{"id":152421,"date":"2019-08-09T07:10:14","date_gmt":"2019-08-09T04:10:14","guid":{"rendered":"http:\/\/ww-vb.mine.nu\/w108\/south-korea-boycott-hitting-sales-of-japans-uniqlo-company-says\/"},"modified":"2019-08-09T07:10:20","modified_gmt":"2019-08-09T04:10:20","slug":"south-korea-boycott-hitting-sales-of-japans-uniqlo-company-says","status":"publish","type":"post","link":"https:\/\/hameed.nwar.uk\/sa\/south-korea-boycott-hitting-sales-of-japans-uniqlo-company-says\/","title":{"rendered":"South Korea boycott hitting gross sales of Japan&#8217;s Uniqlo, firm says"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<div class=\"PrimaryAsset_container\">\n<div class=\"Image_container\" tabindex=\"-1\">\n<figure class=\"Image_zoom\" style=\"padding-bottom:\">\n<div class=\"LazyImage_container LazyImage_dark\" style=\"background-image:none\"><img decoding=\"async\" src=\"http:\/\/s1.reutersmedia.net\/resources\/r\/?m=02&amp;d=20190808&amp;t=2&amp;i=1416953504&amp;r=LYNXNPEF77240&amp;w=20\" aria-label=\"FILE PHOTO: A Uniqlo store is seen on 5th Ave in New York, New York, U.S., March 19, 2019.   REUTERS\/Carlo Allegri\"\/><\/div>\n<\/figure><figcaption>\n<p><span>FILE PHOTO: A Uniqlo retailer is seen on fifth Ave in New York, New York, U.S., March 19, 2019.   REUTERS\/Carlo Allegri<\/span><\/p>\n<\/figcaption><\/div>\n<\/div>\n<p>TOKYO (Reuters) &#8211; A boycott on Japanese items in South Korea has had an influence on informal clothes chain Uniqlo\u2019s gross sales within the nation, the corporate mentioned on Friday, highlighting the widening financial hit from a diplomatic row over Tokyo\u2019s wartime position. <\/p>\n<p>Japan\u2019s determination final month to tighten controls on exports of supplies that South Korea makes use of to make semiconductors and smartphone shows has prompted a shopper backlash in Korea, with shoppers boycotting Japanese merchandise from beer to pens. <\/p>\n<p>Relations between the 2 U.S. allies at the moment are at their worst in a long time. The dispute is rooted in compensation for compelled laborers throughout Japan\u2019s occupation and South Korea has repeatedly invoked its tough historical past with Japan, which colonized the Korean peninsula throughout World Battle Two. <\/p>\n<p>\u201cWe will verify that there was an influence on the gross sales in Korea,\u201d a spokeswoman for Uniqlo proprietor Quick Retailing (<span id=\"\u201dsymbol_9983.T_0\u201d\">9983.T<\/span>) mentioned, declining to provide figures. <\/p>\n<p>The corporate\u2019s latest determination to shut a retailer in Seoul was unrelated to the boycott, the spokeswoman mentioned, including that the contract for the property had ended and the corporate determined to not renew. <\/p>\n<p>Japan cited safety issues for the curbs. The transfer, nevertheless, has additionally been seen as retaliation after a South Korean courtroom final yr ordered Japanese firms to compensate Koreans who had been compelled to work for Japanese occupiers throughout World Battle Two. <\/p>\n<p>Japan has additionally eliminated South Korea from a listing of favored buying and selling companions. <\/p>\n<p>Uniqlo is one in all Japan\u2019s extra seen manufacturers globally outdoors the auto and electronics industries. It has near 190 shops in South Korea the place it sells round 140 billion yen  ($1.three billion) of garments yearly, or 6.6% of its income. <\/p>\n<div class=\"Attribution_container\">\n<div class=\"Attribution_attribution\">\n<p class=\"Attribution_content\">Reporting by Ritsuko Ando and Chris Gallagher; Writing by David Dolan; modifying by Richard Pullin and Stephen Coates<\/p>\n<\/div>\n<\/div>\n<div class=\"StandardArticleBody_trustBadgeContainer\"><span class=\"StandardArticleBody_trustBadgeTitle\">Our Requirements:<\/span><span class=\"trustBadgeUrl\">The Thomson Reuters Belief Ideas.<\/span><\/div>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"http:\/\/feeds.reuters.com\/~r\/reuters\/businessNews\/~3\/ANTKSduHhGE\/south-korea-boycott-hitting-sales-of-japans-uniqlo-company-says-idUSKCN1UY2X7\">Supply hyperlink <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] FILE PHOTO: A Uniqlo retailer is seen on fifth Ave in New York, New York, U.S., March 19, 2019. REUTERS\/Carlo Allegri TOKYO (Reuters) &#8211; A boycott on Japanese items in South Korea has had an influence on informal clothes chain Uniqlo\u2019s gross sales within the nation, the corporate mentioned on Friday, highlighting the widening &hellip;<\/p>\n","protected":false},"author":1,"featured_media":152426,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[92770,91722,19994,92218,93129,12048,108802,108803,92460,22475,74312],"class_list":["post-152421","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-tie-world","tag-asia-pacific","tag-company-news","tag-fast","tag-general-news","tag-international-trade","tag-japan","tag-labourers","tag-retailing","tag-south-korea","tag-southkorea","tag-us"],"_links":{"self":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/152421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/comments?post=152421"}],"version-history":[{"count":0,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/posts\/152421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media\/152426"}],"wp:attachment":[{"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/media?parent=152421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/categories?post=152421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/hameed.nwar.uk\/sa\/wp-json\/wp\/v2\/tags?post=152421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}