Jade Group is acquiring portions of Royal's business as part of a strategic move to expand its market presence and operational efficiency in the Japanese e-commerce sector.
Target Information
Jade Group, a company specializing in e-commerce for footwear and apparel, has recently acquired a portion of the business from Royal, a firm currently undergoing civil rehabilitation proceedings in Nagoya. This acquisition positions Jade Group as a key partner in helping Royal maintain operations while enhancing their sourcing routes and distribution networks. The acquisition includes not only operational elements but also potential improvements in service offerings.
Royal, following a corporate split, has transitioned its import and sales operations for footwear, apparel, and sports goods to a newly established company, also named Royal, while delegating logistics and warehousing operations to Royal Logistics. With this restructuring, Jade Group will now own both entities as subsidiaries, facilitating a streamlined operation.
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Industry Overview
The e-commerce industry in Japan has seen significant growth over the past few years, driven by the increasing shift towards online shopping amid changing consumer behaviors. The COVID-19 pandemic accelerated this trend, leading to a heightene
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Disclosed details
Transaction Size: $80M