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April 25, 2024
 

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FAST

A branch of the Fast Retailing clothing brand Uniqlo in Tokyo
BUSINESS
Apr 12, 2024
Uniqlo operator upbeat on Europe and North America after Q2 profit miss
Fast Retailing left its full-year operating profit forecast unchanged at ¥450 billion.
Around 90% of China’s increased oil demand between 2021 and 2024 comes from chemical feedstocks, driven by the manufacturing of products such as those sold by fast-fashion retailers Shein and Tamu.
COMMENTARY / World
Apr 1, 2024
China's Shein and Temu are driving oil, not Toyota and GM
The cause behind recent a surge in China's oil demand is not to be found in people's transport habits, including car use, but in fast-fashion clothing.
A closed McDonald's in Tokyo on Friday after a tech issue forced outlets of the burger chain to shut around the world.
BUSINESS
Mar 16, 2024
Big Mac goes Big Tech — with a few hiccups
McDonald's reliance on tech backfired on Friday when an outage forced it to shut stores around the world.
A closed McDonald's in Nikko, Tochigi Prefecture, amid an outage that affected stores in Japan and abroad on Friday. The chain resumed operations on Saturday at almost all of its outlets in Japan.
BUSINESS / Companies
Mar 16, 2024
McDonald’s Japan resumes operations after outage
The recovery comes after McDonald’s was hit by a system outage that appears to have started in the Asia-Pacific region Friday.
People stand in front of a temporarily closed McDonald's in Tokyo's Shimbashi district on Friday as the chain experienced widespread tech issues.
BUSINESS / Companies
Mar 15, 2024
McDonald's suffers widespread tech outage in Japan and abroad
Many McDonald's stores in Japan stopped taking in-person and mobile customer orders because of the system disruption.
A Zara clothing store in Brussels on November 2022. Inditex is an outlier among big clothing retailers in not publishing details of the factories from which it sources.
BUSINESS / Companies
Mar 12, 2024
Zara owner Inditex faces pressure from investors on supply chain disclosure
Regulators and investors want transparency from clothing retailers, to prove supply chains are free of forced labor and workers are paid decent wages.
Customers shop at the GU store in the SoHo neighborhood of New York. The brand's operator Fast Retailing hopes to expand its share in markets in the United States and Europe.
BUSINESS / Companies
Feb 26, 2024
Uniqlo’s sister brand GU takes aim at market in U.S. and Europe
International sales made up more than half of Uniqlo’s revenue in the latest fiscal year, GU has mostly only flourished domestically.
As their popularity grow, Shein and Temu together send almost 600,000 packages to the U.S. every day.
BUSINESS / Companies
Feb 22, 2024
Rise of fast-fashion Shein and Temu roils global air cargo industry
Their pursuit of limited air-cargo space to woo consumers with rapid transit times make off-peak seasons almost disappear and cause capacity shortages.
McDonald's Japan will start charging ¥5 for plastic bags of all sizes at some stores, starting in April.
BUSINESS / Companies
Feb 20, 2024
McDonald's Japan announces trial ¥5 plastic bag charge to curb usage
The firm will eye expanding the fee nationwide following a trial at 23 of its stores in Nagasaki Prefecture starting in April.
A Uniqlo store in Shanghai, China. The clothing chain's operator Fast Retailing announced last year that it expected to open 80 stores in China and roughly 60 new stores each year in Southeast Asia, India and the Australian region.
BUSINESS / Companies
Feb 9, 2024
Fast Retailing’s peer-beating 48% jump may extend on global push
Uniqlo owner has become one of the top performers among 10 other clothing companies worldwide that have a market value exceeding $10 billion.
Katsuaki Kiyokawa, president of Potama Co., holds a pork and fried egg rice ball outside one of his stores in Fukuoka.
LIFE / Food & Drink
Feb 5, 2024
The Okinawan Spam soul food sandwich that's on a roll
The story of Potama's success starts with a love story between a man from Osaka and an Okinawan woman who knew how to cook.
Uniqlo's Round Mini Shoulder Bag on sale at a store in London
BUSINESS / Companies
Jan 16, 2024
Uniqlo sues Chinese fast-fashion rival Shein to defend hit bag
