Loading

Search

:

UNIQLO Fast Retailing Profit Increases as Chain Expands Overseas

  • Category:Shopping
JAPAN TIMES
 
Uniqlo operator Fast Retailing Co.’s second-quarter profit surged as Asia’s largest clothing chain accelerated its overseas expansion.
Operating income gained about 80 percent to ¥42.1 billion in the three months through February, based on first-half earnings the clothing retailer r...

More

Fast Retailing plans to use AI for business reform

  • Category:Shopping
THE JAPAN NEWS
 
Tadashi Yanai, chairman and president of Fast Retailing Co., which operates the Uniqlo clothing store chain, revealed a plan to use artificial intelligence to drastically reform the company’s product development, during an interview with The Yomiuri Shimbun on March 17.
Yanai wil...

More

Uniqlo Would Pull U.S. Stores If Told to Build Plant

  • Category:Shopping
THE JAPAN NEWS
 
NEW YORK (Jiji Press) — A border adjustment tax planned by the administration of U.S. President Donald Trump will not benefit U.S. consumers, Tadashi Yanai, chief of Fast Retailing Co., the operator of the Uniqlo casual wear chain, said in an interview in New York on Wednesday.
A...

More

Uniqlo Operator's Profit Jumps on Bargain-shopper Focus

  • Category:Shopping
JAPAN TODAY
 
TOKYO — Uniqlo’s parent company said Thursday that quarterly net profit jumped by almost half from a year ago, as it refocused on a strategy aimed at luring thrifty shoppers.
Fast Retailing’s net profit rose 45 percent to 70 billion yen ($609 million) in the fiscal first quarter to ...

More

Businessmen Fascinated by ‘Randoseru’ in Japan

  • Category:Shopping
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Backpacks that look like “randoseru” schoolbags have emerged as favorite commuting gear for Japanese businessmen.
Randoseru, box-shaped bags made of leather or leather-like synthetic materials, have traditionally been an essential item for elementary school c...

More

Sumitomo to Buy Europe's Top Banana Giant Fyffes

  • Category:Shopping
JAPAN TODAY
 
DUBLIN — Japanese conglomerate Sumitomo has agreed to buy European banana king Fyffes for 751 million euros in a takeover of one of Ireland’s biggest companies.
The Dublin-based fruit importer and distributor, best known for its Fyffes-branded bananas, accepted Sumitomo’s bid worth ...

More

Competition Heats Up For Online Malls

  • Category:Shopping
THE JAPAN NEWS
 
Competition in the online shopping market is intensifying.
Amazon Japan, which is rapidly growing in the domestic market, has since mid-November expanded the target areas of its Prime Now delivery service, which delivers orders within an hour of receiving them.
Rakuten, Inc. and ...

More

Budget-priced Fountain Pens Popular with Young People

  • Category:Shopping
THE JAPAN NEWS
 
Contrary to their traditional image as an expensive writing implement, fountain pens with various fun and practical designs have recently appeared on the market, and many people are enjoying using them casually. How about writing messages with a fountain pen on your Christmas and...

More

Department Stores Try New Approach to Selling High-end Cosmetics

  • Category:Shopping
THE JAPAN NEWS
 
Department stores and supermarkets are taking new steps to make shoppers feel more at ease purchasing high-end cosmetics, such as having expert staff provide advice on multiple brands and displaying items from different brands side by side on the same rack.
This approach of putti...

More

Regional Cities Focus on Foreign Tourists as Shopping Slows

  • Category:Shopping
JAPAN TODAY
 
TOKYO — With signs of a slowdown in foreign tourists’ spending at the main urban shopping centers in Japan, officials and businesses in regional cities in Japan are aiming to draw greater interest in their untapped tourism resources as repeat visitors from abroad increase.
Consumpti...

More