In Japan’s Largest E-Commerce Deal, Rakuten Acquires Ebates For $1 Billion

Rakuten, the largest e-commerce site in Japan | Source: Shutterstock

Rakuten Inc. agreed to buy U.S. rebates website Ebates Inc. in Japan’s largest e-commerce deal on record as the operator of the country’s biggest online mall seeks overseas growth through acquisitions.

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In Japan, Used Luxury Goes Mainstream

The RealReal Japan sells used luxury goods by designer brands, such as Chanel and Louis Vuitton | Source: The RealReal Jp

The luxury resale market has lacked easy and trustworthy services. But with the former head of Louis Vuitton Japan heading up one of the country’s leading luxury resale platforms, this problem may have been solved. JapanConsuming reports.

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LVMH and Others to Invest 83 Billion Yen in Mori Building, Ginza

Tokyo's Ginza District | Source: Shutterstock

TOKYO, Japan — Mori Building Co., Japan’s biggest closely held developer by sales, and LVMH Moet Hennessy Louis Vuitton SA, the world’s largest luxury-goods maker, are part of a group that will develop a retail and office complex in Tokyo as they anticipate increasing consumer spending.

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Uniqlo Billionaire’s Drive for Global Crown Fuels J.Crew Talks

Tom Odell and Dakota Fanning for Uniqlo | Source: Uniqlo

TOKYO, Japan — The Japanese owner of Uniqlo is in talks about a potential acquisition of J. Crew Group Inc., the U.S. retailer owned by TPG Capital and Leonard Green & Partners LP, two people with knowledge of the matter said.

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Uniqlo Tweaks “Made for All” to Give U.S. Shoppers a 3-D Fit

Uniqlo Global Flagship in Tokyo's Ginza District | Source: Fast Retailing

TOKYO, Japan — Fast Retailing Co's casual clothing brand Uniqlo is rethinking its "Made for All" strategy, looking to offer lower priced lines in smaller Asian cities and more generous sizes to fit the U.S. market, a top executive said on Tuesday.

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