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TAG: Japan

Uniqlo Parent Fast Retailing’s Profit Slid by 2%, As Japan and China Drag Growth 
Financial Summary

Uniqlo Parent Fast Retailing’s Profit Slid by 2%, As Japan and China Drag Growth 

Fast Retailing Co. blamed the decrease on pandemic-related restrictions in China and the weaker yen, as well as the warmer weather in November.

1月 14, 2023
Japanese Startup Synflux Completes a New Round of Financing to Reduce Waste in Clothing Production, Goldwin’s Funds Participating in Investment
Financial Summary

Japanese Startup Synflux Completes a New Round of Financing to Reduce Waste in Clothing Production, Goldwin’s Funds Participating in Investment

Based on the core technology, Algorithmic Couture, Synflux will continue to strengthen the functional expansion of products and develop new technologies and businesses.

1月 13, 2023
Japan’s November Retail Sales Rise 2.6% from a Year Earlier, Slowing for Second Straight Month as Tourism and Inflation Weigh
Global News

Japan’s November Retail Sales Rise 2.6% from a Year Earlier, Slowing for Second Straight Month as Tourism and Inflation Weigh

Separate data showed Japan’s jobless rate fell to 2.5% in November and down from 2.6% in October.

1月 02, 2023
The parent company of Japanese boutique STUDIOUS will close the stores in China that are “struggling to recover performance”
China Watch

The parent company of Japanese boutique STUDIOUS will close the stores in China that are “struggling to recover performance”

TOKYO BASE has 24 stores in China until November 16.

11月 17, 2022
Softbank’s Fund Acquires Seibu-Sogo Department Store, the Transaction Price May Exceed 200 Billion yen
Investment Deals

Softbank’s Fund Acquires Seibu-Sogo Department Store, the Transaction Price May Exceed 200 Billion yen

Under the terms of the transaction, Seven & i will transfer its outstanding Sogo & Seibu shares to a special purpose company owned by Fortress. The transaction is expected to close in the first quarter of 2023.

7月 26, 2022