Itochu Corp wants to grow its share of discretionary product distribution in Japan and the rest of Asia, particularly in the sports market, and Descente is a key part of this.
Boomeranged on Tue, 6 Aug 2024 22:47
This is background on why Itochu's just announced tender for the remaining shares in Descente is part of a wider brief to become a powerhouse in sports brand distribution in and outside Japan.
SUMMARY
(Sign Up to Access)
Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
Unlock research summaries
Follow top, independent analysts
Receive personalised alerts
Access Analytics, Events and more
Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.