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Apparel Maker Onward to Shut Underperforming Stores

Apparel Maker Onward to Shut Underperforming Stores

   Tokyo, Oct. 4 (Jiji Press)--Major Japanese apparel maker Onward Holdings Co. <8016> said Friday it will close loss-making stores both at home and overseas.
   The company did not disclose the number of stores to be shut. But it is expected to close about 600 stores, or 20 pct of the total, in the next three to five years, sources familiar with the matter said.

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AFP-JIJI PRESS NEWS JOURNAL


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