:30,886 So you're going to pull out of all of them? 616 00:39:30,887 --> 00:39:33,514 Are you saying we should just throw away the business with no plan? 617 00:39:33,515 --> 00:39:35,641 We already have a plan. 618 00:39:35,642 --> 00:39:37,851 What is it? 619 00:39:37,852 --> 00:39:42,139 I apologize, but may I report it at a later time? 620 00:39:44,109 --> 00:39:46,269 You little punk, what do you take me for? 621 00:39:46,270 --> 00:39:48,695 I understand CEO Jung Sun Hyuk offered our finance team leader 622 00:39:48,696 --> 00:39:53,367 - the CFO position at CGM Korea. - And? 623 00:39:53,368 --> 00:39:56,703 If I were Jung Sun Hyuk, I figured you'd be the first person 624 00:39:56,704 --> 00:39:59,029 I'd approach, sir. 625 00:39:59,030 --> 00:40:02,017 Jung Sun Hyuk will be a CEO in name only, getting talked down to 626 00:40:02,018 --> 00:40:04,002 by department stores. 627 00:40:04,003 --> 00:40:07,429 Because no matter how big CGM is, he is still just him. 628 00:40:07,430 --> 00:40:10,592 We need someone like you 629 00:40:10,593 --> 00:40:14,041 to deal with department stores on equal footing in Korea. 630 00:40:14,042 --> 00:40:18,308 So, you're saying you need to keep secrets from me as well? 631 00:40:18,309 --> 00:40:20,427 I'm sorry. 632 00:40:52,802 --> 00:40:53,927 May I have your attention, please... 633 00:40:53,928 --> 00:40:57,673 [Mantua] 634 00:40:59,010 --> 00:41:00,241 Sponza, 635 00:41:00,242 --> 00:41:03,429 I have something to tell you in person. 636 00:41:04,189 --> 00:41:08,017 I'll send our CMO to Korea to meet you. 637 00:41:11,154 --> 00:41:14,481 Should I send you the data in advance? 638 00:41:15,110 --> 00:41:16,575 No need. 639 00:41:16,576 --> 00:41:19,528 It's better to meet and talk in person. 640 00:41:21,234 --> 00:41:23,415 I don't know what you talk about, 641 00:41:23,416 --> 00:41:26,660 but I'm gonna go whatever she decides. 642 00:41:28,213 --> 00:41:30,997 You can try to convince her. 643 00:41:30,998 --> 00:41:33,417 Team Leader Gong Eun Tae? 644 00:41:36,971 --> 00:41:39,423 It won't be easy. 645 00:42:09,087 --> 00:42:13,006 [Team Leader Gong Eun Tae, Team 5] 646 00:42:13,007 --> 00:42:15,459 Yeah, what's up? 647 00:42:24,978 --> 00:42:28,389 [My Daughter] 648 00:42:30,233 --> 00:42:32,643 [Mom] 649 00:42:37,030 --> 00:42:38,615 Mom, where are you? 650 00:42:38,616 --> 00:42:40,433 Yoon Kyung, are you home? 651 00:42:40,434 --> 00:42:43,393 Of course, I am. You said we'd have dinner together. 652 00:42:43,394 --> 00:42:48,697 Uh... yeah, but Mom's gonna be a little late today. 653 00:42:48,698 --> 00:42:50,441 Oh, come on... 654 00:42:50,442 --> 00:42:53,357 I told you I was having dinner with Min Ji. 655 00:42:53,358 --> 00:42:56,592 I'm sorry. I really was trying to get home early, but... 656 00:42:56,593 --> 00:42:58,218 - Work just... - Ugh, forget it. 657 00:42:58,219 --> 00:43:00,137 Did I beg you to have dinner with me? 658 00:43:00,138 --> 00:43:01,713 Why make promises you can't keep 659 00:43:01,714 --> 00:43:03,640 and get me all worked up? 660 00:43:03,641 --> 00:43:05,392 On my birthday, of all days! 661 00:43:05,393 --> 00:43:08,562 Well, I really was trying to get home early. 662 00:43:08,563 --> 00:43:10,230 Forget it. I'm going out. 663 00:43:10,231 --> 00:43:13,637 Where are you going? Have dinner with Dad. I'll be home soon. 664 00:43:13,638 --> 00:43:17,396 Why would I eat with Dad? I'm hanging up!