Uniqlo is Japan's leading clothing retail chain, and also has outlets in China, France, Hong Kong, Malaysia, the Philippines, Russia, Singapore, South Korea, Taiwan, Thailand, the United Kingdom and the United States.
The move shows the challenge faced by established e-commerce players, which are finding it harder to retain users in a slowing economy.
The popularity of all things Zen has been a boon for Japanese purveyors of pared-down goods, but have consumers debased the essence of the Buddhist sect’s philosophy?
‘Clothing is a necessity of life. The people of Russia have the same right to live as we do,’ says the head of Fast Retailing, which owns the brand.
Tadashi Yanai was asked why he had not commented on whether Uniqlo uses cotton sourced from China’s Xinjiang and told the Nikkei that ‘the US approach is to force companies to show their allegiance’.
Experts say if she follows Maria Sharapova’s path, she should surpass Naomi Osaka’s yearly earnings – and even exceed Serena Williams career earnings in time
Does Benetton still exist? The Italian fashion brand, once hugely successful, has been supplanted by other names like Zara, H&M and Uniqlo.
Last military flight includes troops who had been helping with evacuations, as well as Ross Wilson, the chief US envoy to Kabul; more than 122,000 people were flown out since August 14, the day before the Taliban regained control of the country.
Beijing’s use of bans and boycotts is a double-edged sword and, this time around, boycott supporters may have bitten off more than they can chew
Uniqlo staff said the customers were damaging clothes by stretching or staining it with lipstick and make-up.
Hong Kong apparel manufacturers can either remain as local icons or build partnerships in mainland China as a springboard to global markets, says Bosco Law, who is working with Li Ning to restructure the ailing Bossini group.
He promised to step down at 70 – now he’s 71 and wants Fast Retailing to become the world’s largest fashion chain
Armani made great suits, Tadashi Yanai brought basics to Japan and Stefan Persson became the king of fast fashion: now they’re all billionaires