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Laox

Full company profile

uuid0006dr8

Namestring
Laox
Legal namestring
ラオックスホールディングス株式会社 (Laox Holdings Co., Ltd.)
Websiteurl
laox.co.jp
Company typeenum
Public
Founded yearint
1976
Descriptiontext

Laox Holdings Co., Ltd. (TSE: 8202) is a Japanese publicly listed retail holding company founded in 1976 and headquartered in Minato-ku, Tokyo. It operates four reportable segments: a Gift Solution business (Shaddy, combining physical retail and an e-commerce gift mall); a Retail business spanning luxury watches, jewelry, gold, consumer electronics, cosmetics, and souvenirs through Laox physical stores and Barneys Japan; a Trading business focused on cross-border commerce with China via Laox-Trading and Laox-China; and an Asset/Service business covering logistics, real estate, and the Kakogawa Yamatoyashiki regional department store.

The company runs an omnichannel retail model combining a flagship physical store network — most prominently the new five-floor Laox Ginza Main Store (opened May 28, 2026) featuring approximately 1,000 luxury watch SKUs including about 100 Rolex models, plus Chow Tai Fook jewelry and gold ingots — with group-wide e-commerce storefronts (Shaddy Gift Mall, Barneys New York Online Store, Yamatoyashiki Online Store, The Ginza Select). Underlying technology is conventional retail and e-commerce rather than proprietary software, though the group has expanded into authenticated pre-owned luxury via the CHELSEA VINTAGE ROOM concept and luxury watch resale via a 34% equity-method stake in Yoko Group.

Laox generates revenue through transactional retail sales across B2C and B2B gift channels, domestic and inbound tourist retail, and trading activities, with pricing set at retail levels for luxury goods and by weight for precious metals (no public pricing disclosure). Its customer base spans domestic Japanese consumers and international tourists, with a recent strategic emphasis on asset-value-driven buyers and the circular luxury segment, supported by a holding-company structure that integrates retail, trading, logistics, and real estate subsidiaries.

Short descriptiontext

Laox Holdings (TSE: 8202) is a Japanese retail holding company operating luxury watches, jewelry, gifts, vintage fashion, and Asia cross-border trading through Laox, Shaddy, Barneys Japan, and Laox-China, serving domestic consumers and inbound tourists.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersShiba, Japan
HQ citystring
Shiba
HQ countrystring
Japan
HQ regionstring
Asia
Markets served

Serves global market

Offices2 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
luxury watch retail, jewelry retail, gift solution services, specialty retail, consumer electronics
Industry2 codes
1Jewelry, Watches & Luxury Omnichannel
CodeCRAFAEAHPrimaryYes
2Pre-owned Watch Dealers & Exchanges
CodeCRAKAKABPrimaryNo
NAICS code1 code
  • Jewelry Retailers45831
SIC code1 code
  • Jewelry, Silverware & Plated Ware3910
Product category
Specialty Retail (Luxury Goods)
Social media profiles1 record
GTM motion2 records

Each record includes

Type, Description, Source

Revenue model4 records
1Retail Sales
TypeTransaction Fee
Description

Revenue from physical retail stores and e-commerce platforms selling luxury watches, jewelry, gold, consumer electronics, cosmetics, and souvenirs to domestic and international customers. The flagship Ginza store features approximately 1,000 types of watches and luxury goods.

laox.co.jp
2Gift Solution Business
TypeTransaction Fee
Description

B2C and B2B gift retail operations through Shaddy brand, combining physical store sales with e-commerce gift mall platform.

laox.co.jp
3Trading Business
TypeTransaction Fee
Description

Trading operations focused on China market, facilitating cross-border commerce between Asia and Japan.

laox.co.jp
4Asset/Service Business
TypeTransaction Fee
Description

Real estate and logistics services supporting group operations.

laox.co.jp
Marketing channels2 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels2 records

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components5 values
Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure
GTM typeB2C
B2C
Offering typeServices
Services
Brand1 of 4 records shown
1Watch.GINZA
Description

Luxury watch retail concept at Laox Ginza flagship store featuring premium international and Japanese watch brands including ROLEX, PATEK PHILIPPE, Cartier, and Japanese makers

laox.co.jp
+3 more records
Core offering1 text field

Laox is a Japanese retail holding company operating physical stores and e-commerce platforms that sell luxury watches, jewelry, gold, consumer electronics, cosmetics, and gifts through subsidiaries such as Shaddy, Barneys Japan, and Laox Global Retailing. The flagship Laox Ginza Main Store (Watch.GINZA) anchors a strategy focused on asset-value products targeted at both Japanese consumers and inbound tourists. The group also operates a China trading business and asset/service offerings.

