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Recent Articles

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Naver, Korea's largest internet company, to buy US fashion reseller Poshmark for US$1.2B as it furthers international expansion; Poshmark will become standalone subsidiary while retaining its current management team, led by founder and CEO Manish Chandra

Former Lego franchising partner Inventive Retail Group to replace Lego stores in Russia with chain of toy shops called 'World of Cubes' after Lego stopped exporting to country following Ukraine invasion; IRG plans to open 65 stores in 20 cities

Federal judge dismisses a US$1B lawsuit against McDonald's by a group of Black franchisees who claimed the company pressured them into opening restaurants in crime-ridden and low-income neighborhoods

DHL partners with e-commerce platform BigCommerce to support global growth of US merchants by offering expedited shipments to help maximize their cross-border potential; platform serves fast-growing and established B2C and B2B brands

Barilla to bring its plastic-free packaging to every European country, which will save 126 tonnes of plastic by end of 2022; Barilla had ditched plastic windows on its UK packaging in 2020

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