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Zozo founder Maezawa says he was too top-down, time for new CEO
Yahoo Japan says it plans to buy 50.1% of Zozo for about $3.7 bln
Tokyo Stock Exchange Says It Suspends Trading In Zozo On Tender Offer Report
ZOZO, Inc., formerly START TODAY CO., LTD. is a Japan-based company engaged in the E-commerce (EC) business which operates Internet shopping Websites. The Company’s business includes ZOZOTOWN business, PB business, BtoB business, advertising business and other business. The ZOZOTOWN business consists of the purchasing shop, contracted shop and ZOZOUSED business. PB business sells the Company-designed apparel products tailored to the individual shape of the users. The B to B business supports various fulfillment related businesses, such as system development, design production, logistics contracting, marketing support of EC sites operated independently by apparel makers. The advertising business uses ZOZOTOWN and WAR's user reach base to provide advertising space to client brands and advertising agencies and earns advertising revenue. The others business includes business associated with ZOZOTOWN, such as paid member revenue, shipping income and settlement fee income.
Retail (Catalog & Mail Order)
WBG Marive West,2-6-1, Nakase, Mihama-ku
President, Chief Executive Officer, Representative Director
Vice President, Chief Financial Officer, Director
Chief Director of Human Resources, Director
Chief Director of Hospitality, Director
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Yahoo Japan Corp <4689.T> said it will take over Japan's biggest online fashion retailer Zozo Inc <3092.T> for 400 billion yen ($3.7 billion), seeking to breathe fresh life into the business and compete better against the likes of Amazon.com <AMZN.O>.
Internet and e-commerce company Yahoo Japan Corp, will launch a takeover bid for online clothing retailer Zozo Inc, public broadcaster NHK said on Thursday.
Japanese online fashion retailer Zozo Inc said it expects its profit to recover in the current fiscal year, after booking its first-ever annual drop in earnings on a failed experiment with bespoke tailoring and clashes with fashion brands.
Japanese online fashion retailer Zozo Inc forecast its profit would recover in the current fiscal year, after booking its first-ever annual drop on a failed experiment with bespoke tailoring and clashes with fashion brands.
* Next stage of made-to-order business under debate -executive
For Japan's Zozo Inc, a brash online fashion retailer, 2018 marked a turning point, but not in the way that anyone had hoped.
* Sees full-year operating profit Y26.5 bln vs previous Y40 bln
Japanese fashion e-commerce website Zozo Inc cut its business outlook for the full year and slashed its dividend, blaming its failed body-measuring Zozosuit service for weaker-than-expected sales.
* Says it plans to buy back up to 10 million shares (representing 3.2 percent of outstanding) of its common stock for up to 25 billion yen, during the period from May 1 to June 30
* Says it will transfer system assets and operation of application named WEAR to wholly owned unit, which is engaged in system data processing and collection, effective April 1
* Says it will retire 10.7 million shares (3.3 percent of outstanding) of its common stock on June 30
* Says it will set up a fund with investment amount of $12 million in Cayman Islands
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.