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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...

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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 ...

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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...

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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 ...

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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 ...

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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...

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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...

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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...

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Virtual Reality Market Growth Expected After PSVR Debut

  • Category:Shopping
THE JAPAN NEWS
 
People who want to get away from it all can experience imaginary worlds, or something closer to home, as virtual reality becomes more of a reality with the introduction of devices that take full advantage of developing VR technologies.
On Oct. 13, a Sony Corp. subsidiary launched...

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Uniqlo Operator Logs 56.3% Annual Profit Fall

  • Category:Shopping
THE JAPAN NEWS
 
TOKYO (Jiji Press) — Fast Retailing Co., the operator of Uniqlo clothing stores, said Thursday that its group net profit in the business year through August plunged 56.3 percent from the previous year to ¥48 billion.
The sharp decline reflected negative effects from the yen’s ris...

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