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.
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.
Uniqlo has reached saturation in Japan and is now focusing almost all of its investment overseas, where it plans to open more than 400 stores in the next few years, with the aim to drive ¥3 trillion in international sales by the end of 2020. To reach this target it may also need to make a major overseas acquisition. JapanConsuming reports.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
TOKYO, Japan — Uniqlo owner Fast Retailing Co. is hiring executives from retailers including Wal-Mart Stores Inc. to strengthen the Japanese clothier’s overseas expansion blitz.
TOKYO, Japan — Fast Retailing Co. profit rose 8.8 percent in the fiscal first quarter, beating analyst estimates, as the Japanese casual clothing chain that doubled in market value last year boosted sales per-customer.
After two decades of decline, Japan’s apparel market looks set for an era of growth and relatively stability. JapanConsuming reports.
TOKYO, Japan — Fast Retailing Co., Asia’s largest clothing retailer, forecast profit that missed analyst estimates amid weak consumer sentiment in Japan.
TOKYO, Japan — Cashmere sweaters at Uniqlo. Gourmet coffee and ice cream at 7-Eleven. These incongruously premium offerings by two of Japan's biggest retailers are part of a strategy to lift profit margins by enticing thrifty shoppers to splurge on little luxuries.
TOKYO, Japan — Fast Retailing Co.’s Uniqlo brand reported its biggest sales gain in almost four years in Japan as Asia’s largest clothing retailer benefited from strong demand for summer apparel.
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.