Japan
Uniqlo to switch from plastic to paper bags
Japanese-based retailer announced it will be using paper shopping bags instead of the plastic bags from September onwards. With this move, the company is joining the global initiatives to address one of the most important environmental issues: plastic pollution
Asics Ventures takes stake in Curv Labs
Asics announced that its investment subsidiary has taken an equity stake in Curv Labs, a Canadian startup that has developed software to capture motion
Asics releases 2018 sustainability report
The Japan-based sportswear giant has released its 2018 Sustainability Report, summarizing the company’s progress towards medium and long-term sustainability targets, its ASICS Sustainability Vision
Furla exceeds 500 million euros in turnover
The Italian-based group continues to announce growth, hitting 513 million euros in turnover in 2018, a 5.2% increase at constant exchange over 2017 (2.8% increase at current exchange)
Japanese footwear imports consolidate growth
In 2018 imports of footwear by the Asian country grew by 2.8% in quantity and 3.9% in value. Japan is the 4th largest importer of footwear and the 6th largest consumer market for footwear
Asics launches recycling project for the Olympics
Asics, Olympic and Paralympic Games Tokyo 2020 Gold Partner in the sporting goods category, launched the Asics Reborn Wear Project (ARWPJ) in January, aiming to offer a way to cheer for Tokyo 2020 Japan Olympic and Paralympic Team competitors
Asics invests in conductivity textiles
The Japan-based footwear company has made its first investment, taking a stake in AI SILK Corporation, a venture company affiliated with Tohoku University and focused on developing conductive textiles
Japanese imports slow down
The Japanese market is one of the most important ones for footwear companies. Imports of footwear by this Asian country registered a decline of 5.1% in the first semester of 2017
Asics wants to make soles in a microwave
The Japanese brand is testing a new way to produce the midsoles of sneakers with microwave technology. Asics believe this can lead to usage of 90% less energy than standard production techniques
adidas opens footwear lab in Japan
The Germany-based brand has announced the opening of a new facility in Japan dedicated to development activities. It is the first center of this kind by adidas in the Asian country
Mulberry focus in Japan
The London-based luxury brand has announced plans to launch a joint venture deal with Onward Global Fashion, a Japanese brand
Gola to enter Japan
The British-based footwear brand is entering the Japanese market with its Spring / Summer 17 collection
Japanese footwear imports up by 4%
According to data obtained by the worldfootwear.com, Japan has imported 2 688 million US dollars’ worth of footwear in the first half of the current year
Asics announces organizational restructuring
The Japan-based company has announced an optimization of its global operations through the restructuring of the organization and the hiring new management leaders. The aim is to boost its Center of Excellence
Asics announces steady quarter
The sporting goods group has declared the business was steady during the first quarter of the year, despite posting a double-digit profit decline-
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