Japanese e-commerce brand Rakuten Inc has announced it will launch a budget smartphone service that costs roughly a third of the standard monthly fees that Japan’s three main operators charge, in a move that will intensify price competition.
Starbucks has revealed plans to take on complete ownership of its Japanese sector for in excess of $900 million – in order to strengthen its power in what is the second-biggest market globally.
Japanese fashion retailer Uniqlo announced today that they plan to expand their childrenswear range by 50 per cent, and hope to have the same amount of pieces as in the adult lines.
Sony Corp. on Wednesday revealed it was struggling to keep up with demand for its new PlayStation 4 videogame console, after selling more than 7 million in just over four months to 6 April.
Uniqlo parent Fast Retailing Co Ltd has reportedly pulled out of talks regarding a takeover of US fashion and lifestyle retailer J.Crew Group Inc.
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