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April 27, 2024
 

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RETAILING

Japan Times
BUSINESS / Companies
Jan 10, 2019
Uniqlo operator Fast Retailing blames warm winter for surprise profit decline
Uniqlo operator Fast Retailing Co. Ltd. reported an unexpected decline in quarterly profit on Thursday, blaming warm weather for hurting winter clothing sales even as its Chinese business shrugged off concerns of a decelerating economy.
Japan Times
BUSINESS
Dec 5, 2018
Fast Retailing opens GU Style Studio store in Harajuku where you try, buy, but walk away with nothing
A brand-new store opened in Tokyo's Harajuku fashion district on Friday, walls lined with clothes, shoes and handbags — and with a twist: shoppers will walk away empty-handed.
Japan Times
BUSINESS
Nov 5, 2018
Faced with worker shortage, Japan reshapes its legendary hospitality
Japan's capital expenditure boom is shifting to the services sector, stirring fears that self-checkout systems and software will take the human touch out of omotenashi, the country's vaunted commitment to hospitality.
BUSINESS / Companies
Oct 12, 2018
Uniqlo operator Fast Retailing nominates founder Tadashi Yanai's two sons to board
Fast Retailing Co. nominated its billionaire founder's two sons to the board of the Uniqlo operator, but their father insists neither is slated to take over his post, at least for now.
Japan Times
BUSINESS / Companies
Oct 11, 2018
Fast Retailing posts record profit on strong global sales
Fast Retailing Co., operator of the Uniqlo casual clothing chain, said Thursday its group net profit rose 29.8 percent to a record ¥154.81 billion ($1.38 billion) in the year through August thanks to strong sales at home and abroad.
Japan Times
BUSINESS
Sep 12, 2018
Going against a global trend, Japan lags on boardroom diversity: study
The "old boys club" in the boardroom is alive and well — and most prevalent among the biggest Japanese and Chinese companies.
Japan Times
BUSINESS
Aug 21, 2018
Department stores' July sales see largest drop in more than three years
Department stores posted the largest year-on-year drop in sales in more than three years in July, as unfavorable weather conditions kept customers away and clothing sales slumped, an industry body said Tuesday.
BUSINESS / Companies
Jul 23, 2018
Japanese casual wear retailer G.U. to open first store in South Korea
Casual clothing retailer G.U. Co. will open its first store in South Korea in September, its fourth shop overseas, following the success of renowned sister brand Uniqlo, which has over 180 outlets in the country.
Japan Times
BUSINESS
Jul 13, 2018
Uniqlo finds success abroad, downplays trade war risk
Fast Retailing Co. shares climbed the most since January on signs that the retailer's steady expansion in overseas markets, now headlined by the face of Roger Federer, is bearing fruit even in the face of risks from an escalating trade dispute.
Japan Times
BUSINESS / Companies
Jul 12, 2018
Fast Retailing net profit up 23.5% on brisk Uniqlo sales, with U.S.-China trade spat impacts 'limited': CFO
Fast Retailing Co., operator of the Uniqlo casual clothing chain, said Thursday its consolidated net profit for the nine-month period through May rose 23.5 percent from a year earlier to ¥148.3 billion ($1.3 billion), driven by strong sales at home and abroad.
BUSINESS / Companies
Apr 12, 2018
Uniqlo operator Fast Retailing hikes annual forecast 13% on growth in Asia
Fast Retailing Co. on Thursday raised its full-year profit forecast by 13 percent on the back of robust growth across Asia, as the owner of clothing chain Uniqlo continues to chase the top spot in global apparel sales.
Japan Times
BUSINESS / Companies
Apr 12, 2018
Toys R Us in talks to sell majority stake in Asia unit, including Japan business
Beleaguered retail chain Toys R Us Inc. is negotiating to sell its 85 percent stake in its Asian business, including the Japan operations.
Japan Times
BUSINESS / Companies
Mar 12, 2018
Fast Retailing to open first Uniqlo shop on Indonesia's Sumatra Island
Fast Retailing Co., Japan's leading casual wear chain operator, will open a Uniqlo brand shop on Sumatra Island, its first outlet outside Indonesia's most populous main island of Java.
Japan Times
COMMUNITY / Issues / LEARNING CURVE
Feb 11, 2018
With his U.S. scholarships for Japanese students, tycoon Tadashi Yanai could do better
Tycoon's fund is accused of giving help to those who don't need it when it could instead be altering more destinies.
Japan Times
BUSINESS / Companies / Taking the Lead
Feb 5, 2018
Fast Retailing Co. President Tadashi Yanai says Asia key to making firm global industry leader
Tadashi Yanai — head of the clothing giant Fast Retailing Co., which runs the popular Uniqlo casual wear brand — may be in the later stages of his career as a business manager, but he has no plans to take it easy.
BUSINESS / Companies
Jan 29, 2018
Bangkok to host first roadside Uniqlo store in Southeast Asia
Fast Retailing Co., the country's leading casual wear chain operator, will open its first roadside Uniqlo store in Southeast Asia in March, marking a milestone in its store expansion in the region with the introduction of a business model that has been a mainstay in Japan.
Japan Times
JAPAN / Society
Jan 4, 2018
Uniqlo opens its doors to job-seeking asylum-seekers at home and abroad
Fast Retailing Co., the parent company of major retailer Uniqlo, has put out the welcome mat for Japan's small number of recognized refugees, offering job opportunities for some who might dream of careers in fashion or sales.
BUSINESS / Companies
Nov 23, 2017
Fast Retailing Co. applies to open Uniqlo stores in India, amid worldwide expansion
Fast Retailing Co. has applied for approval to open stores in India, amid a push by Asia's largest clothing chain to increase its footprint across the globe.
Japan Times
BUSINESS / Companies
Oct 25, 2017
Uniqlo won't sell through Amazon, seeking tie-ups with other companies in U.S.
The head of Fast Retailing Co. on Tuesday ruled out the possibility of the Uniqlo chain selling its casual wear through the online retail giant Amazon.com.
Japan Times
BUSINESS / Companies
Oct 12, 2017
As domestic market contracts, Uniqlo and 7-Eleven looks to make profits overseas
Stagnant spending and soft wage growth in Japan are forcing two of Asia's biggest retailers — Fast Retailing Co. and Seven & i Holdings Co. — to court overseas consumers to drive long-term growth.
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.
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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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