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2025-01-21
AP Business SummaryBrief at 6:36 p.m. ESTSEOUL, South Korea , Nov. 21, 2024 /PRNewswire/ -- Hugel Inc., a leading global medical aesthetics company, said on Friday it will spur expansion in the botulinum toxin market of the Middle East and North Africa (MENA) via a strategic partnership with Dubai -headquartered aesthetic and medical distribution partner Medica Group. The two companies have recently entered into an agreement to bolster the distribution of Hugel's toxin Botulax in the key markets of the region. Hugel, which exports its own toxin to 64 markets including the US, Europe and China , the world's three largest toxin buyers, obtained sales approval for Botulax in the Middle East last year. Medica Group is a leading player in the region and has strong distribution networks through its head office in the United Arab Emirates (UAE) and branches in Saudi Arabia and Lebanon . The company distributes medical aesthetic products from about 30 global brands, proving their solid know-how in the field and strong execution capabilities in the MENA. The MENA is one of the fastest growing regions for medical aesthetics, driven by strong economic momentum, favorable demographic characteristics, increasing accessibility to social media as well as social and consumption transformation. Hugel's Executive Chairman, Suk Cha , commented on the partnership: "We are very pleased to enter into this strategic collaboration with Medica Group. The Middle East represents a key market for Hugel, with its rapidly growing demand for medical aesthetic treatments. We have chosen Medica Group as our distributor because they share our commitment to excellence and quality. Their proven expertise, extensive reach and deep understanding of the region make them the ideal partner to bring our Botulax product to this dynamic region. Botulax is recognized globally for its quality, and we are confident that, through this partnership, it will become a leading choice for medical professionals and patients in the Middle East and Africa ." Andre Daoud , CEO of Medica Group, highlighted the importance of this collaboration: "Our partnership with Hugel marks a key milestone for us as we continue to expand our portfolio and lead the aesthetics market with global solutions. The introduction of Botulax in the Middle East and Africa offers healthcare professionals access to a world-class botulinum toxin that is highly trusted for its quality, safety, and performance. This strategic partnership aligns with our mission to provide advanced, innovative products and services that meet the demands of the region's growing beauty and medical aesthetics market. Hugel's global expertise, combined with our deep local knowledge and network, will create tremendous value for our customers and their patients." About Hugel Established in 2001, Hugel is a leading global medical aesthetics company that manufactures injectables for skin rejuvenation such as botulinum toxin, hyaluronic acid fillers and skin boosters as well as absorbable sutures and cosmetics products. The company is the only South Korean supplier to the world's three largest botulinum toxin markets, the US, China and Europe . It exports medical aesthetic products and devices to around 70 countries and operates eight global subsidiaries in the US, Australia , Canada , Taiwan , China , Hong Kong and Singapore . About Medica Group A leading partner in the field of aesthetic medicine, Medica Group continues to push the boundaries of beauty and wellbeing in the region. Being at the forefront of the industry, the group is renowned for its innovative approach, state-of-the-art solutions with a solid commitment to delivering outstanding results and setting new standards in aesthetics. A trusted partner for international aesthetic brands, Medica showcases a commitment to excellence and quality through the technologies of its product and services, and the collaboration of the aesthetic medicine community. Contact: Jihyun Kim , Manager of the PR Team, Hugel jihyun.kim@hugel-inc.com View original content to download multimedia: https://www.prnewswire.com/news-releases/hugel-and-medica-join-forces-to-boost-botulinum-toxin-sales-in-middle-east-north-africa-302313729.html SOURCE HugelBoxing Day shopper footfall was down 7.9% from last year across all UK retail destinations up until 5pm, MRI Software’s OnLocation Footfall Index found. However, this year’s data had been compared with an unusual spike in footfall as 2023 was the first “proper Christmas” period without Covid-19 pandemic restrictions, an analyst at the retail technology company said. It found £4.6 billion will be spent overall on the festive sales. Before the pandemic the number of Boxing Day shoppers on the streets had been declining year on year. The last uplift recorded by MRI was in 2015. Jenni Matthews, marketing and insights director at MRI Software, told the PA news agency: “We’ve got to bear in mind that (last year) was our first proper Christmas without any (Covid-19) restrictions or limitations. “Figures have come out that things have stabilised, we’re almost back to what we saw pre-pandemic.” There were year-on-year declines in footfall anywhere between 5% and 12% before Covid-19 restrictions, she said. MRI found 12% fewer people were out shopping on Boxing Day in 2019 than in 2018, and there were 3% fewer in 2018 than in 2017, Ms Matthews added. She said: “It’s the shift to online shopping, it’s the convenience, you’ve got the family days that take place on Christmas Day and Boxing Day.” People are also increasingly stocking-up before Christmas, Ms Matthews said, and MRI found an 18% increase in footfall at all UK retail destinations on Christmas Eve this year compared with 2023. Ms Matthews said: “We see the shops are full of people all the way up to Christmas Eve, so they’ve probably got a couple of good days of food, goodies, everything that they need, and they don’t really need to go out again until later on in that week. “We did see that big boost on Christmas Eve. It looks like shoppers may have concentrated much of their spending in that pre-Christmas rush.” Many online sales kicked off between December 23 and the night of Christmas Day and “a lot of people would have grabbed those bargains from the comfort of their own home”, she said. She added: “I feel like it’s becoming more and more common that people are grabbing the bargains pre-Christmas.” Footfall is expected to rise on December 27 as people emerge from family visits and shops re-open, including Next, Marks and Spencer and John Lewis that all shut for Boxing Day. It will also be payday for some as it is the last Friday of the month. A study by Barclays Consumer Spend had forecast that shoppers would spend £236 each on average in the Boxing Day sales this year, but that the majority of purchases would be made online. Nearly half of respondents said the cost-of-living crisis will affect their post-Christmas shopping but the forecast average spend is still £50 more per person than it was before the pandemic, with some of that figure because of inflation, Barclays said. Amid the financial pressures, many people are planning to buy practical, perishable and essential items such as food and kitchenware. A total of 65% of shoppers are expecting to spend the majority of their sales budget online. Last year, Barclays found 63.9% of Boxing Day retail purchases were made online. However, a quarter of respondents aim to spend mostly in store – an 11% rise compared with last year. Karen Johnson, head of retail at Barclays, said: “Despite the ongoing cost-of-living pressures, it is encouraging to hear that consumers will be actively participating in the post-Christmas sales. “This year, we’re likely to see a shift towards practicality and sustainability, with more shoppers looking to bag bargains on kitchen appliances and second-hand goods.” Consumers choose in-store shopping largely because they enjoy the social aspect and touching items before they buy, Barclays said, adding that high streets and shopping centres are the most popular destinations.mega ace88

