Tag Archives for " Laox "

Nov 02

Laox rises from bankruptcy to become tourist shopping leader

Laox, a name apparently derived from Latin, was born in Japan more than 50 years ago, but in 2001 the company went under. Since being rescued by its new Chinese parent, the chain has re-emerged as the single leading retailer targeting tourists, and a major source of sales for brands of cosmetics, fashion, jewellery, and […]

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Jul 14

Onwards ties with Laox and Isetan-Mitsukoshi on export brands

Like all the big apparel groups, Onward is trying to escape dependence on department stores on the one hand, and weaker sales of its European division on the other. To fix this, it is teaming up with a department store to create a new brand aimed at Western markets, and with Chinese-owned Laox to target […]

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