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Japanese Cosmetics Manufacturer DHC Corp. Drops Out of South Korean Market

Backlash in South Korea and Japan in the form of boycotts over CEO Yoshiaki Yoshida’s alleged discrimination against Korean-Japanese people prompted the move.

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By: TOM BRANNA

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Japanese cosmetics manufacturer DHC Corp. will withdraw from the South Korean market after nearly 20 years, company officials announced Thursday.    DHC Corp. announced its intent to close its business in the country and discontinue online sales of its products by mid this month on the website of its South Korean branch due to plummeting sales.    DHC Corp. has been under fire in the past for its discriminatory comments against ethnic Korean residents of Japan. Late last year, co...

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