Muji news and archive

Muji to appoint administrators for European subsidiary

Japanese retailer Muji has confirmed its intention to appoint administrators after media reports began speculating the possibility of a pre-pack administration deal for its European holding company. In a statement to FashionUnited, the company said: “Muji Europe Holdings (MEH), has announced its intention to appoint administrators. This is part...

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Nike, Muji, Calvin Klein parents groups lead stock losses on Chinese boycott fears

On Thursday, Nike (NKE) fell hardest among the Dow industrials, down more than 5 percent on news of a possible boycott in China. In a similar fashion, the operator of Japanese brand Muji saw its shares drop more than 7 percent in early trade Friday. Nike shares dived 5 percent on the Dow Jones Wednesday and ended the daily trading session...