
S. Korean fashion label Nerdy opens in Vietnam
Jan 06, 2023 23:03 pm UTC| Life Economy Business
South Korean streetwear brand Nerdyhas opened its first brick-and-mortar store in Vietnam under a partnership with local distributor Maison Retail Management International (MRMI). Housed at Vincom Dong Khoi, in downtown...

McDonald’s trials contactless fast food outlet in Texas
Jan 05, 2023 23:20 pm UTC| Life Economy Business
McDonalds is testing an automated system in Fort Worth,Texas that lets customers order, pay for and collect food and beverages via touchscreens. Dubbed Order Ahead Lane, the service is both for drive-through customers...

Global Brands acquires 3 alcohol brands it produces under license from Molson Coors
Jan 05, 2023 23:06 pm UTC| Life Economy Business
Global Brands has announced the acquisition of Hooch, Hoopers, and Reef alcohol brands from Molson Coors Beverage Company. According to the Independent drinks firm, the acquisition will give them freedom to grow that...

Adidas legal battle with luxury designer Thom Browne over stripes kicks off
Jan 04, 2023 22:32 pm UTC| Law Economy Business Life Sports
German sportswear brand Adidas lawsuit against high-fashion label Thom Browne for trademark infringement kicked off in court Tuesday. Adidas filed the suit against the luxury brand in June 2021 for infringing on its...

Southwest Airlines sued for not refunding passengers after meltdown
Jan 04, 2023 22:13 pm UTC| Law Life Economy Business
A passenger sued Southwest Airlines for breach of contract for failing to refund him and other passengers left stranded due to an operational meltdown that canceled over 15,000 flights in Decmeber. The plaintiff, Eric...

McDonald’s abandoning Kazakhstan biz due to meat supply woes
Jan 03, 2023 23:09 pm UTC| Life Economy Business
McDonalds Corp. will withdraw its business in Kazakhstan after six years of operations due to a shortage of meat supply after disruptions triggered by the Ukraine invasion. Although Kazakh businesses arent covered by...

Hong Kong’s Link to acquire Singapore real estate assets
Dec 31, 2022 21:11 pm UTC| Life Economy Business
Hong Kong real estate giant Link Reit is acquiring two Singaporean retail developments, Jurong Point and Swing By @ Thomson Plaza, for US$1.6 billion. Upon the transactions completion with the seller, Mercatus...