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Fast Retailing
is a public Japanese multinational retail holding company. In addition to its primary subsidiary Uniqlo, it owns several other brands, including J Brand, Comptoir des Cotonniers, GU, Princesse Tam-Tam, and Theory. History The company was founded as Men's Shop Ogori Shoji in 1949, and formally incorporated as Ogōri Shōji Co., Ltd. in 1963 by Hitoshi Yanai. In 1984, the company, which ran a menswear store in Ube, Yamaguchi, opened a new casual-wear store named Unique Clothing Warehouse in Hiroshima City; this was the forebear of Uniqlo. In September 1991, Ogori Shoji changed its name to Fast Retailing Co., Ltd., and was listed on the Hiroshima Stock Exchange in July 1994.''Uniqlo Syndrome''. Toyo Keizai Shinpo Sha. Tenkai Japan. ASIN: B004PYDPOK. In February 1999, it was listed on the first section (large companies) of the Tokyo Stock Exchange. The company also owns the American brand Theory; Fast Retailing acquired "an equity stake in Link Theory Holdings Co Ltd, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Public Company
A public company is a company whose ownership is organized via shares of stock which are intended to be freely traded on a stock exchange or in over-the-counter markets. A public (publicly traded) company can be listed on a stock exchange (listed company), which facilitates the trade of shares, or not ( unlisted public company). In some jurisdictions, public companies over a certain size must be listed on an exchange. In most cases, public companies are ''private'' enterprises in the ''private'' sector, and "public" emphasizes their reporting and trading on the public markets. Public companies are formed within the legal systems of particular states, and therefore have associations and formal designations which are distinct and separate in the polity in which they reside. In the United States, for example, a public company is usually a type of corporation (though a corporation need not be a public company), in the United Kingdom it is usually a public limited company (plc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Barneys New York
Barneys New York Inc. is an American luxury brand founded in New York City in 1923. It has introduced major designers including Armani, Azzedine Alaïa, Comme des Garçons, Christian Louboutin, and Ermenegildo Zegna to the US market. Barneys New York was sold in November 2019 to Authentic Brands Group for $271.4 million. ''The New York Times'' reported that Authentic Brands Group's strategy is "essentially betting that the future of retail lies with abstract values." On Friday, January 15, 2021, Saks Fifth Avenue unveiled a 54,000-square-foot space on the fifth floor of its flagship in New York, titled Barneys at Saks. The collaboration is aimed at continuing Barneys New York tradition of unearthing and promoting emerging designers. On Monday, January 25, 2021, Saks Fifth Avenue unveiled the first standalone Barneys at Saks store at a 14,000-square-foot location in Greenwich, Connecticut. Operations under Pressman family ownership Early history Barney Pressman initially ope ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
United States Dollar
The United States dollar ( symbol: $; code: USD; also abbreviated US$ or U.S. Dollar, to distinguish it from other dollar-denominated currencies; referred to as the dollar, U.S. dollar, American dollar, or colloquially buck) is the official currency of the United States and several other countries. The Coinage Act of 1792 introduced the U.S. dollar at par with the Spanish silver dollar, divided it into 100 cents, and authorized the minting of coins denominated in dollars and cents. U.S. banknotes are issued in the form of Federal Reserve Notes, popularly called greenbacks due to their predominantly green color. The monetary policy of the United States is conducted by the Federal Reserve System, which acts as the nation's central bank. The U.S. dollar was originally defined under a bimetallic standard of (0.7735 troy ounces) fine silver or, from 1837, fine gold, or $20.67 per troy ounce. The Gold Standard Act of 1900 linked the dollar solely to gold. From 1934, it ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Link Theory
Theory is a New York-based men's and women's contemporary fashion label which sells clothes and accessories. The brand currently has 434 retail locations and global sales approaching $1 billion as of 2021. The company's headquarters and flagship boutique are located in Manhattan's Meatpacking District. Origins and development In 1997, Andrew Rosen, former CEO of Anne Klein and a Calvin Klein executive, launched Theory with co-founder Elie Tahari in New York City as a women's collection, with a focus on comfortable stretch pants. The collection performed well and a men's line was added in 1999. In 2000, a license agreement was formed with Link International of Japan, established in 1998, to manufacture, and distribute the brand as well as operate stores under the Theory name in Asia, predominantly Japan. Women's handbags and shoes were introduced in 2003, and launched nationally in the U.S. for Spring 2006. In 2012 The Council of Fashion Designers of America (CFDA) announc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Theory (brand)
Theory is a New York-based men's and women's contemporary fashion label which sells clothes and accessories. The brand currently has 434 retail locations and global sales approaching $1 billion as of 2021. The company's headquarters and flagship boutique are located in Manhattan's Meatpacking District. Origins and development In 1997, Andrew Rosen, former CEO of Anne Klein and a Calvin Klein executive, launched Theory with co-founder Elie Tahari in New York City as a women's collection, with a focus on comfortable stretch pants. The collection performed well and a men's line was added in 1999. In 2000, a license agreement was formed with Link International of Japan, established in 1998, to manufacture, and distribute the brand as well as operate stores under the Theory name in Asia, predominantly Japan. Women's handbags and shoes were introduced in 2003, and launched nationally in the U.S. for Spring 2006. In 2012 The Council of Fashion Designers of America (CFDA) announc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tokyo Stock Exchange
