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Sumitomo, Coach to form joint venture in Japan.

Publication: Japan Weekly Monitor
Publication Date: 18-JUN-01
Format: Online
Delivery: Immediate Online Access

Article Excerpt
TOKYO, June 12 Kyodo

Sumitomo Corp. said Tuesday it will set up a joint venture company with U.S. bag maker Coach Inc. in August to operate Coach shops in Japan.

Coach Japan Inc. will be capitalized at 2.5 billion yen, which will be split equally between Sumitomo and Coach,...

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