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U.S. fashion brands Forever 21, American Eagle returning to Japan

TOKYO (Reuters) - Forever 21 and American Eagle Outfitters (NYSE:AEO) Inc are set to return to Japan after both U.S. fast-fashion brands exited the market in 2019, according to...
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TOKYO (Reuters) - Forever 21 and American Eagle Outfitters (NYSE:AEO) Inc are set to return to Japan after both U.S. fast-fashion brands exited the market in 2019, according to company announcements on Wednesday.

Forever 21 will begin e-commerce sales next February and open a physical store in the spring, according to Japanese trading company Itochu Corp, which acquired domestic sales and licensing rights for the brand.

Forever 21 was acquired in 2020 by New York-based Authentic Brands Group (ABG). Itochu said in August it was working with ABG to expand Eddie Bauer stores in Japan after that brand closed its last shop in the country in December 2021.

American Eagle said separately it was returning to Japan with two flagship stores in the Tokyo neighbourhoods of Shibuya and Ikebukuro in October. The brand had only been available online in Japan following the closure of its last physical stores in 2019.

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04-10-2023 18:07:06 (UTC+7)

EUR/USD

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    EUR/USD 1.0509 ↑ Buy  
    GBP/USD 1.2132 ↑ Buy  
    USD/JPY 148.93 ↑ Sell  
    AUD/USD 0.6326 ↑ Buy  
    USD/CAD 1.3710 Buy  
    EUR/JPY 156.52 ↑ Sell  
    EUR/CHF 0.9649 Neutral  
    Gold 1,839.55 ↑ Buy  
    Silver 21.308 ↑ Buy  
    Copper 3.6098 ↑ Buy  
    Crude Oil WTI 87.60 ↑ Sell  
    Brent Oil 89.33 ↑ Sell  
    Natural Gas 2.977 ↑ Buy  
    US Coffee C 147.85 ↑ Sell  
    Euro Stoxx 50 4,109.35 Buy  
    S&P 500 4,229.45 ↑ Buy  
    DAX 15,122.55 ↑ Buy  
    FTSE 100 7,469.38 ↑ Sell  
    Hang Seng 17,186.00 ↑ Buy  
    Small Cap 2000 1,724.80 Neutral  
    IBEX 35 9,169.45 Buy  
    BASF 42.350 ↑ Buy  
    Bayer 44.22 ↑ Buy  
    Allianz 221.02 ↑ Buy  
    Adidas 161.34 ↑ Buy  
    Lufthansa 7.133 Sell  
    Siemens AG 133.95 Neutral  
    Deutsche Bank AG 9.872 ↑ Sell  
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# So hôm qua # Chênh TG
SJC Eximbank6,820/ 6,870
(-20/ -20) # 1,473
SJC HCM6,815/ 6,885
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SJC Hanoi6,815/ 6,887
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SJC Nhatrang6,815/ 6,887
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Ngoại tệMua vàoBán ra
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JPY158,99168,29
KRW15,4918,87
Cập nhật lúc 18:00:14 04/10/2023
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