Look Holdings

Basic Information

Stock Code
8029
Industry
Textile Products
Category Detail
Apparel & Fashion Accessories
Prefecture
Tokyo
Establishment Year
October 1962
Listing Year
September 1981
Official Website
https://www.look-holdings.jp/
TSE Information
TSE Information
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Overview

Look Holdings is a leading company in the textile products industry, founded in 1962. Centered on women's apparel, it operates multiple international brands in Japan and engages in diversified business activities.

Current Situation

Look Holdings recorded consolidated sales of approximately 43.9 billion yen and net profit of approximately 1.9 billion yen in 2019, maintaining a stable financial base. In its mainstay women's ready-to-wear sector, it develops brands such as "A.P.C.", "marimekko", and "IL BISONTE", possessing competitiveness through a sales network centered on department stores and specialty stores. It transitioned to a holding company structure in 2018, diversifying revenue sources through acquisitions of overseas subsidiaries and brand expansion. It is actively addressing sustainability, focusing on supply chain development and reducing environmental impact. Moving forward, it will strengthen customer touchpoints through digital sales channels and logistics efficiency improvements, and pursue cost reductions by optimizing production bases. Aiming to enhance brand value and expand markets domestically and internationally, it is implementing a strategy for sustainable growth.

Trivia

Interesting Facts

  • Originally established in 1962 as 'Renown Look.'
  • Strength in launching overseas fashion brands in Japan.
  • Transitioned to holding company structure in 2018 to improve management efficiency.
  • Has fully subsidiary-ized Italian brand Il Bisonte.
  • Closed all domestic factories in 2004 and shifted to import-focused operations.
  • Main sales channels centered on department stores with a luxury orientation.
  • Maintains stable revenue despite intensifying domestic market competition.
  • Holds multiple brands for risk diversification and market penetration.
  • Veteran apparel group headquartered in Akasaka, Minato-ku, Tokyo.
  • Efficient delivery by logistics subsidiary L Logistics.

Hidden Connections

  • Has official license agreements with multiple overseas brands, supporting market expansion.
  • Holds a high share in women's apparel sections of domestic department stores.
  • Achieves cost efficiency through shared logistics among group companies.
  • Holding company transition has activated strategic acquisition deals.
  • Differentiation through planning and sales of imported women's apparel sets it apart from competitors.
  • Strong ties with the Italian parent company of IL BISONTE.
  • Suppresses growth slowdown through overseas brand expansion amid tough domestic apparel market.
  • Subsidiary specialized logistics company brings cohesion to group logistics strategy.

Future Outlook

Growth Drivers

  • Brand strengthening in the domestic luxury women's apparel market
  • Revenue diversification through new acquisitions and expansion of overseas brands
  • Growth in digital channels centered on e-commerce
  • Cost reduction effects from logistics efficiency
  • Enhanced product value from rising sustainability needs
  • Expansion into new markets (regional cities and overseas)
  • Strengthened marketing using customer data
  • Improved adaptability to change through flexible management structure
  • Differentiation through improved customer experience quality
  • New demand creation through expansion of environmentally friendly products and services

Strategic Goals

  • Achieve group-wide sales of 50 billion yen
  • Increase EC ratio to over 30%
  • Achieve over 50% sustainable product ratio
  • Improve recognition of major brands domestically and internationally
  • Reduce delivery costs by 20% through logistics efficiency
  • Business expansion through active acquisition of new brands
  • Expansion of CSR activities through strengthened community collaboration
  • Customer service innovation through digital technology utilization
  • Workplace environment improvement promoting diverse work styles
  • Build business processes aiming for zero environmental impact

Business Segments

Brand Planning and Manufacturing

Overview
Manages planning to manufacturing of apparel for multiple brands and optimizes the supply chain.
Competitiveness
Strong brand portfolio and import sales capabilities
Customers
  • Domestic Department Stores
  • Specialty Store Chains
  • Fashion Retailers
  • Import Partners
Products
  • Women's Apparel Planning and Development
  • Brand License Management
  • Quality Control
  • Logistics Coordination

Logistics Services

Overview
Implements efficient logistics management and delivery services for its own and client operations.
Competitiveness
Stable goods distribution network
Customers
  • Group Companies
  • External Retailers
  • Mail-Order Businesses
Products
  • Storage Services
  • Delivery Services
  • Inventory Management System

Imported Goods Sales

Overview
Imports overseas brands and sells them in the Japanese market.
Competitiveness
Ownership of overseas brand licenses and sales strength
Customers
  • Domestic Women's Apparel Retailers
  • Department Stores
  • Select Shops
Products
  • Imported Women's Apparel
  • Overseas Brand Licenses

Competitive Advantage

Strengths

  • Diverse portfolio of international brands
  • Strong sales channels centered on department stores
  • Long years of industry experience and history
  • Strong brand value and recognition
  • Management efficiency through holding company structure
  • Stable capital base
  • Revenue diversification through global expansion
  • Efficient operation of logistics bases
  • Superior product planning organization
  • Expertise in import sales

Competitive Advantages

  • Official distribution strength for overseas brands in Japan
  • Broad customer touchpoints through multi-channel sales
  • Rapid decision-making and flexibility via holding company structure
  • High-quality product planning and supply chain management
  • Rapid delivery through effective logistics systems
  • Market risk diversification through abundant brands
  • Strategic acquisitions and collaboration with overseas subsidiaries
  • Solid sales foundation centered on department stores
  • Deep expertise specialized in fashion
  • Business operations considering sustainability

Threats

  • Shrinking domestic apparel market
  • Price competition risks from intensifying competition
  • Rapid changes in consumer preferences
  • Impact of foreign exchange fluctuations
  • Rising logistics costs
  • Rise of emerging brands
  • Demand fluctuations due to external factors like new infectious diseases
  • Supply chain stagnation risks
  • Changes in laws, regulations, and trade policies
  • Increased compliance costs from strengthened environmental regulations

Innovations

2020: Completion of Transition to Holding Company Structure

Overview
Transitioned from Look Co., Ltd. to holding company Look Holdings, achieving group management efficiency.
Impact
Improved speed and flexibility of management decision-making

2021: Strengthening Digital Sales Channels

Overview
Implemented system investments to enhance e-commerce operations and improve online customer experience.
Impact
EC sales increased 20% year-over-year

2022: Adoption of Sustainability-Considered Materials

Overview
Promoted active use of low-environmental-impact materials and strengthened environmental standards for suppliers.
Impact
Enhanced brand image and expanded customer support

2023: Expansion of Global Brand Acquisitions

Overview
Promoted expansion in the premium brand sector by making Italy's Il Bisonte a wholly-owned subsidiary.
Impact
Revenue growth effect from high-value-added products

2024: Completion of Logistics Center Relocation to Funabashi

Overview
Achieved logistics efficiency, delivery cost reductions, and faster delivery.
Impact
Shortened delivery times and improved operational efficiency

Sustainability

  • Active adoption of environmentally friendly materials
  • Improvement of labor environments in the supply chain
  • Logistics efficiency for CO2 emission reductions
  • Recycling promotion and waste reduction activities
  • Environmental awareness programs within the group
  • Plastic packaging reduction targets
  • Strengthened standards for domestic and international suppliers
  • Environmental conservation activities in collaboration with local communities
  • Promotion of sustainable fashion
  • CSR awareness enhancement through employee education