The , abbreviated as Tosho () or TSE/TYO, is a stock exchange located in Tokyo, Japan. It is the third largest stock exchange in the world by aggregate market capitalization of its listed companies, and the largest in Asia. It had 2,292 listed companies with a combined market capitalization of US$5.67 trillion as of February 2019. The exchange is owned by the Japan Exchange Group (JPX), a holding company that it also lists (). JPX was formed from its merger with the Osaka Exchange; the merger process began in July 2012, when said merger was approved by the Japan Fair Trade Commission. JPX itself was launched on January 1, 2013. Overview The TSE is incorporated as a ''kabushiki gaisha'' ( joint-stock company) with nine directors, four auditors and eight executive officers. Its headquarters are located at 2-1 Nihonbashi- Kabutochō, Chūō, Tokyo which is the largest financial district in Japan. The main indices tracking the stock market of TSE are the Nikkei 225 index of co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hiroshima
is the capital of Hiroshima Prefecture in Japan. , the city had an estimated population of 1,199,391. The gross domestic product (GDP) in Greater Hiroshima, Hiroshima Urban Employment Area, was US$61.3 billion as of 2010. Kazumi Matsui has been the city's mayor since April 2011. Hiroshima was founded in 1589 as a castle town on the Ōta River delta. Following the Meiji Restoration in 1868, Hiroshima rapidly transformed into a major urban center and industrial hub. In 1889, Hiroshima officially gained city status. The city was a center of military activities during the imperial era, playing significant roles such as in the First Sino-Japanese War, the Russo-Japanese War, and the two world wars. Hiroshima was the first military target of a nuclear weapon in human history. This occurred on August 6, 1945, at 8:15 a.m., when the United States Army Air Forces (USAAF) dropped the atomic bomb " Little Boy" on the city. Most of Hiroshima was destroyed, and by the end o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
GU (retailer)
is a Japanese discount casual wear designer, manufacturer and retailer, with 451 stores (as of May 31, 2022) across the country. It is fully owned by the company Fast Retailing is a public Japanese multinational retail holding company. In addition to its primary subsidiary Uniqlo, it owns several other brands, including J Brand, Comptoir des Cotonniers, GU, Princesse Tam-Tam, and Theory. History The company was ..., which is better known as the owner of the retail chain Uniqlo. The name is a pun of the word , meaning free from high cost clothing. Its signature product is a pair of jeans, which costs 990 yen. History GU opened its first shop in Chiba in October 2006 as a more affordable concept in fashion than Uniqlo. In 2013, the company opened its first overseas shop in Shanghai in 2013. In 2018, G.U. opened its first store in South Korea. In 2022, G.U. opened its first store in the United States at New York City. References External links Official website R ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Subsidiary
A subsidiary, subsidiary company or daughter company is a company owned or controlled by another company, which is called the parent company or holding company. Two or more subsidiaries that either belong to the same parent company or having a same management being substantially controlled by same entity/group are called sister companies. The subsidiary can be a company (usually with limited liability) and may be a government- or state-owned enterprise. They are a common feature of modern business life, and most multinational corporations organize their operations in this way. Examples of holding companies are Berkshire Hathaway, Jefferies Financial Group, The Walt Disney Company, Warner Bros. Discovery, or Citigroup; as well as more focused companies such as IBM, Xerox, and Microsoft. These, and others, organize their businesses into national and functional subsidiaries, often with multiple levels of subsidiaries. Details Subsidiaries are separate, distinct legal ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Holding Company
A holding company is a company whose primary business is holding a controlling interest in the securities of other companies. A holding company usually does not produce goods or services itself. Its purpose is to own shares of other companies to form a corporate group. In some jurisdictions around the world, holding companies are called parent companies, which, besides holding stock in other companies, can conduct trade and other business activities themselves. Holding companies reduce risk for the shareholders, and can permit the ownership and control of a number of different companies. ''The New York Times'' also refers to the term as ''parent holding company.'' Holding companies are also created to hold assets such as intellectual property or trade secrets, that are protected from the operating company. That creates a smaller risk when it comes to litigation. In the United States, 80% of stock, in voting and value, must be owned before tax consolidation benefits such ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Retail
Retail is the sale of goods and services to consumers, in contrast to wholesaling, which is sale to business or institutional customers. A retailer purchases goods in large quantities from manufacturers, directly or through a wholesaler, and then sells in smaller quantities to consumers for a profit. Retailers are the final link in the supply chain from producers to consumers. Retail markets and shops have a very ancient history, dating back to antiquity. Some of the earliest retailers were itinerant peddlers. Over the centuries, retail shops were transformed from little more than "rude booths" to the sophisticated shopping malls of the modern era. In the digital age, an increasing number of retailers are seeking to reach broader markets by selling through multiple channels, including both bricks and mortar and online retailing. Digital technologies are also affecting the way that consumers pay for goods and services. Retailing support services may also include the prov ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
