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The "Made in Korea" green tracksuits and pink jumpsuits worn by characters in Netflix's global hit "Squid Game" have proven a pre-Halloween bright spot for a South Korean garment industry struggling during the pandemic. ....
KFC operator Yum China Holdings Inc (9987.HK), said on Tuesday its adjusted operating profit would take a 50% to 60% hit in the third quarter as the spread of the Delta variant in China led to restaurant closures and "sharply reduced sales". ....
Reuters 3 minute read FIGS Inc co-founders Heather Hasson and Trina Spear arrive at the NYSE with FIGS ambassadors to celebrate the company s initial public offering in New York City, U.S., May 27, 2021. NYSE/Handout via REUTERS FIGS Inc s (FIGS.N) shares jumped nearly 29% in their market debut on Thursday, valuing the company at $4.57 billion, indicating robust investor interest after the maker of medical scrubs, face masks and shields saw a jump in demand during the COVID-19 pandemic. The shares opened at $28.30 each, up from the offer price of $22 each, in what was the first listing to be included on Robinhood s platform which will give retail investors the opportunity to buy shares in initial public offerings. read more ....