HONG KONG — Shares of Muji's parent company Ryohin Keikaku Co. partially recovered Thursday, ending the day down 1.23 percent, after a Chinese state media report accusing it of consumer fraud sent its shares plummeting in morning trading.
The Japanese retailer, together with sportswear behemoth Nike, were among the brands targeted in a Chinese television show segment aimed at uncovering fraudulent consumer practices. Nike shares also took a dip on Wednesday, but closed up 0.66 percent.
"I think that all anyone really wants in life is to have people understand us for who we actually are, despite everything," says Ruth Negga. The actress talks "Preachers" season 2 and more on WWD.com. #wwdeye (📷: Dan Doperalski)
"That's something that resonates with me too because I'm so locked into a number. If I go over that number it completely ruins my day so it's nice to get detached from the number on the scale." - Chelsea Handler on Kelly LeVeque's book "Body Love." #wwdeye (📷: John Salangsang)