Differentiator
Functional benefit
Problem solved
Quantifiable outcome1 value
  • 34% stake acquired in Yoko Group, making it an equity-method affiliate
Product and service9 records
1Laox Ginza Main Store (Laox Watch.GINZA)
CategorySpecialty retail
Description

Flagship physical retail store in Ginza selling luxury timepieces, jewelry, gold, and other asset-value products to affluent Japanese consumers and inbound tourists.

2CHELSEA VINTAGE ROOM
CategorySpecialty retail
Description

Vintage luxury fashion concept/store operated by Barneys Japan offering authenticated pre-owned luxury fashion items.

3Shaddy Gift Mall
CategoryGift solution
Description

Online gift platform operated by group subsidiary Shaddy (Shaddy Co., Ltd.), offering curated gifts and gift-related products including Laox-branded gifts for nationwide delivery.

4Barneys New York Online Store
CategorySpecialty retail
Description

E-commerce platform operated by Barneys New York Co., Ltd., the group's luxury fashion subsidiary, offering domestic and international luxury fashion brands.

5Yamatoyashiki Online Store
CategoryCross-border trading
Description

Cross-border e-commerce / retail platform operated by Yamatoyashiki Co., Ltd. supporting the group's trading business between Japan and China.

6Gift Solution Business
CategoryGift solution
Description

Group business segment providing gift products and gifting services to Japanese consumers and corporate clients via Shaddy and Laox gift brands.

7Retail Business
CategorySpecialty retail
Description

Group business segment operating physical retail stores and online channels for luxury watches, jewelry, cosmetics, consumer electronics, and lifestyle products under Laox, Barneys Japan, and Laox Global Retailing brands.

8Trading Business
CategoryCross-border trading
Description

Group business segment operating cross-border trading of merchandise, including watches, jewelry, and consumer electronics, primarily between Japan and China.

9Asset/Service Business
CategoryAsset / value-added services
Description

Group business segment offering asset-related and customer services supporting Laox's asset-value retail positioning, including services related to luxury watches, jewelry, and gold.

Scale indicator2 records

Each record includes

Type, Value, Description, Source

Partnership1 partner
Strategic tierCoreTypeStrategic or Co-development PartnerAnnounced on2026-02-01
Description

Capital partnership established in February 2026, when Laox acquired a 34% stake in Yoko Group, making it an equity-method affiliate of Laox Holdings. Yoko Group operates luxury watch resale business with expertise in watch valuation and sales. The collaboration leverages Yoko Group's valuation expertise and sales capabilities alongside Laox's inbound customer traffic to serve both local residents and international tourists seeking luxury watches as investment assets.

Recent move8 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight5 records

Each record includes

Type, Description

Peers10 records
TypeDirect peer
Description

Major Japanese electronics and luxury goods retailer with deep inbound tourist orientation, including duty-free operations and Ginza-area stores. Closely comparable to Laox's original duty-free electronics and luxury positioning.

TypeDirect peer
Description

Japan's largest specialty electronics retailer, with significant luxury watch and jewelry assortments and a flagship near Tokyo Station. Competes with Laox for inbound tourist spend on electronics and luxury adjacent categories.

TypeDirect peer
Description

Publicly listed UK-based specialty retailer of luxury watches (Rolex, Patek Philippe, Omega, Cartier). Comparable as a public, watch-focused luxury retailer pursuing flagship-driven, tourism-aware growth strategies.

4Wako
TypeDirect peer
Description

Iconic Ginza-based Japanese luxury department store operated by Seibu Holdings, selling watches, jewelry, and luxury goods to domestic and inbound customers. Competes head-to-head with Laox's new flagship in the same Ginza corridor.

