Lotte Shopping announced on the 3rd that the new future shopping mall 'Time Villus' and grocery store 'Repisserie' introduced by Lotte Department Store received the grand prize in the communication category at the prestigious 'iF Design Award 2025.'
'iF Design Award 2025' is a global design competition held in Germany, recognized as one of the top three design awards in the world alongside Germany's 'Red Dot Award' and the United States' 'IDEA.'
Lotte Department Store has won the grand prize for two consecutive years, following last year's award.
Time Villus is Lotte's new future shopping mall brand that combines the strengths of department stores, shopping malls, and outlets, presenting a convergence concept that transcends dimensions. The first store opened in Suwon last year, with plans to open locations in Songdo and Suseong by 2030.
Repisserie is the new name for Lotte Department Store Market, aiming to provide various premium content to satisfy customers' quality of life and essential values. Lotte plans to expand the Repisserie brand design to major stores starting this year.
Jeong Ui-jeong, head of the design center at Lotte Department Store, noted, 'This award means that Time Villus and Repisserie have been recognized for their story and strategy as brands that offer special experiences and values to customers beyond being mere sales spaces.'