Latest news with #Globus


Korea Herald
6 days ago
- Business
- Korea Herald
Paik Jong-won's TheBorn to debut bibimbap brand in Germany
Korean celebrity chef and food franchise entrepreneur Paik Jong-won's TheBorn Korea is set to launch a new bibimbap brand at German retail giant Globus in early July, according to industry sources Wednesday. The company is to debut Korean Paik's Bibim at a food court inside a Globus store near the retailer's headquarters in Wendel, Germany. The move marks TheBorn Korea's shift from traditional overseas franchises to a business-to-business model, focusing on sauce exports and local consulting rather than operating its own outlets. 'Ingredients will be sourced locally, but our signature sauces will be shipped from Korea,' said a company official. 'German chefs will handle the cooking, supported by standardized recipes and training to ensure consistent taste.' If the pilot program proves successful, the company plans to expand across more than 100 Globus locations in Germany, the Czech Republic and Russia. The initiative also marks the first time Korean food will be featured in Globus's food court system. Paik's push into Europe comes amid domestic controversy and falling stock prices, with TheBorn Korea's shares down over 25 percent from the initial public offering. The company is betting on the global popularity of Korean culture to establish new revenue streams, including the development of eight export-focused sauces — six of which are already complete. Industry experts say the strategy could reshape how Korean franchises approach international markets, reducing risk while enhancing scalability. 'This is a significant shift not only for TheBorn Korea, but for the Korean food industry as a whole,' said one industry source. 'If successful, it could open the door for other brands to pursue similar low-risk, high-scale global strategies.'

Travel Weekly
19-05-2025
- Business
- Travel Weekly
Trade Secrets Tech Summit: TripSuite
Subscribe now using your favorite service: This season, Trade Secrets is hosting the Trade Secrets Tech Summit. Every Monday, co-hosts Emma Weissmann and Jamie Biesiada will feature a different travel technology company that works with travel advisors. A representative from the featured company will begin with a 5-minute elevator pitch to tell advisors about their product, followed by a 15-minute Q-and-A with the hosts. This week's featured company is TripSuite, represented by cofounder and CEO Jacey Jones. Trade Secrets is using Host Agency Reviews' list of technology providers as a basis for this season. If a technology company doesn't have a profile, advisors are encouraged to send a link to the hosts to be added to the list. This episode was sponsored by Globus family of brands. Further resources TripSuite on the web Email TripSuite Request a demo of TripSuite with Jacey Jones Get in touch! Email us: tradesecrets@ Theme song Sock Hop by Kevin MacLeod License See for privacy information.


NZ Herald
12-05-2025
- NZ Herald
Swim, stay, and ski with these five new travel deals
Tour Venice on a river cruise Uncover the enchanted beauty and breathtaking history of Venice and Northern Italy. Spend seven nights onboard Uniworld's S. S. La Venezia on this boutique river cruise. Not only will you benefit from an enviable location in Venice, you'll also explore the waterfront shops, colourful facades and peaceful canals unique to Burano, Mazzorbo and Torcello. Further south, discover Chioggia, a charming southern port loved by fishermen. And savour the spectacular wine and cuisine of this region every step of the way. Book with Travel Associates to get a bonus of EUR150 onboard credit per person. From $10,039 pp, this deal is on sale until May 31, 2025. Departs Venice May 17, 2026. Airfares are additional. Additional terms and conditions apply. Book at or call 0800 951 655. Save nearly $1,000 on this England tour Save $970 pp on this 10-day small group tour with Globus. Covering the scenic splendour of the Cotswolds and the Lake District in England, as well as the Lowlands and Highlands of Scotland, you will see it all. From castles in Windsor and Edinburgh to palaces at Blenheim and Scone, you'll experience the delights, history, and culture of the two countries. Limited to just 18 guests per departure, you're invited to explore the world with more room to explore, and rare experiences designed for smaller groups. From $8,765 pp, this is on sale until June 1, 2025, and departs Windsor Sep 1, 2025. Airfares and transfers are additional. Visit or call 0800 427 555 to book or for full terms and conditions. Tour Perth and Margaret in one trip Enjoy the perfect blend of city charm and coastal beauty with this Perth and Margaret River escape. This package includes four nights at InterContinental Perth City Centre (two nights before and two nights after your Margaret River escape), a three-day Margaret River Escape Package, two nights' accommodation at Margarets Beach Resort in a Studio or similar, three days touring with a local expert guide, wine tasting at three premium wineries, two breakfasts and three lunches, entry fee onto the Busselton Jetty, a Mammoth Cave tour, and a tour of Leeuwin Lighthouse with entry into the grounds at Cape Leeuwin. This holiday starts from $2129 pp twin share. Valid for travel from June 4 to June 17, June 30 to August 31, and September 12 to September 27, 2025. Book by May 29, 2025 at Stay and ski at Canada's largest ski park Whistler Blackcomb is Canada's largest ski resort, with a combined 8,171 acres of terrain spread across two peaks (Whistler Mountain and Blackcomb Mountain) and receives an average of 11.4 meters of snow per season. House of Travel is offering a seven-night stay at the four-star Delta Whistler Village Suites, from $8249 per family (two adults and two kids aged 12 years and younger). This package also includes a five-day Whistler Blackcomb Restricted Day Pass and a CA$100 Food and Beverage Voucher per stay. Flights are additional. Valid until June 30 unless sold out, for travel from January 2 to February 12 and February 22 to March 22, 2026. Visit or call 0800 713 715 to book.