TypeRegional player
Description

Asia-Pacific luxury watch specialist retailer listed in Singapore, operating multi-brand boutiques across the region. Comparable as a specialty luxury watch chain pursuing Asian consumer demand, though geographically focused outside Japan.

TypeEmerging player
Description

Global authenticated pre-owned luxury marketplace. Relevant to Laox's CHELSEA VINTAGE ROOM concept and Yoko Group partnership as a benchmark for the circular luxury model Laox is entering.

TypeBroad incumbent
Description

Japan's premier department store group with extensive luxury watch, jewelry, and fashion offerings across Shinjuku, Ginza, and other flagship locations. A larger, broader incumbent overlapping Laox's luxury retail customer.

TypeDirect peer
Description

Large Japanese electronics and home appliance retailer with growing luxury watch and inbound tourist offerings. Comparable to Laox as a multi-format Japanese specialty retailer serving both domestic and tourist customers.

TypeBroad incumbent
Description

Operator of Daimaru and Matsuzakaya luxury department stores in Japan, with significant luxury watch, jewelry, and fashion assortments. Broader incumbent competing for the same luxury consumer in major Japanese cities.

10Vendome Aoyama
TypeDirect peer
Description

Japanese luxury jewelry and watch retailer with flagship locations in Tokyo's upscale districts. Comparable to Laox's jewelry-and-watch retail concept, particularly for high-net-worth Japanese customers.

Market position
Strengths5 records

Each record includes

Headline, Details, Source

Weaknesses5 records

Each record includes

Headline, Details, Source

Competitive moat3 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Named customers2 records

Each record includes

Name, Industry, Type, Use case, Source, UUID

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
No
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles3 records

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries9 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds1 record

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors1 record

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Laox

Specialty Retail (Luxury Goods)laox.co.jp

Laox Holdings (TSE: 8202) is a Japanese retail holding company operating luxury watches, jewelry, gifts, vintage fashion, and Asia cross-border trading through Laox, Shaddy, Barneys Japan, and Laox-China, serving domestic consumers and inbound tourists.

What Laox does

Laox Holdings Co., Ltd. (TSE: 8202) is a Japanese publicly listed retail holding company founded in 1976 and headquartered in Minato-ku, Tokyo. It operates four reportable segments: a Gift Solution business (Shaddy, combining physical retail and an e-commerce gift mall); a Retail business spanning luxury watches, jewelry, gold, consumer electronics, cosmetics, and souvenirs through Laox physical stores and Barneys Japan; a Trading business focused on cross-border commerce with China via Laox-Trading and Laox-China; and an Asset/Service business covering logistics, real estate, and the Kakogawa Yamatoyashiki regional department store.

The company runs an omnichannel retail model combining a flagship physical store network — most prominently the new five-floor Laox Ginza Main Store (opened May 28, 2026) featuring approximately 1,000 luxury watch SKUs including about 100 Rolex models, plus Chow Tai Fook jewelry and gold ingots — with group-wide e-commerce storefronts (Shaddy Gift Mall, Barneys New York Online Store, Yamatoyashiki Online Store, The Ginza Select). Underlying technology is conventional retail and e-commerce rather than proprietary software, though the group has expanded into authenticated pre-owned luxury via the CHELSEA VINTAGE ROOM concept and luxury watch resale via a 34% equity-method stake in Yoko Group.

Laox generates revenue through transactional retail sales across B2C and B2B gift channels, domestic and inbound tourist retail, and trading activities, with pricing set at retail levels for luxury goods and by weight for precious metals (no public pricing disclosure). Its customer base spans domestic Japanese consumers and international tourists, with a recent strategic emphasis on asset-value-driven buyers and the circular luxury segment, supported by a holding-company structure that integrates retail, trading, logistics, and real estate subsidiaries.