AP News Summary at 5:38 p.m. EST

Popular Mozambique rapper Nikotina KF is rattled and stressed after facing police tear gas and rubber bullets just hours earlier but is determined to bring his voice to the youth-led protests running through his country. On the streets and in music videos that get thousands of views on YouTube, the 32-year-old musician is throwing himself into the waves of demonstrations that have gripped Mozambique since disputed October 9 elections. “I don’t think this is a political issue. It’s a social issue,” Nikotina told AFP on a busy street in Maputo’s rundown Mafalala neighborhood, his face tired and drawn after that morning’s protest dispersed by police. Rights groups say security forces killed dozens of people in youth-led protests called by opposition leader Venancio Mondlane, who rejects results showing he lost the presidential election to the Frelimo party that has governed for nearly 50 years. “People already had the gunpowder; Venancio lit the fuse,” said Nikotina, whose real name is Higino Fumo. “People realize that one group of people has a lot and another has very little. This creates social divides.” The southern African nation has ample resources — including newly discovered natural offshore gas — but more than 70 percent of its people live in poverty, according to the African Development Bank. Around two-thirds of the population of 33 million is under 25, according to UN figures, and young people are most affected by unemployment or underemployment. The despair of Mozambique’s youth, for whom the election had held the promise of change, is the theme of Nikotina’s latest collaboration, “Pray for Mozambique”, which shows him selling loaves of bread in a humble market. “You want to make a living, but you end up losing it when a policeman takes your peace away,” he sings in Portuguese in the clip, which had nearly 100,000 views in the week after it was published in early December. “I can die for everything, but I won’t live for nothing,” he sings. At least to dream “I’m not mobilizing young people because of Venancio,” the rapper, who often wears his trademark baseball cap and a single earring, told AFP. “I’m using my influence to promote the fundamental right to demonstrate that is in the Constitution of the Republic of Mozambique.” It is a point he makes in “Artigo 51 Uma Aula De Direito” (“Article 51 A Lesson in Law”). “For me, the biggest problem of young people is lack of hope. It is important that the government creates mechanisms for young people to at least dream.” His message and music inspire a huge following of fans and he is regularly stopped in the street to sign autographs or take pictures. As long as there is no hope for a better future, young people will not give up the protests, said Zilton Macas, a 29-year-old barber in Maputo’s Maxaquene neighborhood that has become a demonstration hotspot. “We young people really lack jobs,” he said. “In the past 10 years, Mozambique has become a lion’s den where only some people are able to survive.” Juvencia Bila, 43, graduated more than a dozen years ago with a degree in environmental management but has only found work selling fast food. “You grow up being encouraged by your mum and dad to study to have a better future. I went to school and even looked for a job from an early age, but it came to nothing,” she said from her stall, her university graduation cap on her head. Wilson Lobo, 24, ekes out a meagre living as an agent for mobile wallet apps, a far cry from his plans for a better life that led him to leave his rural province of Zambezia. “We want a different government to see if the country is poor or if it’s the leaders who are making the country poor,” he told AFP. Power to the people Using his profile to speak out in Mozambique’s increasingly bitter standoff has led to threats against him and his family, Nikotina said. It is a mission to which he committed after the death in March 2023 of his idol Mano Azagaia, one of the most respected social justice rappers in Mozambique and other Portuguese-speaking countries. In front of a mural of Azagaia, whose 2008 “Povo no Poder” (“People Power”) has long been an anthem of anti-government protests in Mozambique, he raises a fist of solidarity. — AFPBig Lots, the discount retail chain, is holding liquidation sales across all its stores after a deal to sell the company fell through. The Columbus, Ohio-headquartered business, known for its range of furniture, home decor, and other products, sought Chapter 11 bankruptcy protection in early September. Initially, Nexus Capital Management LP was set to purchase most of the company's assets. However, on Thursday, Big Lots announced that it no longer expects to finalize the sale with Nexus but is still aiming to complete an alternative deal with them or another buyer. The company's objective is to secure a sale by early January. Flat Earther admits he was wrong after traveling 9,000 miles to Antarctica to test his belief Ohio doctor charged with 1989 rape as DNA links him to crime and exposes other victims Currently, Big Lots' website is advertising discounts of up to 50% on its entire stock, and it has confirmed that all locations are shutting down. "We all have worked extremely hard and have taken every step to complete a going concern sale," Bruce Thorn, President and CEO of Big Lots, expressed in a release. "While we remain hopeful that we can close an alternative going concern transaction, in order to protect the value of the Big Lots estate, we have made the difficult decision to begin the GOB process." Despite the ongoing sales, Big Lots continues to operate both in-store and online, promising to keep customers informed on any developments. Big Lots has admitted that soaring inflation and interest rates have negatively impacted its business as customers cut back on home and seasonal product purchases, two categories the chain relies heavily on for revenue. The company has also faced stiff competition from rivals such as Walmart and warehouse clubs like Walmart's Sam's Clubs and Costco, all of whom have honed their pricing and merchandise strategies. As of the end of 2023, Big Lots ran close to 1,400 stores across 48 states. A more recent store count wasn't immediately available. The Mirror reported in June that Big Lots was originally planning to close between 35 and 40 stores, Big Lots has now identified around 135 stores in over two dozen states for closure . This increased number of closures indicates potential financial distress, with reports suggesting the possibility of a bankruptcy filing. The struggles faced by Big Lots reflect broader difficulties in the retail sector post-COVID-19. The most closures are in California, with 54 stores shutting down, including locations in Sacramento, Anaheim, and Bakersfield. Additionally, stores in Chicago, Colorado, Long Island, and Oregon are also slated for closure, offering discounts of up to 20% off on remaining items. Furthermore, Big Lots recently acquired Hearthsong, adding over 500 new toy products at discounted prices of 50% to 70% off.

