• Home
  • Tags
  • Zozo

Zozo news and archive

Business

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...

loading...

Business |ANALYSIS Featured

Zozo withdraws from Europe and the US, hopes for profit to recover later this year

New York – Japanese online fashion retailer Zozo Inc. said it expects its profit to recover in the current fiscal year, after booking its first-ever annual earnings fall. The earnings report left the industry debating the finances of the company running Zozotown online mall. To date, Zozo has managed to capture almost half of Japan’s online...

loading...