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April 27, 2024
 

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RETAILING

Japan Times
BUSINESS / Companies
Apr 14, 2022
Uniqlo owner expecting big drop in China profit due to COVID restrictions
Fast Retailing is a bellwether for how major global retailers are being impacted by pandemic-related shutdowns in China, one of the biggest growth markets for many Western brands.
Japan Times
BUSINESS
Mar 11, 2022
Uniqlo does a U-turn and joins global shunning of Russia
The two companies had been notable standouts among major brands, saying they would continue doing business in Russia amid the imposition of massive trade and banking sanctions.
Japan Times
BUSINESS / Companies
Mar 9, 2022
Uniqlo pressured to halt Russia sales after CEO vows to stay
Comments defending the decision by CEO Tadashi Yanai have drawn criticism, with some social media users pushing the hashtag #BoycottUniqlo.
Japan Times
BUSINESS / Companies
Mar 7, 2022
Uniqlo owner pledges to stay in Russia as wave of companies exit
Fast Retailing Co., Asia's largest retailer and parent of Uniqlo, will continue to operate in Russia.
Japan Times
BUSINESS
Jan 13, 2022
Fast Retailing September-November net profit climbs on strong Uniqlo demand
Fast Retailing Co. said Thursday its net profit in the September to November period rose 33% from a year earlier to u00a593.59 billion ($820 million).
Japan Times
OLYMPICS
Sep 15, 2021
Uniqlo and Sweden keen on podium return after extending partnership
The Nordic nation's Olympic and Paralympic teams became the first outside Japan to be supplied by the fast fashion retailer during the Tokyo Games.
Japan Times
BUSINESS
Jul 2, 2021
France investigates Uniqlo unit and other retailers over alleged Xinjiang abuses
Fast Retailing lost an appeal with U.S. customs in May after a shipment of Uniqlo men's shirts were impounded over suspected violations of a ban on Xinjiang cotton.
Japan Times
BUSINESS / Companies
May 25, 2021
Uniqlo made a bet on comfortable bras. Now it’s paying off.
The firm edged out bra specialist Wacoal Holdings Corp. last year to become the top seller of women's intimate wear in Japan.
Japan Times
BUSINESS
May 19, 2021
U.S. blocked Uniqlo shirts over Xinjiang forced-labor concerns
Uniqlo failed to provide enough information to establish the items were not produced in part by forced labor in China's far west Xinjiang region, according to U.S. customs.
Japan Times
JAPAN / Media / BIG IN JAPAN
May 15, 2021
Can Japan say 'no' to China and 'yes' to political activism?
Japanese media reports a tense situation in the Taiwan Strait, with domestic brands dependent on Chinese money and a local populace that may not take action.
Japan Times
BUSINESS / Companies
Apr 9, 2021
Fast Retailing keeping eye on cotton supply amid Xinjiang controversy
CEO Tadashi Yanai said that his company, which runs the Uniqlo casual clothing chain, would immediately halt business with suppliers if forced labor is found.
Japan Times
BUSINESS / Companies
Mar 26, 2021
Muji operator shares tumble as brand seen at risk of China boycott
Shares in Uniqlo operator Fast Retailing also fell in morning trading before recovering.
Japan Times
BUSINESS / Companies
Mar 16, 2021
Myanmar plants run by Fast Retailing partner set ablaze
The extent of the damage at plants is not yet known, the company said.
Japan Times
BUSINESS / Companies
Feb 22, 2021
12 Japanese firms will end business deals involving Uyghur forced labor
All, except Panasonic Corp., which declined to comment, either denied directly doing business with firms suspected of benefiting from forced labor or said they couldn't verify the claims.
Japan Times
BUSINESS / Companies
Feb 19, 2021
One Fast Retailing share for ¥100,000 sparks concern over Nikkei dominance
Fast Retailing has risen about 80% in the past 12 months and the price per share broke the u00a5100,000 level on Tuesday, making it the only listed company in Japan to trade at such a value.
Japan Times
BUSINESS / Companies
Jan 29, 2021
Louvre ties up with Japan's Uniqlo for Mona Lisa T-shirts
The items, also depicting other works from the museum, will be sold at Uniqlo stores in Japan and abroad as well as the museum's online shop from Feb. 4.
Japan Times
BUSINESS
Jan 14, 2021
Uniqlo owner’s stock hits record as shoppers go casual in pandemic
Operating profit rose 23% to u00a5113.1 billion ($1.1 billion) in the three months ended Nov. 30, according to a company statement released Thursday.
Japan Times
BUSINESS / Companies
Oct 16, 2020
Uniqlo owner Fast Retailing's profits up on China and Japan sales
Analysts say Fast Retailing is in a position to recover faster compared with its peers, given its emphasis on affordable, basic clothing suitable for working from home.
Japan Times
BUSINESS / Companies
Jul 9, 2020
Fast Retailing cuts profit outlook as pandemic hits Uniqlo sales
Fast Retailing Co. revised downward on Thursday its group net profit outlook for the year through August, from ¥100 billion to ¥85 billion ($792 million), due partly to the longer-than-expected shutdown of Uniqlo stores overseas in the wake of the novel coronavirus pandemic.
Japan Times
BUSINESS
Jun 24, 2020
Fast Retailing chief to donate ¥10 billion for medical research
Fast Retailing Co. Chairman and CEO Tadashi Yanai said Wednesday he will donate ¥10 billion ($94 million) to Kyoto University to support its medical research under two Nobel Prize winners, Tasuku Honjo and Shinya Yamanaka.
New JAL chief concerned about yen’s ‘excessive’ weakness
Mitsuko Tottori became Japan Airlines’ first female CEO on April 1, having risen through the ranks as a flight attendant and heading the flight attendant and customer experience divisions.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Yen inches closer to intervention point as BOJ meeting starts
The rate of the yen against the U.S. dollar is displayed in the trading room at foreign exchange brokerage Gaitame.com in Tokyo on Thursday.
Princess Aiko makes debut at imperial garden party
Princess Aiko attends an imperial garden party in Tokyo on Tuesday.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Tokyo's Koto Ward by-election a race unlike any other
Natsumi Sakai, the Constitutional Democratic Party of Japan’s candidate and one of four female candidates running in the by-election, touts her experience as a cancer survivor and midwife as having prepared her to tackle issues that women currently face.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Top U.S. and China diplomats talk tough amid warnings of new ‘downward spiral’
U.S. Secretary of State Antony Blinken and China's Foreign Minister Wang Yi at the Diaoyutai State Guesthouse in Beijing on Friday
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.
For amateur sumo, a fresh start offers hope against time-wasting and gamesmanship
Wrestlers prepare for the start of a bout at the 2023 Sumo World Championships in Tokyo. Starting this month, placing one hand on the clay first is no longer allowed.

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

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