Fast Retailing Joins Inditex, H&M’s Bangladesh Safety Accord

Uniqlo store at The Village, Beijing | Source: Shutterstock

TOKYO, Japan— Fast Retailing Co., Asia’s largest clothing retailer, joined Inditex SA and Hennes & Mauritz AB in signing an accord to improve factory safety in Bangladesh after an April garment complex collapse killed more than 1,000 people.

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Thrift Trumps Abenomics as Japan Shoppers Stick to Bargains

Market at Nissan Stadium Yokohama Japan | Source: Shutterstock

TOKYO, Japan — Japanese apparel firm Fast Retailing Co Ltd has a problem: sales are surging, full-year net profits are expected to rise nearly 28 percent but the customers thronging the stores of its popular Uniqlo brand are far too frugal for its liking.

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Fast Retailing Hasn’t Decided to Join Bangladesh Safety Pact

Uniqlo's Nanjing Road West Store in Shanghai | Source: Fast Retailing

TOKYO, Japan — Fast Retailing Co., Asia’s largest clothing retailer, hasn’t decided if it will join a safety pact to improve fire and building safety in Bangladesh following the country’s worst industrial disaster.

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On Fleeting Hong Kong Trips, Chinese Make Frugal Fashionable

Source: Reuters

HONG KONG, China — Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favour.

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