Aeon Co Ltd

Apparel and textile industry company news

Subscribe via RSSWhat is RSS?

Latest Articles

SOURCING: Cambodia's future outsourcing prospects uncertain Thomas Maresca | 20 Aug 14

If Cambodia's US$5.5bn garment industry is not at a crossroads, it is approaching one, according to participants at an industry trade show held in Phnom Penh over the weekend.

US: Sequential Brands launches Caribbean Joe in Japan Leonie Barrie | 31 May 13

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 Leonie Barrie | 19 Sep 12

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 Katy Askew | 18 Jun 12

Tesco has confirmed details of its planned withdrawal from the Japanese market, which was initially announced last year.

TURKEY: Yesim Tekstil expands into Japan Leonie Barrie | 17 Apr 12

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 Katie Smith | 4 Apr 12

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 Ngo Tuan | 22 Nov 11

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 Jul 10

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 Apr 10

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 Apr 10

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 Jan 10

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 Richard Woodard | 23 Dec 09

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 Dec 09

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 Dec 09

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 Dec 09

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 Oct 09

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 Michael Fitzpatrick | 1 Oct 09

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 Aug 09

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 Jul 09

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 Jun 09

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 Apr 09

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 Apr 09

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 Apr 09

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 Mar 09

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 Mar 09

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 Mar 09

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 Feb 09

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 Feb 09

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 Jan 09

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 Jan 09

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.


just-style homepage

Forgot your password?