TOKYO, Jan 15 (Reuters) – Uniqlo-owner Fast Retailing Co Ltd
has told two suppliers in China to improve factory
working conditions after an inspection by the Japanese apparel
retailer found problems, including long working hours.
The move comes after SACOM, a Hong Kong-based advocacy
group, issued a report saying employees at Dongguan Tomwell
Garment Co Ltd and Pacific (Pan Yu) Textiles Ltd were working
excessive hours in unsafe conditions, including high
temperatures, poor ventilation and floors covered with sewage.
TOKYO (Reuters) – Japanese clothing firm Fast Retailing Co Ltd (9983.T: Quote, Profile, Research, Stock Buzz) suggested it may lift its full-year profit guidance as global expansion takes root, with strong overseas sales at its flagship Uniqlo brand helping to boost quarterly profit more than expected.
Growth outside its home turf is key to Fast Retailing reaching its target of becoming the world’s top apparel retailer ahead of Zara-owner Inditex SA (ITX.MC: Quote, Profile, Research, Stock Buzz), Hennes & Mauritz AB (H&M) (HMb.ST: Quote, Profile, Research, Stock Buzz) and Gap Inc (GPS.N: Quote, Profile, Research, Stock Buzz) in coming years.
TOKYO, Jan 8 (Reuters) – Fast Retailing Co Ltd’s
first-quarter operating profit rose a higher-than-expected 40
percent as price hikes in Japan and strong overseas sales
boosted revenue at its flagship Uniqlo brand.
Asia’s biggest apparel retailer said on Thursday its
operating profit rose to 91.4 billion yen ($763 million) in the
September-November quarter from 65.31 billion yen a year
TOKYO (Reuters) – McDonald’s Japan (2702.T: Quote, Profile, Research, Stock Buzz) has apologised to customers and vowed to ensure product safety after objects including a tooth and plastic were found recently in its food, the latest trouble for a fast-food chain hit by sliding sales and a shortage of french fries.
The chain, 49.9 percent-owned by McDonald’s Corp (MCD.N: Quote, Profile, Research, Stock Buzz), has been grappling with falling sales that began long before a food safety scandal last summer hit confidence in its products. Convenience stores in particular have drawn away customers with broader ranges of ready-made meals and low-priced coffee.
TOKYO (Reuters) – Joshua and Benny Safdie’s “Heaven Knows What,” the story of a young heroin addict who finds love in the streets of New York, took the top prize at the Tokyo International Film Festival on Friday.
The Safdie brothers also won the best director award for the U.S.-French production, which is based on a real-life account of the female lead, Arielle Holmes, and co-stars Caleb Landry Jones of “X-Men: First Class” fame.
TOKYO (Reuters) – “Super Mario Bros” creator Shigeru Miyamoto has produced some of the world’s biggest video game hits over the past three decades, and now he has added film producer to his long list of credits.
Miyamoto unveiled his latest project, “PIKMIN Short Movies”, at the Tokyo International Film Festival over the weekend – a 3D short-animation film based on Nintendo game characters of the same name.
TOKYO (Reuters) – Hello Kitty and Doraemon anime characters strutted their stuff on the red carpet on Thursday, as Disney’s “Big Hero 6″ kicked off a new-look Tokyo film festival that taps into Japan’s love of animation.
The 27th Tokyo International Film Festival, which runs from Oct. 23 to 31, will hold special events alongside the main festival, including a “cosplay summit” and a Japanese food fair aimed at promoting Japan’s cultural and content industries.
TOKYO (Reuters) – Before the Fukushima nuclear crisis forced them from their homes, residents of Futaba had praised the Daiichi power plant as a “godsend” that brought jobs and money to the Japanese coastal town.
Now, more than three years after the disaster, they remain stuck in cramped emergency housing facing the reality they will likely never go home, with Futaba set to become a storage site for contaminated soil, a new documentary film shows.
TOKYO, March 22 (Reuters) – Given Kate Spade Saturday’s bold
designs, bright colours and creative flair, it was probably only
fitting that the new lifestyle brand opened its first flagship
store in fashion-obsessed Tokyo.
After all, the sister label of Kate Spade New York began
developing the brand with Japanese consumers in mind more than
three years ago, envisaging functional designs that would strike
a chord with on-the-go urbanites and expand the original brand’s
DNA into a more casual realm.
TOKYO (Reuters) – The competition at the London Olympics is already guaranteed to be intense but three Japanese gymnasts may have an extra source of motivation as they vie for gold medals: sibling rivalry.
“When it comes to competing, of course I don’t want to lose to the younger two,” grinned Kazuhito Tanaka, 27, referring to his sister Rie and brother Yusuke.