Edition:
India

Ritsuko Ando

Walmart sells majority stake in Seiyu, nearly exiting Japan

16 Nov 2020

TOKYO Walmart Inc is selling a majority stake in Japanese supermarket chain Seiyu to investment firm KKR and e-commerce company Rakuten for over $1 billion, after years of struggling to make money amid stiff competition.

FOCUS-Uniqlo revives Jil Sander tie-up in post-pandemic, upmarket push

12 Nov 2020

TOKYO, Nov 12 Baggy pants and oversized t-shirts helped spare Japanese fashion brand Uniqlo from the steep coronavirus-led fall in sales that hit rival fashion chains such as H&M and Zara.

Change of tune: Japan music fans moving from CDs to streaming services

10 Nov 2020

TOKYO Japanese music enthusiasts, loyal to CDs long after the rest of the world went online, have begun reaching for the eject button and switching to streaming services as artists cancel in-store events and fans stay home because of the pandemic.

Uniqlo owner sees strong rebound as basic fashion resilient in pandemic

15 Oct 2020

TOKYO Japan's Fast Retailing , owner of casual fashion brand Uniqlo, on Thursday forecast a stronger-than-expected surge in operating profit this business year as it rebounds from the pandemic.

UPDATE 2-Uniqlo owner sees strong rebound as basic fashion resilient in pandemic

15 Oct 2020

* Shares at record-high (Adds detail, company comments on outlook)

Fast Retailing annual profit likely halved, seen recovering fast

14 Oct 2020

TOKYO After a bump in August sales at its Uniqlo stores in Japan, Fast Retailing investors will look to the company's financial update on Thursday for signs that the recovery will last beyond a flurry of sales in masks and stay-at-home clothes.

PREVIEW-Fast Retailing annual profit likely halved, seen recovering fast

14 Oct 2020

TOKYO, Oct 14 After a bump in August sales at its Uniqlo stores in Japan, Fast Retailing investors will look to the company's financial update on Thursday for signs that the recovery will last beyond a flurry of sales in masks and stay-at-home clothes.

UPDATE 2-Japan's Colowide says it's won fast-food fight to take over rival Ootoya

08 Sep 2020

TOKYO, Sept 8 Japanese fast-food group Colowide said it had succeeded in a hostile takeover of Ootoya , after offering a generous premium to persuade investors to set aside fears that a deal would hurt the home-style dining chain's food quality.

Death knell sounds for some of Japan's oldest department stores

07 Sep 2020

TOKYO After more than three centuries in business, the Onuma department store in northern Japanese city of Yamagata began bankruptcy proceedings this year - one of many distinguished department stores across the country in dire straits.

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