Ownership means nothing anymore. Any ol' halfwit can BUY and OWN a company... But managing it and operating it well are a different story. I don't know much about this Korean company, but something tells me that they probably have plans for it that will likely include producing large quantities of specific tartans for the Korean market...

From what I know about Korea (and Koreans), they are NOTHING like the Japanese. The Japanese, outside of certain very specific niches, are absolutely hopeless businesspeople, extremely rigid and set in their ways, and make awful business decisions. They also tend to be complacent, and prefer business to come to THEM rather than going out and getting the customers.

On the other hand, the experience I've had with Koreans, is that they were extremely ambitious, very eager to learn, adapt, and innovate, some almost to a scary, unethical point where the pursuit of their own, personal goals would supersede all else. "Mr. Kim. This man wants a blue kilt! Turn on the blue light, please!"

But I do think that this is very much a "wait and see" scenario as it could easily go in any direction. But I will tell you for a fact that the Koreans didn't invest in Lochcarron to lose money.