From Pizza Hut to Yoshinoya, brands are caught in the middle of Hong Kong protests

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From Pizza Hut to Yoshinoya, brands are caught in the middle of Hong Kong protests
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HONG KONG (BLOOMBERG) - As Hong Kong's protesters extend their fight beyond the skyscraper-filled city to social media, companies are suddenly finding themselves very much involved.. Read more at straitstimes.com.

HONG KONG - As Hong Kong's protesters extend their fight beyond the skyscraper-filled city to social media, companies are suddenly finding themselves very much involved.

The company"deeply regrets that the incident had caused a number of injuries in the shopping mall, as well as the inconvenience caused to customers, visitors and tenants," it said in a statement on Monday . The company deleted the post, and published another one apologising for any offence caused. It also denied reports that employees were fired because of the incident.

A spokesman for Otsuka said a"periodic review of the advertising budget" and an assessment of the"sales impact from use of different media outlets" were behind its decision to pull commercials from TVB. Those put on the white list, meanwhile, receive positive recommendations for their products and services. Yum! Brands's Pizza Hut, Vinda International Holdings's tissue brand Tempo and French cosmetics brand Clarins are among those who have been praised for ceasing to advertise on TVB, despite the fact that some brands have denied any political motivation.

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