The American brand founded by Ronnie Fieg is opening a store in the French capital. Spread over three floors, the 16,000-square-foot location not only offers the label's latest collections, but also a restaurant.
Renown Inc, part of Chinese fashion empire Shandong Ruyi, filed for bankruptcy on Friday with 13.9 billion yen ($130 million) in debt, Japan’s highest-profile business to collapse amid the coronavirus outbreak.
An ad by Japanese clothing brand Uniqlo has stirred a consumer backlash in South Korea amid accusations that it mocks victims of wartime forced labour and brothel workers, reopening wounds from Japan’s colonial past.
The Japanese label is readying its first European store for a December opening in Paris. Bape (aka A Bathing Ape) will move into a space on 34 rue de la Verrerie, next to the BHV Homme department store.
Japan's cautious consumers are starting to loosen up, spending more and offering hope that domestic demand - and not just exports - will be strong enough to reflate an economy that has been sluggish for many years.