Home / Knowledge / News / Apparel/Garments / Aoki grows fashion retail from secondary offering of stock
Aoki grows fashion retail from secondary offering of stock
27
Feb '14
AOKI Holdings Inc. Board of Directors approved a resolution on February 17, 2014 to sell treasury stock and conduct a secondary offering of stock.

The AOKI Group operates a number of businesses that reach rank among the leaders in their respective industries. Operations as of February 17, 2014 include the Fashion Business, which has 642 AOKI and ORIHICA branded stores that sell mainly men’s and women’s clothing; the ANNIVERSAIRE and Bridal Business, which operates 14 wedding facilities and other facilities.

The Karaoke Facility Operations Business, which has 156 COTE D’AZUR branded locations; and the Café Complex Operations Business, which has 228 locations that include KAIKATSU CLUB facilities that provide relaxing spaces with Internet access, comics, magazines, massage chairs and other amenities.

Sustaining the growth of the Group’s businesses will require the consistent growth of existing stores along with opening many new locations in Japan, including in regions where the Group does not currently operate, in order to increase market share. In the current fiscal year, the Fashion Business plans to open 91 stores, an all-time high for a fiscal year, and 34 new locations are planned in the Karaoke Facility Operations Business and Café Complex Operations Business. I

n the ANNIVERSAIRE and Bridal Business, operations started in February 2014 at ANNIVERSAIRE MINATO MIRAI YOKOHAMA, which is one of the largest wedding and reception facilities in Japan. In the fiscal year ending on March 31, 2015, more than 100 stores and other facilities of the Group are to be opened or renovated.

Funds procured from this sale of treasury stock will be used for measures aimed at achieving more growth in all of the Group’s businesses. Specifically, expenditures are planned for new stores, renovations to adapt to changes in market conditions and IT systems for improving efficiency in the Fashion Business as this business grows. The objective is to further increase corporate value by building a sound foundation for raising the market share of each business and sustaining growth.

Aoki Holdings


Must ReadView All

GMAC urges Cambodia to push fabric-forward rule in RCEP

Apparel/Garments | On 17th Oct 2017

GMAC urges Cambodia to push fabric-forward rule in RCEP

Representatives from the Garment Manufacturers Association of...

Alibaba to invest $15 billion in DAMO Academy for research

Textiles | On 17th Oct 2017

Alibaba to invest $15 billion in DAMO Academy for research

Alibaba will invest $15 billion over the next several years in its...

Pressure on  Indian textiles exporters to ease by Q3: ICRA

Textiles | On 17th Oct 2017

Pressure on Indian textiles exporters to ease by Q3: ICRA

Pressures on the profit and debt levels of textiles exporters is...

Interviews View All

Sachin Sharma
Gem Enviro Management Pvt Ltd

There are no significant differences between virgin yarn and PET recycled...

Cindy McNaull
Cordura

We have broad range of options in durable fabrics

Mukesh Agarwal & Rajesh Agarwal
Madhuram Fincap Pvt Ltd

Increasing prices and lack of demand main issues facing industry

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Abhishek Pachauri

Reckon Industries adapts latest systems for manufacturing from designing...

Vikas Banduke

Softech Controls Private Limited (SCPL) is a part of the Cotmac Group, an...

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Giorgio Mantovani
Corman S.p.A

Giorgio Mantovani, MD of Corman, with a presence in both Milano and New...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Divvya and Nidhhi Gambhir
Walnut

<b>Divvya and Nidhhi Gambhir</b> started their career with the launch of...

Pranav Mishra
Huemn

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

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

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

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
76.9%
No
13.8%
Skip
9.2%

Total Votes: 65

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.5%
No
27.7%
Skip
10.8%

Total Votes: 65

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
84.6%
No
10.8%
Skip
4.6%

Total Votes: 65

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
73.8%
No
12.3%
Skip
13.8%

Total Votes: 65


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search