JAPAN: Daiei Inc Launches Men's Clothing Stores
Japanese supermarket chain Daiei Inc has announced that it is to launch a new nationwide chain of stores selling men's clothing and specialising in low priced, quality, business suits.
Officials from the company told Japanese newspaper The Yomiuri Shimbun that the plan to sell suits at prices of 9,000 yen ($77.5) and 19,000 yen ($163.7) were part of an effort to revitalise the company.
The company will open the first of its new stores on March 1 and will see a total of 50 stores opening before the end of the year.
Some observers have already drawn parallels between the Daiei Inc strategy and that of the very successful Uniglo chain of budget clothing.
Help test our new apparel sourcing tool.
- US apparel sector braces for potential cost hikes
- Vietnam grows share of US apparel imports in 2016
- China leads US apparel sources with falling prices
- Trade Tracker – Trump's first weeks, Brexit agenda
- Key trade issues facing US textiles and apparel
- Bangladesh "high threat" for terrorist activity
- VF Corp sees Q4 and FY earnings tumble
- Sales at US clothing retailers jumped in January
- Ralph Lauren new execs to support Way Forward Plan
- US Q4 in brief – VF Corp, Kate Spade, Rocky Brands
- When Things Go Wrong - A Practical Guide to Managing Common Problems in Apparel Sourcing
- Outdoor performance apparel 2016: A broader perspective
- Technical textile markets: product developments and innovations, December 2016
- Global market review of lingerie – forecasts to 2022
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar