U.S. consumers have filed a lawsuit against Kobe Steel Ltd (5406.T) and Toyota Motor Corp (7203.T) accusing the companies of violating consumer protection laws and engaging in fraud by concealing the use of substandard metal components in vehicles. The…
Japanese auto parts supplier Denso Corp (6902.T) said on Wednesday it will invest $190 million in an existing Athens, Tennessee, plant to produce components for fuel delivery, ignition and exhaust gas systems for automakers in North America. The investment…
Japanese confectionery and chocolatier chain Morozoff has opened its first Dubai store, at Wafi Mall. Launched by the Emerald Star Group, Morozoff Dubai offers not only cookies and cakes but also a gift collection to suit a range of celebrations and events.…
Vietnamese fruit is making its presence felt in the Japanese market, with the country registering a turnover of US$170 million in 2017 through the export of fruits and vegetables, a year-on-year increase of 70 per cent. This was revealed by Tạ Đức Minh,…
Shoppers in emerging economies such as China and India are seeking a more luxury, personalised shopping service on their mobile, and many Asia Pacific shoppers are even willing to pay more for a product or service if the mobile shopping experience is better.…
US organic brand Three Twins Ice Cream has opened its first store in Japan. In a partnership with Mash Holdings, which runs several lifestyle and eco brand stores as well as organic cafes and kitchens, the outlet is outside the train station in the Daikanyama…
A Space World amusement park in Kitakyushu city, on Kyushu Island, will be the site of a commercial complex to be developed by Aeon Mall. Landowner Nippon Steel & Sumitomo Metal Corp has been discussing development of the Fukuoka Prefecture site with Aeon,…
Aeon and Yahoo Japan have not had tremendous success with their own e-commerce ventures, according to the report. Softbank’s IT prowess is seen as key to enabling Aeon to make the most of its brick-and-mortar assets in a retail sector quickly evolving as…
Clothing retailer Moncler international had double-digit growth in all key financial indicators last year, with soaring Asian sales playing their part. Its revenues for the year reached €1.1 billion (US$1.3 billion), an increase of 17 per cent at constant…
South Korean fashion brand Twee has opened a flagship store at 313@Somerset on Orchard Road. The 4030sqft (374sqm) Twee Singapore store offers an exclusive collection of party dresses as well as Superface beauty products. The store promises to bring in more…
Moncler Genius Building is finally unveiled. During the opening of Milan Fashion Week, Moncler finally revealed the highly anticipated Moncler Genius Building—a conceptual space that housing the Moncler Genius collections designed in collaboration with…
The chairman of South Korea’s Lotte Group has resigned as the chief executive of its Japan-based holding company, following his conviction for bribery charges last week. Lotte Holdings held a board meeting on Wednesday and accepted Shin Dong-bin’s…
Japanese retailer Uniqlo has entered the Netherlands, with a debut Dutch store launching in Amsterdam. The Fast Retailing flagship brand, after months of speculation, has confirmed it will enter the Dutch market in the autumn of 2018. Located on Amsterdam’s…
Japanese company Sumitomo Forestry plans to build the world’s tallest wooden skyscraper to mark its 350th anniversary in 2041. Called the W350, the 350-metre-tall tower will be made up of 10 per cent steel, said the company in a news release. The rest will…
UNIQLO yesterday announced a new collaboration with the tomas maier brand, famed worldwide for its casual yet designed lifestyle concept. The new tomas maierand uniqlo collectionis for women and men, and it will be available in early summer at selected…
Honda Motor Co Ltd will recall roughly 350,000 vehicles in China to resolve a cold-climate engine issue and quell a barrage of customer complaints that has hit the automaker over the past month. The recall involves the CR-V sport utility vehicle and the Civic…
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