Knocky's Nose
Mon nez est retiré.
Right. I'm scratching my head here....
Has someone actually been offended on behalf of a nation for someone saying the word 'Japanese' - or am I missing something obvious?
Secondly - they have sold the rights to the name, not the company. In a statement :
"While Fuller's will retain ultimate ownership of its brand name, Asahi will hold the global licence to use the trademark"
and....
"For Fuller's it allows it to fucus on the pubs and hotels business, where the vast bulk (87%) of operating profits come from"
So - a smart move by Fuller's, which is why the share price has jumped 21%
Has someone actually been offended on behalf of a nation for someone saying the word 'Japanese' - or am I missing something obvious?
Secondly - they have sold the rights to the name, not the company. In a statement :
"While Fuller's will retain ultimate ownership of its brand name, Asahi will hold the global licence to use the trademark"
and....
"For Fuller's it allows it to fucus on the pubs and hotels business, where the vast bulk (87%) of operating profits come from"
So - a smart move by Fuller's, which is why the share price has jumped 21%