Nov. Apparel Sales at Japan’s Chain Stores Fall 7.9%
According to the Japan Chain Stores Association (55 firms, 10,538 stores), sales of apparel during November 2019 fell 7.9% compared to the same month of 2018 to 70,928 million yen.…
Clariant Selling Masterbatches Business to PolyOne
Clariant is selling its entire Masterbatches business to PolyOne for US$1,560 million. This amount is payable at closing, which is expected by the third quarter of 2020. The deal with…
Japanese Dept. Stores Posts 8.6% Drop in Nov. Apparel Sales
According to the Japan Department Stores Association, same-store sales of apparel (including accessories) at member stores across Japan (76 firms, 208 stores) dropped 8.6% in November compared to the same…