Japanese fashion retailer Zozo to open 1st physical outlet offering styling advice

Dec 07, 2022 23:44 pm UTC| Life Economy Business

Japanese online fashion retailer Zozo Inc will open its first physical outlet in Tokyo in mid-December that will not sell clothes but offer free styling advice to customers. Dubbed Niaulab, the store will have...

Hertz paying $168M to settle theft, false arrest lawsuits

Dec 07, 2022 07:02 am UTC| Business Economy

Hertz is resolving its false arrest and theft lawsuits by paying $168 million. The settlement will cover all 364 claims related to the false reporting of rental cars being stolen and wrongful arrests resulting from the...

올해 대미 '김치' 수출액 2700만 달러...사상 최대치 기록

Dec 07, 2022 06:50 am UTC| Economy

원본 기사 : Kimchi US exports hit a record high this year as the popularity of K-food spikes 한국 전통 발표식품인 김치에 대한 세계적인 관심이 높아지면서 미국 등 해외 시장에 대한 수출도 급증하고 있다. 지난 5일...

Jollibee to sell stake in Vietnam’s Highlands Coffee for $800 million

Dec 06, 2022 16:28 pm UTC| Economy Business Life

Jollibee Foods Corp is negotiating to sell 10 percent to 15 percent of its stake in its Vietnamese coffee chain, Highlands Coffee, for around $800 million. If successful, the stake sale could eventually pave the way for...

Diageo India partners with Source Global to conserve groundwater, reduce carbon emissions

Dec 06, 2022 12:46 pm UTC| Economy Business Nature Science

Diageo India will leverage Source Hydropanel technology, which uses the sun to draw pure water vapor out of the air, to produce water for its single malt whisky brand Godawan. Renewable water technology company Source...

Nike permanently ditches Kyrie Irving as it cut ties over antisemitic comments

Dec 06, 2022 10:04 am UTC| Business Economy

Nike Inc. announced on Monday, Dec. 5, it has finally made the decision to sever its ties with the 30-year-old National Basketball Association player Kyrie Irving of the Brooklyn Nets. This means his contract with the...

PepsiCo bares plans to layoff workers from its corporate unit

Dec 06, 2022 09:48 am UTC| Business Economy

PepsiCo Inc. is reportedly planning job cuts that will affect hundreds of corporate employees. It will be removing hundreds of staff from its headquarters in North America. The job terminations were first reported by...