Laox firmographics

Firmographics
Name
Laox
Legal name
ラオックスホールディングス株式会社 (Laox Holdings Co., Ltd.)
Website
https://laox.co.jp
Company type
Public
Founded year
1976
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Laox Holdings (TSE: 8202) is a Japanese retail holding company operating luxury watches, jewelry, gifts, vintage fashion, and Asia cross-border trading through Laox, Shaddy, Barneys Japan, and Laox-China, serving domestic consumers and inbound tourists.
Ownership category
akta.pro rank

Laox industry classification

Industry
Product category
Specialty Retail (Luxury Goods)
NAICS
Jewelry Retailers (45831)
SIC
Jewelry, Silverware & Plated Ware (3910)
akta.pro primary industry
Jewelry, Watches & Luxury Omnichannel (CRAFAEAH)
akta.pro secondary industry
Pre-owned Watch Dealers & Exchanges (CRAKAKAB)

Keywords

  • Luxury watch retail
  • Jewelry retail
  • Gift solution services
  • Specialty retail
  • Consumer electronics

Where Laox is headquartered

Location

Headquarters

HQ city
Shiba
HQ country
Japan
HQ region
Asia

Offices2 records

Markets served

Laox business model

Business model
GTM type
B2C
Offering type
Services
Cost components
Supply Chain, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

  1. Retail Sales: Revenue from physical retail stores and e-commerce platforms selling luxury watches, jewelry, gold, consumer electronics, cosmetics, and souvenirs to domestic and international customers. The flagship Ginza store features approximately 1,000 types of watches and luxury goods.
  2. Gift Solution Business: B2C and B2B gift retail operations through Shaddy brand, combining physical store sales with e-commerce gift mall platform.
  3. Trading Business: Trading operations focused on China market, facilitating cross-border commerce between Asia and Japan.
  4. Asset/Service Business: Real estate and logistics services supporting group operations.

Go-to-market motion2 records

Distribution channels2 records

Marketing channels2 records

Laox product offering

Product offering

Core offering

Laox is a Japanese retail holding company operating physical stores and e-commerce platforms that sell luxury watches, jewelry, gold, consumer electronics, cosmetics, and gifts through subsidiaries such as Shaddy, Barneys Japan, and Laox Global Retailing. The flagship Laox Ginza Main Store (Watch.GINZA) anchors a strategy focused on asset-value products targeted at both Japanese consumers and inbound tourists. The group also operates a China trading business and asset/service offerings.

Differentiator

Problem solved

Functional benefit

Brands

  • Watch.GINZA: Luxury watch retail concept at Laox Ginza flagship store featuring premium international and Japanese watch brands including ROLEX, PATEK PHILIPPE, Cartier, and Japanese makers
  • Shaddy (シャディ)
  • CHELSEA VINTAGE ROOM
  • The Ginza Select

Products and services

  • Laox Ginza Main Store (Laox Watch.GINZA) Flagship physical retail store in Ginza selling luxury timepieces, jewelry, gold, and other asset-value products to affluent Japanese consumers and inbound tourists.
  • CHELSEA VINTAGE ROOM Vintage luxury fashion concept/store operated by Barneys Japan offering authenticated pre-owned luxury fashion items.
  • Shaddy Gift Mall Online gift platform operated by group subsidiary Shaddy (Shaddy Co., Ltd.), offering curated gifts and gift-related products including Laox-branded gifts for nationwide delivery.
  • Barneys New York Online Store E-commerce platform operated by Barneys New York Co., Ltd., the group's luxury fashion subsidiary, offering domestic and international luxury fashion brands.
  • Yamatoyashiki Online Store Cross-border e-commerce / retail platform operated by Yamatoyashiki Co., Ltd. supporting the group's trading business between Japan and China.
  • Gift Solution Business Group business segment providing gift products and gifting services to Japanese consumers and corporate clients via Shaddy and Laox gift brands.
  • Retail Business Group business segment operating physical retail stores and online channels for luxury watches, jewelry, cosmetics, consumer electronics, and lifestyle products under Laox, Barneys Japan, and Laox Global Retailing brands.
  • Trading Business Group business segment operating cross-border trading of merchandise, including watches, jewelry, and consumer electronics, primarily between Japan and China.
  • Asset/Service Business Group business segment offering asset-related and customer services supporting Laox's asset-value retail positioning, including services related to luxury watches, jewelry, and gold.

