BizCast Japan #6: Real estate, Investment funds, Billy’s Boot Camp, and Fast Retailing seeks to aquire Barneys
This edition of BizCast Japan returns to our full discussions format, with headlines, two quick picks and a focus issue.
In the headlines portion of the program, Albrecht Stahmer and Ken Worsley discuss the reported 1 trillion yen being currently spent by Japan’s five large real estate developers on current projects, issues surrounding Steel Partners and other investment funds in Japan, media portrayals of investment funds, the poor performance of domestic car sales in Japan, a new scandal surrounding the Goodwill Group, and a bit on corporate social responsibility in Japan.
For his quick pick, Albrecht elects to discuss the recent success of Billy Blanks, the founder of Tae Bo, and his “Billy’s Boot Camp” series of fitness videos, which have sold over 500,000 copies so far in Japan. We discuss how Billy’s Boot Camp has fulfilled the first half of the “New markets, new products” equation, and wonder if some strategic brand-stretching might be able to keep the trend alive in a market with a notoriously short attention span.
For his quick pick, Ken decides to discuss a recent government white paper that claims better use of IT in Japan’s workplaces could lead to an increase of around 1% in GDP. The report also chastises Japan’s IT firms for being so inward looking and focused solely on the domestic market, and increasingly unable to complete in the global marketplace.
For our focus issue, we discuss the bid to acquire the Barneys New York by Fast Retailing, the parent company of Uniqlo. How does this move fit in with Uniqlo’s existing portfolio? We discuss the issues surrounding this potential move, and what may be motivating Fast Retailing to make this move at this time.
Related Posts:
- State of the Trans-Pacific Radio for August
- BizCast Japan #13: Department Stores, Fukutoshin, Seven-Eleven, Whale Meat, Real Estate and the iPhone
- BizCast Japan #11: Toyota, Mizuho, Blogging, Real Estate and Consumer Electronics in 2008
- BizCast Japan #15: Nomura and MUFG Make Big Moves, Retail Trouble, Sapporo’s Carbon Labeling, and Real Estate
- BizCast Japan #14: The iPhone in Japan, Department Stores, Real Estate, the G8, Nissan, Shinsei and Consumer Sentiment










