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January 03, 2006
Tokyo Story
From runway styles to brand buyouts, the fashion industry is increasingly looking to Japan to discover what’s hip and cool.
The Japanese influence is not only making designers like Yohji Yamamoto even more hot, it’s also inspiring designers like Italy’s Emanuel Ungaro and France’s Christian Lacroix to include details such as cherry blossoms and kimono sashes in their lines.
And the admiration appears to go both ways, as Japanese businesses have kicked off a flurry of M&As with foreign brands.
In May, for example, apparel maker Onward Kashiyama Co. scooped up British fashion group Joseph for 17 billion yen. The Japanese company then went on to acquire management rights in Italian shoemaker Iris, which sells the Marc Jacobs and Chloe brands.
Posted by Blacks on January 3, 2006 09:25 AM
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