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 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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Uniqlo’s Main Road is Overseas

Uniqlo Spring/Summer 2013 Campaign | Source: Uniqlo

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.

 

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The China Edit | Modelling Life, Fast Retailing’s Asia Growth, Tourists Boost Ferragamo, L’Oréal

Li Bing Bing for L'Oréal campaign | Photo: Chen Man for L'Oréal

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.

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Fast Retailing Profit Beats Estimates as Per-Customer Sales Rise

Uniqlo flagship in Tokyo's Ginza district | Source: Fast Retailing

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.

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Bargain Cashmere Tests Thrifty Japan’s Taste for Little Luxuries

Uniqlo Fall 2013 Campaign Starring Chloe Sevigny | Source: Uniqlo

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.

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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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