Shinsegae to Set Up U.S. Subsidiary for Plant-based Meat Alternatives

SEOUL, July 21 (Korea Bizwire) — Shinsegae Food, a food business arm of South Korea’s Shinsegae Group, said Thursday it will set up a U.S. subsidiary next month in the latest move to boost its competiveness in plant-based meat alternatives. Shinsegae Food said it will spend US$6 million on setting up Better Foods Inc., a [...]