Spectator
05-05-2025
- Spectator
When it comes to cheese, I'm Eurocentric
There are many reasons to like Kyrgyzstan. It has extraordinarily lovely women: some mad collision of Persian, Turkish, Russian, Mongol and Chinese genes makes for supermodels at every bus stop. It is safe, friendly, cheap. Its cities are commonly free of rubbish and graffiti (how does Central Asia do this, yet we cannot?). Despite these charms, it has few tourists. However, I can't say anything positive about the cheese – because the cheese is dreck. Last night I went to the Globus supermarket here in downtown Bishkek and bought a sample of the local fromage. When I got it home, it was like chewing a rubber toy: tasteless, over-firm, banal. In the end I was reduced to smothering it in Sriracha to make it vaguely flavoursome. And as I sat there in the dusty, fading Kyrgyz light, I had a cheesy epiphany. I began to ask myself: how come Central Asia doesn't make any decent cheese? They have plentiful grassland. They have sheep, goats, horses – even a few cows. Their national drink is mare's milk, so they're hardly lactose intolerant. Yet the cheese? Alas. From there, my questions expanded. Lack-of-decent-cheese is not a uniquely Central Asian phenomenon. Nowhere in Asia produces fine cheese. Same goes for South America: almost none whatsoever. Nada. Ditto Africa – nothing notable in the cheese aisle, sorry. How about North America and Australasia? Again, apart from a few artisans in Vermont or Victoria, there is basically none. I still remember a visit I made to a Wal-Mart in Natchez, Mississippi, where I discovered, as an excited cheese lover, that the cheese aisle was about a mile long. However, on inspection I found that this mile of cheese contained only four varieties: Cheddar, 'Jack Cheddar', Philadelphia and 'cheese shaped like characters out of Finding Nemo'. At that point I decided that North American cheese is only made to amuse western Europeans in its awfulness. And there's the cheesy rub – western Europeans. When you think about it, western Europe – our sweet, exquisite, compact little half-continent – makes literally all of the best cheese on the globe. I can name my top ten iconic global cheeses, and they are all European: Roquefort, Brie, Époisses, Parmesan, Gorgonzola, Buffalo Mozzarella, blue Stilton, proper Cheddar (with those salty crystals, mmm), Gruyère and feta. From France, Italy, Britain, Switzerland and Greece. Civilised Europe. Even if you dispute my top ten, the contenders bubbling under – Taleggio, Comté, Wensleydale, Manchego, aged Gouda, Camembert – are also western European. By now I had hurled my cheese in the bin and was briskly tucking into my (decent) Saperavi Georgian red wine, and my mind was similarly racing. Why is it only western Europe that makes great cheese? Yes, perhaps there is some distinct combination of settled culture, mild climate, pleasant cows, ambitious farms, even great caves for ageing. But I refuse to believe this is unique – because it isn't. And what goes for cheese also goes for: wine, dessert wine, most churches, classical music, chocolate, democracy, philosophy, beautiful towns (despite the graffiti), novels, paintings, sculpture, car design, romantic poetry, cobbled streets, scientific invention, sensible bin collection, the Enlightenment, mathematics, astronomy, high fashion, football, cricket, tennis, rugby, skiing, hockey (thank you, England), the Renaissance, Goethe, charcuterie, Raphael, the law of perspective, proper castles, village greens, toasted crumpets, toast, champagne, that little posh biscuit you get with an espresso in France, gin and tonic, Scotch whisky, calculus, the Beatles, snooker, Shakespeare, television, Picasso, Flaubert, Paris, Venice, Verona, Cambridge, Edinburgh, Bruges, Georgian housing, the piazza, Joyce, aperitifs, the theory of evolution, universities, habeas corpus, pizza, Freud, Aperol spritz, the internet, Isaac Newton and golf. They all come from western Europe – or they were adapted and absorbed by western Europe and then made so much better. As we did with cheese. We Europeans are basically the best at everything, especially cheese It is quite the list, is it not? It always surprises me that the Remain side in the Brexit campaign didn't go with something like this – something exuberantly positive. Something proudly saying: we are European as well as British, and we Europeans are basically the best at everything, especially