Edition:
United Kingdom

Ritsuko Ando

Japan's Zozo sees profit recovering this year after bodysuit blunder

25 Apr 2019

TOKYO 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.

Ageless in Japan - Suntory sells 'world whisky' blend as premium tipple

16 Apr 2019

TOKYO/LONDON Japan's Suntory Holdings, faced with a whisky crunch, is selling a rare mix sourced from around the world as premium whisky, aiming to elevate the status of young blends among discerning drinkers who often swear by aged single malts.

Uniqlo owner Fast Retailing cuts outlook after winter discounts

11 Apr 2019

TOKYO Uniqlo owner Fast Retailing cut its full-year profit forecast after an unseasonably warm weather forced it to slash prices for winter clothes, but the number will still be a record high as its business in China continues to be strong.

RPT-Closing time? Japan convenience stores pressed to end 24-7 model amid labour crunch

22 Mar 2019

* Franchise owners battle with 7-Eleven to keep shorter hours

Closing time? Japan convenience stores pressed to end 24-7 model amid labor crunch

21 Mar 2019

TOKYO Japan's 24-hour convenience stores are struggling to stay open around the clock as an industry that has continually expanded now finds itself at the sharp end of a labor shortage.

Itochu amasses 40 percent stake in Descente in rare Japan hostile bid

15 Mar 2019

TOKYO Trading house Itochu Corp said on Friday it has amassed a 40 percent stake in sportswear maker Descente Ltd, setting the stage for a rare hostile takeover in Japan's consensus-driven market.

UPDATE 1-Japan's Zozo cuts outlook, blames failed measurement-taking Zozosuit

31 Jan 2019

* Sees full-year operating profit Y26.5 bln vs previous Y40 bln

Nissan says it's target of SEC inquiry after report of probe on executive pay

28 Jan 2019

TOKYO Nissan Motor Co Ltd said on Monday it was the target of a U.S. Securities and Exchange Commission (SEC) inquiry, widening a scandal involving the Japanese firm and its ousted Chairman Carlos Ghosn over his alleged financial misconduct. | Video

Insight: Ghosn's Renault lieutenant drew extra salary via holding - documents

11 Jan 2019

PARIS/YOKOHAMA One of Renault boss Carlos Ghosn's senior executives received an additional six-figure salary unknown to the carmaker's board via the Dutch joint venture overseeing its alliance with Nissan, according to sources and documents seen by Reuters.

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