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Aeon Co Ltd

SOURCING: Cambodia's future outsourcing prospects uncertain

20 August 2014 | Thomas Maresca

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.... read more

US: Sequential Brands launches Caribbean Joe in Japan

31 May 2013 | Leonie Barrie

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.... read more

CHINA: Uniqlo stores shuttered amid anti-Japan protests

19 September 2012 | Leonie Barrie

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.... read more

JAPAN: Tesco prepares Japan exit with Aeon JV

18 June 2012 | Katy Askew

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

TURKEY: Yesim Tekstil expands into Japan

17 April 2012 | Leonie Barrie

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.... read more

Global news roundup

4 April 2012 | Katie Smith

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. ... read more

VIETNAM: Doximex launches $16m knitwear factory

22 November 2011 | Ngo Tuan

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.... read more

JAPAN: Aeon posts stronger Q1 results

7 July 2010 | just-style.com

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. ... read more

US: Talbots swings to Q4 profit

13 April 2010 | just-style.com

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.... read more

US: Talbots completes BPW acquisition

8 April 2010 | just-style.com

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.... read more

US: The Talbots repays third party debt

5 January 2010 | just-style.com

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.... read more

Retail winners and losers in 2009

23 December 2009 | Richard Woodard

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.... read more

JAPAN: Aeon to spin-off Jusco amid retail shake-up

16 December 2009 | just-style.com

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.... read more

Top stories on just-style this week...

11 December 2009 | just-style.com

Here is a roundup of the top five most-read stories on just-style. Click on each headline for the full story.... read more

US: The Talbots refinances debt as Aeon exits stake

9 December 2009 | just-style.com

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.... read more

JAPAN: Aeon posts H1 loss but confirms full year target

6 October 2009 | just-style.com

Aeon Co has posted a net loss for its first six months, as Japan's recession cut into consumer spending on food and clothes.... read more

JAPAN: Seiyu steps up denim price war with $9 jeans

1 October 2009 | Michael Fitzpatrick

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.... read more

JAPAN: Aeon and Fast Retailing enter jeans price war

13 August 2009 | just-style.com

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.... read more

JAPAN: Aeon Q1 profit drops 62%

8 July 2009 | just-style.com

Japanese retailer Aeon has posted a 62% drop in operating profit as falling consumer spending hit sales.... read more

JAPAN: Gap to test out low price concept

2 June 2009 | just-style.com

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.... read more

JAPAN: Aeon to close 100 apparel stores

30 April 2009 | just-style.com

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.... read more

JAPAN: Retailer Aeon swings to FY loss on Talbots woes

15 April 2009 | just-style.com

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.... read more

US: Talbots reviews sourcing as Q4 losses spiral

14 April 2009 | just-style.com

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.... read more

JAPAN: Retailers up discounts through direct imports

13 March 2009 | just-style.com

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.... read more

JAPAN: Aeon to launch new value kids line

9 March 2009 | just-style.com

Japan's biggest retailer Aeon is to roll out a new low price kids apparel range, setting its targets on the value sector.... read more

US: The Talbots suspends dividend, freezes pension fund

3 March 2009 | just-style.com

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.... read more

Top stories on just-style this week...

6 February 2009 | just-style.com

Here is a roundup of the top five most-read stories on just-style this week. Click on each headline for the full story.... read more

US: Talbots to axe 370 jobs, gets $200m loan facility

6 February 2009 | just-style.com

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.... read more

JAPAN: Aeon eyes return to profit with restructuring plan

20 January 2009 | just-style.com

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.... read more

US: Talbots agrees $150m in new credit lines

6 January 2009 | just-style.com

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.... read more

JAPAN: Mitsubishi, Aeon sign "business alliance"

16 December 2008 | just-style.com

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.... read more

JAPAN: Talbots losses to hit Aeon figures – reports

27 November 2008 | just-style.com

Losses at US retail arm Talbots are set to impact full-year profits at parent company Aeon, according to reports.... read more

US: Talbots Q3 loss widens, gets committed credit lines

25 November 2008 | just-style.com

Women’s wear retailer The Talbots Inc has widened its third quarter loss after closing its non-core Talbots Kids, Mens and UK businesses and being hit by a steep decline in consumer traffic and spending.... read more

JAPAN: Aeon slides to H1 loss amid clothing slump

9 October 2008 | just-style.com

Falling clothing sales sent retail group Aeon sliding to a first-half net loss of JPY16bn (US$159m), but failed to dent the company’s full-year profit hopes.... read more

US: Talbots names Aeon executive as board chairman

31 July 2008 | just-style.com

Women’s wear retailer The Talbots Inc has appointed an executive from its majority shareholder, Japanese retail conglomerate Aeon Co, as non-executive chairman of the board.... read more