Showing 1 - 10 of 13
Second-hand clothes finally take off in Japan
AFP, Published on 19/12/2023
» TOKYO - A second-hand pop-up store in Tokyo by casual clothing giant Uniqlo was a first for the Japanese firm, but also a sign that a local aversion to used garments may finally be fading.
Bangladesh PM rejects further pay hike after garment worker protests
AFP, Published on 10/11/2023
» DHAKA - Bangladesh's Prime Minister Sheikh Hasina has rejected any further pay hikes for protesting garment workers demanding a nearly tripled wage increase, after violent clashes with police and factories were ransacked.
Canada watchdog probes Nike over Uyghur forced labor claims
AFP, Published on 12/07/2023
» MONTREAL - Sporting giant Nike and mining company Dynasty Gold are being investigated in Canada over allegations they used forced labor from China's Uyghur minority, a Canadian watchdog announced Tuesday.
Bank of Japan maintains monetary easing but plans review
AFP, Published on 28/04/2023
» TOKYO - The Bank of Japan announced a review of its longstanding monetary easing measures on Friday, but said it would maintain them for the time being in the first policy decision under new governor Kazuo Ueda.
Yen slides to 24-year low against dollar
AFP, Published on 13/06/2022
» TOKYO - The yen plunged to its lowest level against the dollar since 1998 on Monday as sky-high US inflation fuels a widening monetary policy gap between Japan and the world's largest economy.
Uniqlo defends decision to stay open in Russia
AFP, Published on 07/03/2022
» TOKYO - The parent company of Japanese casualwear giant Uniqlo on Monday defended a decision to keep Russian stores open even as rivals Zara and H&M suspend operations in the country following its invasion of Ukraine.
Fast Retailing reports record first-quarter performance
AFP, Published on 13/01/2022
» TOKYO - Uniqlo operator Fast Retailing posted a record first-quarter profit on Thursday and kept its yearly forecast unchanged, even as business in the key market of mainland China was hit by virus restrictions.
Brands from Ferrari to Nike rush toward 'metaverse' future
AFP, Published on 16/12/2021
» NEW YORK - The metaverse vision for the internet is far from reality, but brands from Ferrari to Nike are already rushing in to experiment and build an audience, in part for fear of missing out.
Vietnam's lockdown ensnares world's clothing giants
AFP, Published on 29/09/2021
» HANOI: From shoes and sweaters to car parts and coffee, Vietnam's strict and lengthy coronavirus lockdown has sparked product shortages among worldwide brands such as Nike and Gap which have grown increasingly dependent on the Southeast Asian nation's manufacturers.
Activists accuse German firms over Uyghur forced labour
AFP, Published on 07/09/2021
» BERLIN: Rights activists said Monday they had filed a criminal complaint in Germany against five retailers including C&A, Lidl and Hugo Boss, accusing them of benefiting from forced labour among China's Uyghur population.