Attempting to offset dwindling growth in the US, Gap executed a grand opening in China last year. However, a year on it has failed to grab much of the 16 percent retail sales growth in the country. It…
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Japanese energy strategy: Hawaiian shirts
For the legions of conservative Japanese bureaucrats who already are sartorially challenged when it comes to casual wear, 1 June will potentially usher in their worst nightmare, as the Japanese govern…
Ray-Ban opens online store on Taobao mall
Ray-Ban, the global leader in eyewear has opened the first premium eyewear online store (rayban.tmall.com) on Taobao Mall, the business-to-consumer (B2C) platform within Taobao, China’s largest …
Major brands to set up shop in Sydney
Shoppers in Sydney should get ready as a plethora of high-profile international retailers including Topshop from UK and Uniqlo from Japan are preparing to open up new stores.
Amid the high anticipatio…
Japan’s Softbank CEO pledges USD120m in quake aid
Masayoshi Son, Japan’s wealthiest person and the CEO of mobile phone operator Softbank Corp., said on Sunday that he will support the region and people affected by the 11 March earthquake and ts…
Japan Softbank’s president named best CEO, Fast Retailing’s chairman No. 2
Softbank Corp. president Masayoshi Son was chosen as the best company president of 2010 in a survey of Japanese corporate executives, the Sanno Institute of Management said.
Son, who finished on top f…
Japan’s Fast Retailing ramps up store openings in Asia
Looking to become the world’s leading clothing retailer, Japan’s Fast Retailing Co. plans to introduce its Uniqlo stores in the fast-growing Indian and Brazilian markets and to vastly expa…
Japan’s Fast Retailing aims to add 200 stores in US by 2020
Fast Retailing Co., Asia’s biggest clothing chain, aims to open at least 200 Uniqlo stores in the US by 2020 as it seeks to raise sales sixfold.
The Japan-based company, which plans to open its …
Foreign fast fashion swoops into HK
Foreign luxury brands are well acquainted with Hong Kong’s consumer market, but now cheaper foreign labels are moving in too.
In September, Swedish brand Monki, a low-priced womenswear line, ope…
Japan’s Fast Retailing logs 24 percent profit rise
Fast Retailing Co. said in October its group net profit rose 23.9 percent to JPY61.68 billion(USD 0.29b) in the business year that ended in August on brisk domestic sales in the first half a…