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Stella McCartney’s whistle stop tour Wednesday, 24th April 2013
Stella McCartney’s eponymous label is set to continue its expansion into Europe and Asia, having recently opened new stores in Sweden, Denmark and Japan. According to WWD, McCartney is set to celebrate the launch of her two new stores in both Stockholm and Copenhagen on Friday, ahead of a visit to Tokyo in May to see the city's second Stella McCartney store, which opened just last week.
Kate Spade Saturday opens first store in Tokyo Monday, 4th March 2013
Sister label of Kate Spade New York opens a 2,420-square-foot flagship store in the fashionable Omotesando district of Tokyo this Saturday, as reported by WWD.com. The store will be Kate Spade Saturday’s first freestanding store and is the first of several other sites set to open in Japan over the next few weeks.
Sony to shutter Tokyo centre amidst job cuts Tuesday, 23rd October 2012
Photo crdit: Sony Corp
Sony Corp will shut down operations in a Tokyo office that houses 8 per cent of its Japan staff, as the company looks to cut 10,000 jobs across the globe. The Japanese multinational firm will close its Shinagawa Technology Centre, with 4,800 of the staff employed at the centre relocated to lower-cost facilities.
Sony’s UK workers to hear on job cuts Thursday, 12th April 2012
Hundreds of Sony’s UK employees are now waiting to hear if they will be affected by the 10,000 job cuts the electronics giant confirmed it would make on Thursday. Positions at Sony’s plant near Bridgend in South Wales could face the axe as the firm today set out a new strategy to become profitable again by March 2014, after four years in the red.
Tokyo Stock Exchange suffers major glitch, traders furious Thursday, 2nd February 2012
The Tokyo Stock Exchange suffered its first cash-trading glitch in six years on Thursday, with no morning trade for 240 shares and instruments including Sony Corp. A problem with a server for the data distribution system prevented Sony from trading one day after it announced a new chief executive and ahead of its quarterly results released later today.
Olympus to sue president and 18 other executives, shares surge on takeover hopes Tuesday, 10th January 2012
Olympus Corp will sue its president and 18 other executives, past and present, for up to £30 million in compensation, as it looks to recover from one of Japan’s worst accounting scandals. The camera and medical equipment producer on Tuesday said all board members subject to the lawsuit would leave in March of April, leaving the company in an extraordinary position with its most senior executive, Shuichi Takayama, and five other directors it is suing for mismanagement, still at the helm of Olympus.
Sony faces yet another year in the red Wednesday, 2nd November 2011
Sony reported a JPY 27 billion (USD £346 million) loss for the latest quarter, and was forced to downgrade its annual earnings forecast on Wednesday to stay in the red for the fourth consecutive year. The Japanese electronics retailer bore the brunt of a strong yen and poor sales for its flat panel televisions, as it is not projecting a JPY 90 billion loss for the fiscal year to March 2012 after earlier forecasting a profit of JPY 60 billion.
Mulberry set to be big in Japan Tuesday, 4th October 2011
Luxury British fashion brand Mulberry today announced an extension to its Asian distribution agreement, which will see the brand enter the Japanese market for the first time. Having worked with partner Club 21 since 1995 to distribute goods in China, Singapore, Malaysia, Taiwan, Indonesia, Thailand and the Philippines, the new deal will extend Mulberry’s work with the Asian firm to June 2021.
Cartier comes under fire from Jane Birkin and Gabrielle Crawford Monday, 4th July 2011
According to the Daily Mail the famous jewellery brand will be taken to court in France after an ongoing four year legal battle.
Actress Jane Birkin and her best friend and photographer Gabrielle Crawford are accusing Cartier of exploiting their friendship and a breach in copyright.
Crawford alleges the jeweller approached the friends in 2007, offering to sponsor an exhibition of her photos in Japan. According to Crawford, Cartier were keen for Birkin to accompany the photographer on the trip, and later asked if the former pop star would sing at a charity event in Tokyo during her trip.
Although the charity event was a success, Crawford’s exhibition left her out of pocket, while Cartier used its name on one of her photographs to publicise their charity event without her permission.
‘They failed to publicise my exhibition and I realised they had only approached me to get Jane for this other shindig,’ Crawford told the Daily Mail.
‘They used me because of my closeness to Jane and I was naive enough not to realise. We were both livid and I am taking them to court in France where Jane lives.
'She is supporting my claim for breach of copyright.’ Although Cartier responded to press calls saying it did not wish to comment, according to the Daily Mail Arnaud Bamberger, the head of Cartier UK has invited Gabrielle to lunch.
‘Bit late for lunch now, I’m afraid,’ Crawford told press.
Photo of Jane Birkin by Gabrielle Crawford.
New watch comes with breathalyzer to tackle boozy Brits Friday, 1st July 2011
It might not make you the most popular person at the party but a new watch featuring a breathalyzer could spell the end to embarrassing antics and missed curfews. Tokyo watch makers Kisai have incorporated a touch screen into its latest model, which opens a port at the side of the watch, allowing the user to blow into in order to gauge alcohol levels,letting you know if it’s literally and metaphorically time to head home.The model, which is made from stainless steel, is yet to be priced, but with binge drinking soaring in the UK it's likely to become a favourite 'take-a-hint' gift in time for Christmas.