Quantifiable outcome

  • 34% stake acquired in Yoko Group, making it an equity-method affiliate

Companies that use Laox

Customer profile

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Laox technology and API

Technology

Technology focussed No

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Laox partnerships and signals

Strategic signal

Partnerships

One partnership is on record.

  • Yoko GroupcoreStrategic or Co-development Partner · 1 February 2026Capital partnership established in February 2026, when Laox acquired a 34% stake in Yoko Group, making it an equity-method affiliate of Laox Holdings. Yoko Group operates luxury watch resale business with expertise in watch valuation and sales. The collaboration leverages Yoko Group's valuation expertise and sales capabilities alongside Laox's inbound customer traffic to serve both local residents and international tourists seeking luxury watches as investment assets.

Scale indicators2 records

Recent moves8 records

Expansion highlights5 records

Laox competitors and assessment

Company assessment

Direct peers

  • Bic Camera: Major Japanese electronics and luxury goods retailer with deep inbound tourist orientation, including duty-free operations and Ginza-area stores. Closely comparable to Laox's original duty-free electronics and luxury positioning.
  • Yodobashi Camera: Japan's largest specialty electronics retailer, with significant luxury watch and jewelry assortments and a flagship near Tokyo Station. Competes with Laox for inbound tourist spend on electronics and luxury adjacent categories.
  • Watches of Switzerland Group: Publicly listed UK-based specialty retailer of luxury watches (Rolex, Patek Philippe, Omega, Cartier). Comparable as a public, watch-focused luxury retailer pursuing flagship-driven, tourism-aware growth strategies.
  • Wako: Iconic Ginza-based Japanese luxury department store operated by Seibu Holdings, selling watches, jewelry, and luxury goods to domestic and inbound customers. Competes head-to-head with Laox's new flagship in the same Ginza corridor.
  • Yamada Denki: Large Japanese electronics and home appliance retailer with growing luxury watch and inbound tourist offerings. Comparable to Laox as a multi-format Japanese specialty retailer serving both domestic and tourist customers.
  • Vendome Aoyama: Japanese luxury jewelry and watch retailer with flagship locations in Tokyo's upscale districts. Comparable to Laox's jewelry-and-watch retail concept, particularly for high-net-worth Japanese customers.

Regional players

  • The Hour Glass: Asia-Pacific luxury watch specialist retailer listed in Singapore, operating multi-brand boutiques across the region. Comparable as a specialty luxury watch chain pursuing Asian consumer demand, though geographically focused outside Japan.

Emerging players

  • Vestiaire Collective: Global authenticated pre-owned luxury marketplace. Relevant to Laox's CHELSEA VINTAGE ROOM concept and Yoko Group partnership as a benchmark for the circular luxury model Laox is entering.

Broad incumbents

  • Isetan Mitsukoshi Holdings: Japan's premier department store group with extensive luxury watch, jewelry, and fashion offerings across Shinjuku, Ginza, and other flagship locations. A larger, broader incumbent overlapping Laox's luxury retail customer.
  • J. Front Retailing: Operator of Daimaru and Matsuzakaya luxury department stores in Japan, with significant luxury watch, jewelry, and fashion assortments. Broader incumbent competing for the same luxury consumer in major Japanese cities.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat3 records

Key risks6 records

Key highlights6 records

Customer concentration

Laox social profiles

Digital presence

Laox financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Laox leadership team

Management profile

Number of profiles

Profiles3 records

Laox subsidiaries and ownership

Company hierarchy

Subsidiaries9 records

Laox funding detail

Funding detail

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Laox M&A and investment

M&A and investment

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Laox

What does Laox do?

Laox is a Japanese retail holding company operating physical stores and e-commerce platforms that sell luxury watches, jewelry, gold, consumer electronics, cosmetics, and gifts through subsidiaries such as Shaddy, Barneys Japan, and Laox Global Retailing. The flagship Laox Ginza Main Store (Watch.GINZA) anchors a strategy focused on asset-value products targeted at both Japanese consumers and inbound tourists. The group also operates a China trading business and asset/service offerings.

Is Laox a public or private company?

Laox is a public company. It is classified as public and is currently operating.

When was Laox founded?

