The weather played less of a part than usual in sales at Fast Retailing’s Uniqlo chain during July with the company saying on Tuesday that its Japanese sales (including online) rose 4.7% year-on-year during the month.
Facebook beat analysts' estimates for quarterly revenue on Thursday, as businesses used its digital advertising tools to tap a surge in online traffic during the pandemic even as they slashed marketing budgets elsewhere.
What to do with China's abundant stock of coal? Chemicals giant Hengli plans to make clothes out of it. The firm has surprised observers by getting into mining with a $20bn project to convert coal into polyester yarn.
Fast Retailing’s Uniqlo will open an expanded Uniqlo Tokyo on June 19 in the key Ginza shopping district. The company has renovated its store in the Marronnier Gate Ginza 2 building as the area is redeveloped.
The Gap-owned brand said it will work with several partners, including Good360, Baby2Baby and Penske Logistics, to distribute the clothing, and will also donate 50,000 reusable masks to Boys & Girls Clubs of America.