Liverpool delivered a thrilling Boxing Day comeback, beating Leicester 3-1 at Anfield. Goals from Cody Gakpo, Curtis Jones, and Mohamed Salah sealed the victory, extending their lead at the Premier League summit and showcasing their dominance in the title race. New Delhi: Liverpool celebrated Boxing Day football in style with a commanding 3-1 comeback win over Leicester at Anfield. The result extended their lead at the top of the Premier League table to seven points, keeping them firmly in the title race. Leicester made a dream start, shocking the Anfield crowd in the sixth minute. Jordan Ayew turned Stephy Mavididi’s cross into the bottom corner with a deflected strike, giving the Foxes an early lead. Liverpool responded with waves of pressure, but it took until first-half stoppage time for Cody Gakpo to level. The Dutchman cut inside from the left and curled a brilliant shot into the top corner. Anfield, despite the foggy conditions, witnessed yet another masterclass from Salah, who not only scored but consistently troubled Leicester’s defence. The result not only secured three points but sent a strong message to their title rivals. Leicester, now winless in three matches, slipped to 18th place and remain in the relegation zone. Liverpool, however, showed their dominance and remain favourites in the Premier League title race with a game in hand over their closest rivals. Click for more latest Football news . Also get top headlines and latest news from India and around the world at News9. Nillohit Bagchi is enthusiastic young football journalist with a keen eye for detail, delivering fresh insights and dynamic coverage of global matches.

FROM DUNGEON TO DAYLIGHT

CHICAGO (AP) — The Seattle Seahawks placed running back Kenneth Walker III on injured reserve prior to their game against the Chicago Bears on Thursday because of an ankle injury. Walker hurt his ankle in last week's loss to Minnesota and left that game after sitting out the previous two because of a calf problem. He also missed two weeks in September with an oblique issue. Walker has run for 573 yards and seven touchdowns on 153 carries. A second-round draft pick by Seattle in 2022, he has 2,528 yards rushing and 24 TDs in his career. Walker could, in theory, return if the Seahawks win two playoff games, though their postseason hopes were slim entering the game against Chicago. Seattle (8-7) trailed the NFC West-leading Los Angeles Rams (9-6) by one game with two to play. The Seahawks' best path to the postseason was to win the final two regular-season games and have Los Angeles lose to Arizona on Saturday. Seattle visits the Rams to close the regular season. With Walker out, Seattle signed rookie running back George Holani off the practice squad. ___ AP NFL: The Associated Press

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