Fast Retailing joins rival Hennes & Mauritz in suing Shein for copyright infringement in Hong Kong where litigation has been underway since 2021.
Fast Retailing, the operator of Uniqlo stores, says strong overseas sales drove a 25% rise in first quarter operating profit.
BUSINESS / Companies
Jan 12, 2024
Uniqlo operator Fast Retailing's Q1 profit soars on strong overseas sales
Profit was ¥146.7 billion ($1.01 billion) in the three months through November compared with ¥117.1 billion a year earlier.
Workers organize used clothing for packaging at a warehouse near Barcelona on Aug. 1.
ENVIRONMENT / Climate change
Dec 7, 2023
How to fix the carbon crisis in fast fashion
Positive partnerships between brands and manufacturers are crucial for the sector to achieve its net-zero goals.
Chinese fast-fashion upstart Shein has excelled with its offering of $9 hoodies and other bargain-basement apparel.
BUSINESS / Companies
Dec 7, 2023
Amazon targets Shein with fee cuts for cheap apparel sellers
Rare move by U.S. e-commerce giant shows its intent of muscling into Chinese fast-fashion upstart's territory.
A woman sits on a swing attached to a giant McDonald's sign outside its themed exhibition in Beijing on Monday.
BUSINESS
Dec 4, 2023
McDonald’s raises China bet amid Western derisking trend
The move contrasts sharply with the prevailing trend of multinational corporations reeling back investments in China or even exiting altogether.
People walk past the booth of fashion retailer Shein during the first China International Supply Chain Expo (CISCE) in Beijing on Tuesday.
BUSINESS / Companies
Nov 29, 2023
Shein’s IPO plan to fuel scrutiny over cotton and China roots
In addition to fighting skeptics, Shein is also locked in a battle with rival Temu
Pedestrians and shoppers walk past a branch of fashion retailer H&M in central Stockholm on July 17.
BUSINESS / Companies
Nov 9, 2023
Sustainable cloth-maker Renewcell struggling amid slow adoption
Stock in Renewcell lost over 80% of its value in the last month and the firm has reported an operating loss of $17 million in nine months.
A Uniqlo store in Shanghai
BUSINESS / Companies
Oct 12, 2023
Fast Retailing's annual profit rises 28% to fresh record
Profit was ¥381.1 billion ($2.56 billion) in the 12 months through August compared with ¥297.3 billion, the previous all-time high, a year earlier.
Uniqlo's first Indian store, in New Delhi, in October 2019
BUSINESS / Companies
Oct 6, 2023
Uniqlo owner scouts for more Indian partners after 60% sales jump
The Japanese apparel giant is currently working with over 20 sewing factories and mills in India.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Tokyo issues strong warning on yen intervention as currency dips further
Finance Minister Shunichi Suzuki speaks during a meeting with U.S. Treasury Secretary Janet Yellen and South Korean Finance Minister Choi Sang-mok on the sidelines of IMF and G20 meetings in Washington last week.
Japan’s cannabis market growing rapidly amid regulatory shift
The legality of products that contain cannabinoids, a group of substances derived from the cannabis plant, has been somewhat murky in Japan.
North Korean animators may be involved in Japan anime production, report says
North Korean animators may be involved in the production of some Japanese and U.S. animated shows, according to a report by a website providing analysis on North Korea.
BOJ to hold rates with focus on hawkish signals to buoy yen
Bank of Japan Gov. Kazuo Ueda hasn’t ruled out responding to exchange rates with a policy move if the impact on prices is seen to be "non-negligible.”
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Tsukiji 2030s: A stadium, culinary center and transportation hub
A computer-generated image shows redevelopment plans for the former site of the Tsukiji fish market in Tokyo.
Hearing the impact of climate change in Okinawa, one bird call at a time
Toshihiro Kinjo (center), a research support technician at the Okinawa Institute of Science and Technology, inspects an audio recording device in Ginowan, Okinawa Prefecture, on April 3 as Masako Ogasawara, a research support specialist at OIST, looks on.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

SUSTAINABLE JAPAN

Students ‘study abroad’ on island of Suo Oshima
Students ‘study abroad’ on island of Suo Oshima

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