Uniqlo owner cuts outlook after warm winter sees operating profit fall 30 per cent – but company confident new Oxford Street store will “serve as a beacon for new London culture” April 7, 2016 A warm winter has been bad news for Uniqlo globally. But things are going okay in Europe. And its Japanese owner, Fast Retailing, is especially hopeful for the brand's future in the UK. The results noted that a new store opening on Oxford Street in London has "attracted a great deal of attention, with the store poised [...]
China doesn’t fear a Donald Trump presidency: It relishes the prospect February 2, 2016 There was a game I would play with Beijing taxi drivers when asked where I was from. I gave one of three answers: America, the UK or Iran, to see how their reaction differed. To the latter I received a thumbs up, and gesticulations of a nuclear bomb going off. “Boom kapow!” the driver would [...]
Australian Open final 2016: Andy Murray misses out on $2.4m prize money as Novak Djokovic career earnings rise to $96.6m January 31, 2016 Andy Murray missed out on AUS$3.4m (£1.7m) in prize money after suffering a fifth Australian Open final loss with a straight sets defeat to Novak Djokovic. No player has ever lost five times in the final of a grand slam without winning it before – but at least Murray can console himself with a runners up [...]
Uniqlo agrees lucrative sponsorship deal with Kei Nishikori ahead of Tokyo 2020 Olympics January 8, 2016 Japan tennis star Kei Nishikori has signed a new endorsement deal with Uniqlo thought to be worth over £30m. The Japanese No1 and world No8 has renewed his partnership with the clothing company from his home country to cover the 2020 Olympic Games in Tokyo. According to reports, the deal will be worth in excess [...]
The dream of a four-day week just became reality for 10,000 of Uniqlo’s staff August 21, 2015 Dream of working a four-day week? Then maybe you shold relocate to Japan, where Uniqlo parent company Fast Retailing is trialling just that. Starting in October, the fashion giant – which also owns J Brand and Theory – will offer a four-day to around a fifth of its workforce. According to Bloomberg, around [...]
Austin Reed puts Regent Street flagship store up for sale August 18, 2015 Austin Reed has put its flagship store on Regent Street up for sale just months after undergoing a painful restructuring that involved closing 31 stores to pay down debts. The 114-year-old tailor, which counts International Monetary Fund chief Christine Lagarde among its customers, has instructed agents James Andrew International to sell the lease on its [...]
Wimbledon men’s singles final 2015 prize money: Novak Djokovic wins richest ever final over Roger Federer July 12, 2015 Novak Djokovic has made £1.88m after beating Roger Federer in the richest Wimbledon final ever. Read more: Andy Murray is third-highest earning man at Wimbledon The Serb seized the third Wimbledon title of his career, winning 7-6 (7-1) 6-7 (10-12) 6-4 6-3 in a final featuring two titans who are also the sport's biggest ever earners. [...]
Marin Cilic’s $3m US Open prize money makes him third-highest earner on ATP tour, but Nishikori ahead on sponsorships September 9, 2014 Marin Cilic saw off Kei Nishikori in straight sets last night to win the US Open, in doing so becoming only the second player outside of the “big four” of Rafael Nadal, Roger Federer, Novak Djokovic and Andy Murray to win a grand slam this decade. Cilic’s first career grand slam title comes after [...]
US Open: Kei Nishikori vs Marin Cilic marks end to years of Nike and Adidas dominance September 8, 2014 When Kei Nishikori and Marin Cilic go head-to-head in tonight's (22:00 BST) US Open men's singles final, it will mark an end to years of Nike and Adidas' sponsorship dominance of grand slam finals. For the first time since the 2003 French Open final, neither sportswear brand will have a sponsored player in a [...]
Aiming for the stars June 8, 2014 Annabel Palmer speaks to Jenny Biggam, media veteran and co-founder of the7stars AS the media landscape becomes ever more complex, media giants like Mindshare or OMD are having to look beyond the traditional recipe for success (small distribution networks, multiple revenue streams) towards greater innovation and efficiency. But Jenny Biggam, co-founder of the7stars (an independent [...]