The Independents Acquires Production Studio Smuggler
The global collective has brought film studio Smuggler under its umbrella to bolster its entertainment capabilities.
Tokyo, Japan
Retail
Fast Retailing Hikes Annual Forecast After Quarterly Profits Surge
The Uniqlo owner cited robust sales growth globally that helped it absorb US tariffs.
Fast Retailing Hikes Annual Forecast After Quarterly Profits Surge
The Uniqlo owner cited robust sales growth globally that helped it absorb US tariffs.
Retail
Nigo’s Human Made Boosts Tokyo IPO Price
The streetwear brand has increased the price of its initial share sale following strong investor demand.
Nigo’s Human Made Boosts Tokyo IPO Price
The streetwear brand has increased the price of its initial share sale following strong investor demand.
Retail
Uniqlo Owner Fast Retailing Posts Record Profit for Fourth Year, Beating Forecasts
The Japanese retail giant reported record annual profits, driven by strong sales in Japan and the US.
Uniqlo Owner Fast Retailing Posts Record Profit for Fourth Year, Beating Forecasts
The Japanese retail giant reported record annual profits, driven by strong sales in Japan and the US.
Retail
Shein to Open First Physical Store in Tokyo
Online fast fashion behemoth will open its first ever permanent physical store on Sunday, setting up shop in one of Tokyo’s most-popular areas as it seeks to live up to a lofty valuation that’s been shaken by slowing sales growth and concerns about its environmental and social impacts.
Shein to Open First Physical Store in Tokyo
Online fast fashion behemoth will open its first ever permanent physical store on Sunday, setting up shop in one of Tokyo’s most-popular areas as it seeks to live up to a lofty valuation that’s been shaken by slowing sales growth and concerns about its environmental and social impacts.
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Global Markets
Japanese Designers Are Still Betting on Gorpcore
A pandemic-induced camping boom boosted global sales for Japanese fashion labels with a functional edge, but has it cemented performance wear as a long-term fashion staple?
Japanese Designers Are Still Betting on Gorpcore
A pandemic-induced camping boom boosted global sales for Japanese fashion labels with a functional edge, but has it cemented performance wear as a long-term fashion staple?
Global Markets
Japan’s Gen-Z Men Spend 20 Percent More on Makeup
Growth in the men’s cosmetics market in Japan has been attributed to the pandemic and wider use of video calls and online social gatherings.
Japan’s Gen-Z Men Spend 20 Percent More on Makeup
Growth in the men’s cosmetics market in Japan has been attributed to the pandemic and wider use of video calls and online social gatherings.
Global Markets
Japan’s Department Stores Clash With Government Over ‘Extravagant Goods’
Beginning June 1, Japanese department stores will be able to reopen on weekdays. But vague government guidelines concerning an exception to store
Japan’s Department Stores Clash With Government Over ‘Extravagant Goods’
Beginning June 1, Japanese department stores will be able to reopen on weekdays. But vague government guidelines concerning an exception to store
Global Markets
Japanese Beauty Brand DHC Under Fire Following CEO’s Discriminatory Comments
The brand, famous for items like its cleansing oil, angered netizens and activist groups after its chairman and CEO Yoshiaki Yoshida used
Japanese Beauty Brand DHC Under Fire Following CEO’s Discriminatory Comments
The brand, famous for items like its cleansing oil, angered netizens and activist groups after its chairman and CEO Yoshiaki Yoshida used
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Global Markets
Yoshinori Matsuzaki Appointed CEO of United Arrows
Matsuzaki, who currently serves the Japanese fashion group as its executive vice president, will step into his new role of president and chief
Yoshinori Matsuzaki Appointed CEO of United Arrows
Matsuzaki, who currently serves the Japanese fashion group as its executive vice president, will step into his new role of president and chief
Global Markets
Zozotown to Unveil Luxury E-Commerce Portal
The Japanese e-commerce firm Zozo will launch Zozovilla, a luxury and designer platform featuring 90 brands including Loewe, Dries van Noten and Thom
Zozotown to Unveil Luxury E-Commerce Portal
The Japanese e-commerce firm Zozo will launch Zozovilla, a luxury and designer platform featuring 90 brands including Loewe, Dries van Noten and Thom
Global Markets
Toshiyuki Hosoya Appointed President, CEO of Isetan Mitsukoshi Holdings
Hosaya, currently president of Fukuoka-based, Isetan-owned department store Iwataya Mitsukoshi, starts his new role on April 1. The company’s current
Toshiyuki Hosoya Appointed President, CEO of Isetan Mitsukoshi Holdings
Hosaya, currently president of Fukuoka-based, Isetan-owned department store Iwataya Mitsukoshi, starts his new role on April 1. The company’s current
Global Markets
Japanese E-Commerce Giant Rakuten Reports 15.2% Boost in Annual Revenues
Major growth in the group’s business, which spans e-commerce, payments, insurance and more, was driven by accelerated digitisation in Japan’s online
Japanese E-Commerce Giant Rakuten Reports 15.2% Boost in Annual Revenues
Major growth in the group’s business, which spans e-commerce, payments, insurance and more, was driven by accelerated digitisation in Japan’s online
The News in Brief
L’Oréal Steals French Stock Market Crown From LVMH
The cosmetics group became France’s most valuable listed company on Tuesday, the first time since 2017 that a non-luxury company has claimed the top spot at the end of a trading day.
Authentic Brands Targets Creator Economy, Eyes Public Offering
The licensor could pursue an IPO as early as the first half of next year.
Vogue Mexico and Latin America Editor-in-Chief Karla Martinez de Salas to Step Down
The industry veteran is joining Latino-focused media platform Avance Global to establish a new lifestyle brand that will span fashion, design, travel, food, culture and entertainment.
Prada Revamps Milan Flagship to Cater to Top Clients and New Shoppers
The group is hoping the renovated eight-level complex can generate €100 million in annual revenue, chief executive Andrea Guerra told Reuters.
JD Sports Names New North America CEO, Chief Marketing Officer
The sneaker retailer is shaking up its North American leadership as it looks to reverse soft sales and an extended slump in the stock market.
Top Africa Clothes Retailer Pepkor Sinks on Earnings Outlook
Shares in the South African discount clothing retailer fell the most in more than three years, as an expansion into banking weighed on profit forecasts.
Kimberly-Clark Prepares Asset Sales to Win EU Nod for Kenvue Deal
The US consumer goods giant is preparing concessions to address EU antitrust concerns about its bid for Tylenol maker Kenvue that could help it win approval for the $40 billion deal, sources told Reuters.