TOKYO — Fast Retailing Co. Ltd. said Monday it has decided to pursue a secondary listing of its shares on the Hong Kong Stock Exchange to boost its profile in Asia and appeal to more international investors.
The corporate parent of Uniqlo said it is not issuing new shares so it is not raising any capital in the operation. The company said it plans to list its Hong Kong depository receipts March 5, but it might decide to postpone the listing if business and market conditions change.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"