ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter
Retail

Retail retreat: Japan apparel group Onward to shut 20% of stores

Company sheds brick and mortar to invest more in growing online segment

An Onward store in Tokyo: the retailer has relied heavily on department store and shopping center locations. (Photo courtesy of the company)

TOKYO -- Midsize Japanese clothing retailer Onward Holdings will close around a fifth of its stores worldwide, pivoting toward e-commerce as its mainstay brick-and-mortar locations struggle to attract customers.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more