In our article “Japanese e-commerce company to acquire majority stake in Phenix owner” (July 27), we incorrectly stated that Shiffon Co., Ltd. is the “owner of Phenix” while Shiffon Co., Ltd. is merely the Phenix licensee for its worldwide sales territories except for China. We apologize for this mistake and have since changed the original article on our website. The portrayal of the article in our SGI Europe Executive Edition dated Aug. 4 cannot be changed for technical reasons, so we kindly ask you to take note of this correction.

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