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TOKYO -- The Nikkei Stock Average recorded an all-time high after 34 years on Thursday, with stock prices of 142 companies having increased more than tenfold in that time -- supported more recently by foreign investors cashing in on small businesses and betting on company founders with outsize ambitions.
The incident highlights a growing trend of cross-border theft, driven by the allure of high-quality Japanese products, raising questions about the government’s trainee visa programme as well as concerns about security protocols.
TOKYO — Fast Retailing said on Tuesday (Jan 16) its Uniqlo unit filed a lawsuit in Japan against the operators of Shein, claiming the Chinese fashion company copied its round mini shoulder bag.
TOKYO (AP) — Uniqlo Co. has sued rival retailer Shein over a small shoulder bag the Japanese retailer said was an inferior and unlawful copy of its hit product touted as the “Mary Poppins bag.”