cheese. How could you not want to be in on that? It would have ignored all the downsides of the EU (from the democratic deficit to the mess that is the euro) – but it might have won. And won easily. Why didn't they try it? Probably because it would have seemed jingoistic, or racist, or brash. Or perhaps because they were dim. Nonetheless, it would have spoken an important truth. Europe is not perfect, but culturally and intellectually it is the engine room of civilisation. Others have contributed great things, of course. China gave us paper and fireworks and bureaucracy. India gave us numerals, epic poetry and yoga. But only Europe managed to produce all of this – Catullus and croissants, opera and Oxford, marzipan and Michelangelo – and bind it into something coherent, something imitable, something global and wondrous. And the rest of the world knows this. Here in Bishkek they've just opened a pseudo-French café that serves decent cappuccinos, while local singers croon their way through covers of English-language songs. The shelves are stacked with Lindt and Toblerone; they all scoff cheesy pizzas and sandwiches. Western Europe is admired, envied, resented – and badly copied, often all at once. Half the world wants to live in Europe; the other half wants to be photographed next to it. Europe receives 50 per cent of all global tourism. Perhaps the most interesting of these complex, troubled global attitudes to Europe can be found in the United States. Because if you think Donald Trump, Elon Musk and J.D. Vance are crude American chauvinists, you're wrong. They may bluster, bark and bind themselves in Old Glory – but deep down they are disappointed children of Europe. They are not rejecting the Old World; they are a Kraft Single grieving Brie de Meaux. The modern American right looks across the Atlantic and sees the continent that gave them their ancestors, their laws, their language, their architecture, their religion, their art – and they see it weakening. They see Europe afraid to defend itself, ashamed of its past, unable to define its future. And like furious heirs watching a great family home fall into disrepair, they lash out. So that is what dreadful Kyrgyz cheese tells us about Donald J. Trump. Next I'm going to try the local biscuits. I fear they may not match a chocolate Leibniz.
Yahoo
05-04-2025
- Business
- Yahoo
Globus acquires US medical device company Nevro
Globus Medical has completed its acquisition of the US-based medical device company Nevro, broadening its market presence in musculoskeletal solutions. The deal, which was initially announced in February 2025, involved the companies signing a definitive agreement. Globus agreed to acquire Nevro's complete shares for $5.85 each, culminating in a total equity value of roughly $250m. Both companies' boards of directors gave unanimous approval for this transaction. Globus noted that this acquisition not only marks a significant expansion but a $2.5bn market opportunity, enhancing its product range in the neuromodulation sector. The company also noted that it intends to discuss the acquisition closure and expected benefits of the expanded product offerings in its first quarter earnings conference in May. Morgan Stanley & Co. and Wyrick Robbins Yates & Ponton provided financial and legal advisory services, respectively, to Globus. Nevro was advised by BofA Securities and Latham & Watkins in financial and legal matters, respectively. Globus focuses on addressing clinical needs in musculoskeletal care. It works across orthopaedic trauma, spine, biomaterials, joint reconstruction and enabling technologies, offering education and clinical backing. Nevro's HFX spinal cord stimulation platform (SCS) includes the Senza SCS system. It offers support services for chronic pain treatment of limbs and trunks, as well as painful diabetic neuropathy. The company's products are designed to offer 'minimally invasive' treatment alternatives for individuals with chronic sacroiliac joint pain. Globus Medical CEO and president Dan Scavilla said: 'We are excited to begin the journey of accelerating market penetration of Nevro's differentiated high-frequency technology and bringing a much-needed treatment option to patients suffering from chronic pain.' "Globus acquires US medical device company Nevro" was originally created and published by Medical Device Network, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site. Sign in to access your portfolio