In a set of stock filings, Maezawa (pic) disclosed stakes making him the third-largest shareholder in fashion retailers United Arrows Ltd. and Adastria Co. The holdings are worth a combined 7.6 billion yen (US$71mil).
TOKYO: Yusaku Maezawa, the Japanese billionaire who sold his online apparel company to Masayoshi Son and is preparing to ride around the moon on Elon Musk’s spacecraft, jumped back into the country’s business scene on Thursday with a set of unlikely bets on brick-and-mortar clothing retailers.
In a set of stock filings, Maezawa disclosed stakes making him the third-largest shareholder in fashion retailers United Arrows Ltd. and Adastria Co. The holdings are worth a combined 7.6 billion yen (US$71mil).
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