Itochu Corporation

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Japan's Itochu confirms support for Ethiopia garment sector Julian Ryall | 16 Sep 19

Japan's Itochu Corporation has signed an agreement with the Ethiopian Textile Industry Development Institute and the Ethiopian Investment Commission to further develop the African nation's growing textile and clothing industry. 

Itochu takes stake in Shandong Ruyi's Lycra business Hannah Abdulla | 27 Feb 19

Japanese conglomerate Itochu Group has announced an investment into Chinese textile firm Shandong Ruyi's newly acquired business The Lycra Company.

Itochu to help Vinatex move up the value chain Michelle Russell | 17 Jan 17

The Vietnam National Textile and Garment Group (Vinatex) has signed a co-operation agreement with Japanese conglomerate Itochu Corp in a move expected to help develop a change in production method and the joint development and supply of textile items for the global market.

Coolcore inks Japan distribution deal with Itochu Leonie Barrie | 3 May 16

Coolcore’s chemical-free cooling and moisture transportation fabrics are to be distributed throughout Japan thanks to a just-signed exclusive distribution agreement with Itochu.

Itochu to distribute K-Swiss footwear in Japan Leonie Barrie | 14 Jul 15

Itochu Corporation says it expects to reach an agreement with US footwear firm K-Swiss that will give it exclusive rights to import and distribute the sports brand in the Japanese market.

Vinatex and Itochu MoU to grow textiles Michelle Russell | 10 Feb 15

Vietnam National Textile and Garment Group (Vinatex) has signed a memorandum of understanding with Japan's Itochu for the development of new projects and textile dyeing and finishing materials in Vietnam.

UK: Itochu closes in on TM Lewin takeover Michelle Russell | 20 May 14

Japanese trading house Itochu is in exclusive talks to acquire London high street shirt maker TM Lewin, just-style understands.

UK: Quantum Clothing acquired by Japanese trader Itochu Katie Smith | 6 Jul 12

Textiles business Quantum Clothing Group has been acquired by Itochu Corp for an undisclosed sum.

US: Perry Ellis inks license deal with Itochu Prominent Katie Smith | 3 May 12

Apparel firm Perry Ellis International subsidiary PEI Licensing has entered into a licensing agreement with textile firm Itochu Prominent USA to design, manufacture and sell men's tailored clothing.

US: WRAP CEO Steve Jesseph to retire Leonie Barrie | 30 Nov 11

Steve Jesseph, the CEO of social and environmental training and certification group Worldwide Responsible Accredited Production (WRAP), is to retire at the end the year.

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.

Global news roundup Petah Marian | 31 Oct 11

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.

Global news roundup Petah Marian | 20 Oct 11

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.

just-style management briefing: ERP-PLM suppliers become more competitive Ivan Castano Freeman | 3 Oct 11

As ERP and PLM integrated suites become an increasingly important tool for apparel companies looking to edge out the competition, software suppliers are also constantly adding new features and capabilities to their products as they strive to rein in the market.

CHINA: Itochu acquires stake in Shandong Ruyi Petah Marian | 5 Sep 11

Japanese conglomerate Itochu has acquired a 30% stake in Chinese textile group Shandong Ruyi.

JAPAN: Itochu inks Nina Ricci license | 22 Jul 11

Japan’s Itochu Corporation has won the exclusive rights to import and sell the full range of Nina Ricci products in the country.

VIETNAM: Hanosimex building new $39.8m garment complex Ngo Tuan | 16 Mar 10

Vietnamese manufacturer Hanoi Textile Garment Company (Hanosimex) has begun construction of a new complex in the Dong Van II industrial zone in Ha Nam province.

JAPAN: Itochu wins Lotto license Michael Fitzpatrick | 26 Jan 10

Itochu Corp has won the license, import and sales rights for the Italian Lotto casual wear in Japan.

CHINA: Itochu to buy 28% stake in Dalian | 3 Sep 09

Leading Japanese trading company Itochu Corp is to buy into China’s Dalian Yawen Underwear Co as a first step to entering the burgeoning lingerie market there.

JAPAN: Itochu takes up stake in Maruko | 24 Apr 09

Japan’s leading vast and amorphous trading company Itochu, which already owns large chunks of Japan’s and China’s apparel business, has taken a controlling stake in ailing Japanese underwear company Maruko Co.

CHINA: Shanshan's Ningbo appoints new president | 24 Mar 09

Chinese apparel maker Ningbo Shanshan Co has appointed Japanese businessman Koichi Nakabun as its president.

JAPAN: Itochu to purchase 28% of Chinese firm Shanshan | 16 Jan 09

Focusing its attention on the Chinese market as the Japanese economy shrinks violently, Japanese trading giant Itochu is to buy a 28% stake in Chinese top apparel firm Shanshan Group.

JAPAN: Itochu boosts Prime Network stake to 35% | 11 Aug 08

Japan’s top trading company Itochu has increased its stake in Nagoya-based TV shopping company Prime Network, from 15% to a controlling 33%.

JAPAN: Itochu agrees license deal with Alexandra Neel | 6 Aug 08

Top Japanese trader Itochu has signed an agreement with Alexandra Neel to import her high-end designer footwear by license for the Japanese clothing market.

JAPAN: New generation stretch denims launched | 18 Feb 08

Nisshinbo and Itochu Textile Company are to launch a new stretch denim fabric collection incorporating the latest Dow XLA fibres, which are said to be resistant to harsh treatments and chemicals.

NETHERLANDS: Tommy Hilfiger to take control of Japanese unit | 9 Jan 08

The Tommy Hilfiger Group has entered into an agreement to acquire majority control of Tommy Hilfiger Japan Corporation (THJC), currently owned by Itochu Corporation.

JAPAN: Itochu acquires Mad Foot brand | 7 Dec 07

The Itochu corporation of Japan has recently acquired the underground street fashion hit brand Mad Foot trademark, famous for its sneakers.

ISRAEL: Tefron swings to Q3 loss on lower activewear sales | 19 Nov 07

Seamless intimate apparel and activewear maker Tefron Ltd has swung to a third quarter loss on lower sales to Nike and Victoria’s Secret coupled with manufacturing problems in its Hi-Tex division.

UK: Marchpole optimistic despite YSL termination | 8 Aug 07

Fashion brand management group Marchpole Holdings said, in its first interim management statement, that the board continues to believe it is well placed to withstand the termination of the YSL licence.

UK: Jean Charles de Castelbajac in new Japanese distribution deal | 5 Jul 07

The Jean Charles de Castelbajac men’s and women’s wear brand has signed a new distribution agreement with Coronet, a member of the Itochu Group, in Japan and South Korea.


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