All Itochu articles
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News briefsDescente divests Le Coq Sportif for China
Japanese apparel company Descente is transferring the Le Coq Sportif brand for mainland China to its consolidated subsidiary Le Coq Sportif (Ningbo) Co, Ltd. for 4.9 billion Japanese yen (€31.1m). Le Coq Sportif (Ningbo) is 75 percent owned by Descente and 25 percent owned by Itochu Textile China and was ...
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News briefsDescente increases stake in Ningbo Le Coq Sportif
Japanese sportswear and accessories company Descente Ltd. announced in a notice to shareholders that it has increased its stake in Le Coq Sportif (Ningbo) Co. Ltd. (NLCS). NLCS was established by Sugiei and Itochu Textile (China) Co., Ltd. (ITS), a subsidiary of Itochu Corporation, in 2004 to expand the brand’s ...
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News briefsItochu acquires marketing and licensing rights for Reebok in Japan
Tokyo-based Itochu Corporation announced that it has reached an agreement for Reebok’s marketing and licensing rights in Japan. Reebok is owned by New York-based Authentic Brands Group (ABG). Adidas formally completed the divestiture of Reebok to ABG on Feb. 28, 2022. Itochu will start operations via Locondo, Inc., which is ...
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News briefs
Lycra introduces fibers made from 100% textile waste
Contributing to the circular economy, The Lycra Company has developed its first performance products made from 100 percent textile waste. The Coolmax EcoMade and Thermolite EcoMade are the result of a partnership with Itochu Corp., one of the largest general trading companies in Japan, with strength in consumer-related sectors including ...
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News briefs
Itochu and Aquafil join forces to sell recycled nylon
The Japanese trading company Itochu and the Italian chemicals firm Aquafil have entered a partnership to promote the sale of the latter’s Econyl fiber and to expand the circular nylon production. In 2011, Aquafil created the Econyl Regeneration System, which turns recovered nylon waste such as fishing nets, carpets and ...
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News briefs
Symphony partners with Itochu for Skins in China
Symphony Holdings has agreed to cooperate with Itochu to develop the Skins brand of compression garments in mainland China and to work together on design, supply chain management and distribution. Itochu got the rights to the Skins brand for Japan, China, South Korea, Taiwan and Hong Kong eight years ago. ...
