Home / Knowledge / News / Apparel/Garments / NTT bids for online fashion retailer MAGASeek
NTT bids for online fashion retailer MAGASeek
Jan '13
NTT Docomo, Inc. announced that it will launch a friendly tender offer to acquire all shares of MAGASeek Corporation, the operator of the MAGASeek fashion-goods shopping website, with approval from its parent company ITOCHU Corporation.

MAGASeek is one of Japan’s leading websites for fashion goods and has a considerable user base, mainly female customers in their 20s and 30s. Docomo expects to build business synergies in customer satisfaction and shopping convenience by linking MAGASeek’s services with Docomo’s 60 million customers, cloud services and business expertise.

Docomo will also expand its fashion-goods business by collaborating with ITOCHU, Japan’s leading trading company in textile goods, to strengthen the market competitiveness of its fashion business through a robust framework for supply.

Docomo plans to launch a fashion-goods store in dshopping leveraging its large user base, ITOCHU’s leadership in textile goods and MAGASeek’s strong merchandising and logistic capabilities.

NTT Docomo

Must ReadView All

Union textiles minister Smriti Irani addressing at the Texprocil Annual Export Awards. Courtesy: PIB

Textiles | On 22nd Oct 2016

Govt to extend special package to home textiles segment

The Central government is likely to extend the recently approved Rs...

Reebok Liquid Speed Grey. Courtesy: Business Wire

Apparel/Garments | On 22nd Oct 2016

Reebok’s Liquid Factory brings sneaker creation to US

Reebok, a pioneer in the sporting goods industry, has brought sneaker ...

Courtesy: GHCL

Textiles | On 22nd Oct 2016

GHCL to invest Rs 67.25 crore in textile division

Chemicals and textiles firm GHCL will invest Rs 67.25 crore in its...

Interviews View All

Sanjay Yagnik
Maa Tex Speciality

‘We suggest reducing dosage of sizing chemicals to reduce sludge...

Awen Delaval

'Natural fibres are appreciated for traditional authenticity'

Giovanni Pizzamiglio, Paolo Crespi & Riccardo Robustelli
Epson, For.Tex & F.lli Robustelli

‘The percentage share of printing in the global textile market is pretty...

Iago Castro Asensio
RCfil Distribuciones S.L.

Iago Castro Asensio, International Business Manager of RCfil...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Eric Scholler

The Indian market has huge potential in technical textiles, and by far,...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Robert Brunner

Golfwear and menswear brand Devereux is set for greener pastures. Robert...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

October 2016

October 2016

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Browse Our Archives


Advanced Search