Aeon Co Ltd - apparel and textile industry company news 
US: Sequential Brands launches Caribbean Joe in Japan
31 May 2013
Sequential Brands Group is launching its Caribbean Joe sportswear and activewear brand in Japan this season with licensing partner Minoya Company Ltd, one of Asia's leading apparel manufacturers.
CHINA: Uniqlo stores shuttered amid anti-Japan protests
19 September 2012
Japanese retail giant Fast Retailing Co has shuttered nearly one-third of its Uniqlo casual clothing stores in China following anti-Japan demonstrations in the wake of a diplomatic dispute between Asia's two biggest economies over a group of islands in the East China Sea.
JAPAN: Tesco prepares Japan exit with Aeon JV
18 June 2012
Tesco has confirmed details of its planned withdrawal from the Japanese market, which was initially announced last year.
TURKEY: Yesim Tekstil expands into Japan
17 April 2012
Yesim Tekstil, one of Turkey's largest clothing and textile manufacturers, has expanded its customer base to Japan through a new supply deal with retail giant Aeon.
Global news roundup
4 April 2012
The following is a round-up of apparel and footwear news from the world's local media. just-style has not checked these stories so cannot guarantee their accuracy.
VIETNAM: Doximex launches $16m knitwear factory
22 November 2011
One of Vietnam's leading knitwear manufacturers, Dong Xuan Knitting Co Ltd (Doximex) has opened a new $16m factory in the northern province of Hung Yen to produce high quality knitwear for the Japanese market.
JAPAN: Aeon posts stronger Q1 results
7 July 2010
Japan's second-largest retailer Aeon more than doubled its operating profit in the first quarter, boosted by the sale of its stake in US clothing chain Talbots.
US: Talbots swings to Q4 profit
13 April 2010
Women's wear retailer The Talbots Inc has swung to a fourth quarter profit after cost cuts and more sales of its garments at full-price offset lower revenues.
US: Talbots completes BPW acquisition
8 April 2010
Women's wear retailer The Talbots has completed its merger deal with BPW Acquisition Corp as well as paying off all outstanding debts to former majority shareholder, Aeon.
US: The Talbots repays third party debt
5 January 2010
Struggling apparel retailer The Talbots has amended its loan arrangements to repay all of its outstanding third party debt – part of the company’s merger plans.
Retail winners and losers in 2009
23 December 2009
Like just about every other business sector on the planet, retailers continued to be affected by global economic turmoil during 2009. Companies previously intent on expansion and growth turned to cost-cutting, making swingeing redundancies and shuttering loss-making stores.
JAPAN: Aeon to spin-off Jusco amid retail shake-up
16 December 2009
Aeon Co, Japan's second largest retailer, is to spin-off its Jusco shoe business into a separate subsidiary as part of moves to shake-up its struggling general merchandise operations.
Top stories on just-style this week...
11 December 2009
Here is a roundup of the top five most-read stories on just-style. Click on each headline for the full story.
US: The Talbots refinances debt as Aeon exits stake
9 December 2009
Japanese retailer Aeon has retired its majority shareholding in The Talbots, with the US chain announcing plans to merge with a special purpose acquisition company and repay $491m in debt to Aeon.
JAPAN: Aeon posts H1 loss but confirms full year target
6 October 2009
Aeon Co has posted a net loss for its first six months, as Japan's recession cut into consumer spending on food and clothes.
JAPAN: Seiyu steps up denim price war with $9 jeans
1 October 2009
Another major Japanese retailer has upped the ante in the country's jeans war, with Seiyu Ltd today (1 October) launching jeans for women and men priced at just JPY850 (US$9.44) a pair.
JAPAN: Aeon and Fast Retailing enter jeans price war
13 August 2009
A jeans price war got under way with earnest today with Aeon, Japan’s largest retailer, announcing that from tomorrow (Friday) it will be retailing jeans at JPY880 (US$9.2), just over a hundred yen less than the JPY990 price offered by Fast Retailing's Gu stores.
JAPAN: Aeon Q1 profit drops 62%
8 July 2009
Japanese retailer Aeon has posted a 62% drop in operating profit as falling consumer spending hit sales.
JAPAN: Gap to test out low price concept
2 June 2009
Gap Inc's Japanese unit has introduced a test low price store concept to compete with Uniqlo far to the North of the Japanese capital.
JAPAN: Aeon to close 100 apparel stores
30 April 2009
Japanese retailer Aeon Co has confirmed to just-style reports in the Japanese press that it plans to close 100 of its casual women's apparel outlets this year as part of ongoing restructuring of its store business.
JAPAN: Retailer Aeon swings to FY loss on Talbots woes
15 April 2009
A slowdown in consumer spending, coupled with losses at its US clothing unit Talbots Inc, have pushed Japanese retailer Aeon Co to a full-year loss.
US: Talbots reviews sourcing as Q4 losses spiral
14 April 2009
Retailer The Talbots is nearing a global sourcing deal with Li & Fung and has secured extra funding from its parent company as its fourth quarter losses spiralled to US$136.3m.
JAPAN: Retailers up discounts through direct imports
13 March 2009
Taking a leaf from the Fast Retailing business model, Japan’s top supermarket chains have upped the ante by stepping up direct imports of clothing for sale at discount prices in their stores.
JAPAN: Aeon to launch new value kids line
9 March 2009
Japan's biggest retailer Aeon is to roll out a new low price kids apparel range, setting its targets on the value sector.
US: The Talbots suspends dividend, freezes pension fund
3 March 2009
Struggling women’s wear retailer The Talbots has suspended its quarterly dividend indefinitely and frozen the company’s pension fund in a renewed bid to cut costs.
Top stories on just-style this week...
6 February 2009
Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.
US: Talbots to axe 370 jobs, gets $200m loan facility
6 February 2009
Another 370 jobs are to go at The Talbots Inc as part of moves by the women’s wear retailer to strip more costs from its business after negotiating a new $200m loan from its majority shareholder Aeon Co.
JAPAN: Aeon eyes return to profit with restructuring plan
20 January 2009
Japanese retailer Aeon is mulling a number of structural changes as it attempts to return to profitability, having posted its first loss in seven years earlier this month.
US: Talbots agrees $150m in new credit lines
6 January 2009
Women’s wear retailer The Talbots Inc has agreed three new credit lines in a move that gives it access to an extra $150m in working capital.
JAPAN: Mitsubishi, Aeon sign "business alliance"
16 December 2008
Japanese conglomerate Mitsubishi Corp is to join forces with domestic retailer Aeon Co. in a "comprehensive business alliance" taking in distribution, procurement and the supply chain.