Laox was founded in 1976. It employs 1,001 to 5,000 people.

Where is Laox based?

Laox is headquartered in Shiba, Japan, in the Asia region.

How does Laox make money?

Four revenue lines are on record. Retail Sales are the primary driver. The others are gift Solution Business, trading Business and asset/Service Business.

Who are Laox's main competitors?

Direct peers on record are Bic Camera, Yodobashi Camera, Watches of Switzerland Group, Wako, Yamada Denki and Vendome Aoyama. The Hour Glass is listed as a regional player. Vestiaire Collective is listed as an emerging player. Broad incumbents are Isetan Mitsukoshi Holdings and J. Front Retailing.

Does Laox have an API?

No public API is recorded for Laox.

What industry is Laox in?

Laox's product category is Specialty Retail (Luxury Goods). Its primary akta.pro industry code is CRAFAEAH, Jewelry, Watches & Luxury Omnichannel, with a secondary code of CRAKAKAB, Pre-owned Watch Dealers & Exchanges. Its NAICS code is 45831 and its SIC code is 3910.

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Live signals
Third NewsExciting Launch of Rachelle The Rabbit Spirits in Japan at Singapore Fair 2026Transtrade Inc., a subsidiary of Laox Holdings, has been appointed as the official distributor for Singapore-based craft distillery Rachelle The Rabbit and will showcase its spirits at the Meidi-ya Singapore Fair 2026 in Japan from August 5-11, 2026. Four products will be available including Hom Mali Rice Whiskey, Kopi-O Liqueur, and two coconut soju varieties, with prices ranging from 1,200 to 7,680 JPY. Following the fair, Transtrade Inc. plans to expand distribution to department stores and restaurants across Japan to enhance the brand's market presence.Third NewsYoko Group Expands Luxury Watch Reuse Business with New Store in GinzaYoko Group officially opened its second luxury watch resale store in Tokyo's Ginza district on June 16, 2026, sharing a building with Laox's flagship store that opened on May 28, 2026. The store launch is the result of a capital partnership established in February 2026, when Laox acquired a 34% stake in Yoko Group, making it an equity-method affiliate of Laox Holdings. The collaboration leverages Yoko Group's valuation expertise and sales capabilities alongside Laox's inbound customer traffic to serve both local residents and international tourists seeking luxury watches as investment assets.Asia FinancialSingapore Fund Buys Stake in Laox Duty Free: Nikkei AsiaGreenwich Investment Holdings has acquired a 34.5% stake in Japanese duty-free operator Laox from a unit of China’s Suning Appliance, valuing the interest at 5 billion yen ($44 million). This transaction makes the Singapore-based fund the top shareholder in the company.PR NewswireSuning International Showcases New One-Stop Solution for Overseas Brands to Enter China at the China International Consumer Products ExpoSuning International, the international business arm of Suning Group, showcased a new "one-stop solution" program at the China International Consumer Products Expo in Haikou, Hainan Province, designed to help overseas brands enter the Chinese market through cross-border trade services. The company partnered with Japan's Laox, the Italian Trade Agency, SUP's, and EMATOU to provide services including customs clearance, logistics, bonded retail, and financial management for international brands. More than 300 brands or agents formalized partnerships with Suning International during the expo, with the company targeting over 1,000 new global brands for its program.PR NewswireSuning participará activamente en la Exposición Internacional de Importación de ChinaSuning Holdings Group, a major Chinese retail conglomerate, announced its active participation in the China International Import Expo (CIIE) in Shanghai from November 5, 2018. The company also announced its 'Global Procurement Plan 2018-2020' with a target to import goods worth 10 billion euros over two years and aims to bring at least 1,000 new products and services to the domestic market through the expo. Suning was officially designated by the Chinese government to assist in recruiting exhibitor companies, and its subsidiaries FC Internazionale Milano and LAOX will exhibit at the Service Trade Exhibition Area.ReutersLaox signs commitment line contract worth 11 bln yenLaox Co Ltd has signed a commitment line contract with Sumitomo Mitsui Banking Corp valued at 11 billion yen. The funds are designated for working capital purposes, with the commitment period extending to September 29, 2017.