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Zozo’s founder acquires control stakes in two Japanese fashion brands

New York – Yusaku Maezawa, the founder of Japan’s online fashion store Zozo Inc (3092.T), has acquired control stakes in two fellow Japanese apparel companies, United Arrows and Adastria. . A regulatory filings showed on Thursday shows that Maezawa bought an 8 percent stake in multi-brand retailer United Arrows (7606.T) for 3.5 billion yen...

Aug. 14, 2020