Home / Knowledge / News / Apparel/Garments / Mizuno to close 200 outlets in China by 2009
Mizuno to close 200 outlets in China by 2009
21
Jul '09
Mizuno, the Japanese sports goods, apparels and footwear manufacturer will close about 200 stores in China before the end of 2009 and will maintain the number of stores at around 700 in number in that country.

China is a major overseas market of Mizuno and it has company owned stores in Shanghai, Beijing, Guangzhou and other first line cities, while in the second and third tier cities they are mainly franchisee owned outlets.

As of the end of 2008, Mizuno had 260 company owned and 642 franchise outlets in China. Commenting on the closure, an official said that as of now there is no fixed number to the number of stores that will be closed down in each city.

He added by saying that a number of stores will be merged or closed down in accordance with the ground situation in that city or town, but said that the number of outlets to be closed in Shanghai will not be too many.

Fibre2fashion News Desk - China

Must ReadView All

Textiles | On 23rd Mar 2017

South Korean Samil Spinning acquires Buhler Quality Yarns

South Korean yarn producer Samil Spinning has acquired US based...

Apparel/Garments | On 23rd Mar 2017

E-retailers to pay up to 1% TCS under GST

E-retail marketplaces will need to deduct up to 1 per cent tax...

Textiles | On 23rd Mar 2017

Lanxess to expand chemical intermediates capacity

The Advanced Industrial Intermediates business unit of German...

Interviews View All

Anshul Sood
Oceedee

‘Indian footwear market is nascent and largely a trend follower’

Manfred Mentges
Sedo Treepoint GmbH

We see a higher demand in colour management systems, as customers see big...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Eamonn Tighe
Nature Works LLC

Eamonn Tighe, Fibres and Nonwovens - Business Development Manager of...

Iago Castro Asensio
RCfil Distribuciones S.L.

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

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Robert Brunner
Devereux

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

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

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

news category


Related Categories:
March 2017

March 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search