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...The brand has recently expanded into clothing and accessories....
...The company has apologised and said it was investigating and co-operating with affected clients. It was the second significant attack on the group in as many years....
...Bickerstaffe’s departure had been planned, in a way, since she agreed to become co-chief executive in 2022....
...Overlaying these issues is a sector-wide slowdown in luxury after the end of a pandemic-era boom when shoppers armed with stimulus checks indulged in designer handbags and clothing....
...The owners of Japan’s biggest casual clothing brands Uniqlo and Muji have posted a surge in quarterly profits on the back of a stellar post-pandemic recovery in China sales....
...Technology groups from Apple to Sony as well as clothing and footwear companies including Crocs and Adidas have boosted their factory presence in the south-east Asian country in recent years....
...That benefits Uniqlo, which sells affordable clothing. Global inequality is an unstoppable trend....
...“In the UK, in particular, international payments and remittances used to be a huge money spinner for the banks,” says Shamir Karkal, co-founder of Sila Money, which provides an interface for fintechs to...
...Chris Bonnett, owner of online garden centre GardeningExpress.co.uk, said on Tuesday that he had made an “extremely compelling offer” to acquire the Wilko brand and website....
...The site handling the clothing rental system claims that a 10kg reduction in a flight passenger’s luggage results in an estimated 7.5kg reduction in carbon dioxide emissions....
...Ratcliffe founded Ineos in 1998 with co-owners Andy Currie and John Reece, snapping up assets from BP, ICI and others to develop it into one of the world’s largest chemicals business....
...Currently only clothing bought at Uniqlo will be repaired, but Dudech says it may accept other items in the future....
...Fast Retailing, Asia’s largest clothing retailer and owner of the Uniqlo fashion brand, will increase employee wages in Japan by as much as 40 per cent as inflation in the country rises at its fastest pace...
...A day after the owner of Uniqlo clothing brand stunned the nation with a plan to raise wages in Japan by up to 40 per cent, its chief financial officer told investors the pay hike was not a one off....
...Wages are stagnating, so consumers are spending less of their diminished discretionary budgets on clothing. The weak yen benefits exporters....
...Fast Retailing, Asia’s largest clothing retailer and owner of the Uniqlo fashion brand, has said it expects a significant drop in profits in China this year as it warned on the impact of the country’s Covid...
...But there were also experimentations, bizarrely, with growing plants on and in clothing....
...Musinsa, South Korea’s fast-growing ecommerce clothing platform with more than 10mn users and Won2.3tn in gross merchandise value, is keen to gain a foothold in Japan....
...Clothing company Allbirds faces a consumer class action lawsuit after making marketing claims that plaintiffs argued were misleading, Fitch said....
...“We had all been so international in our focus previously,” says Sarah Rustin of Thaddaeus Ropac gallery and a co-director of LGW, working alongside its founder Jeremy Epstein....
...The economic lockdowns across the rest of the world have hurt the owner of the Uniqlo casual clothing brand, which has slashed its annual net profit forecast by 39 per cent....
...Retail Inditex (Spain) By investing in new systems, the Spanish clothing group is blurring the line between physical and online stores....
...Uniqlo and Muji, two of Japan’s biggest casual clothing brands, are expecting record profits for the year ahead, bucking a downturn in the global retail industry with a pandemic-driven boom in online sales...
...The Chinese clothing maker that controls brands including The Lycra Company and Gieves & Hawkes revealed on Monday that it had failed to pay back investors on a $153m bond, the latest in a string of defaults...
...“Overseas Chinese still have economic power [in south-east Asia] — you have to co-operate with them.” Uniqlo currently has about 60 stores in North America and 100 in Europe....
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