SoftBank Corp. founder Masayoshi Son will surpass Uniqlo’s Tadashi Yanai as Japan’s richest man within a year, transforming a wealth shortfall of about $2.4 billion into a $3.4 billion lead, share-price forecasts indicate.
J. Crew Group Inc., the retailer owned by TPG Capital and Leonard Green & Partners LP, is in talks about a potential sale to Uniqlo owner Fast Retailing Co., two people with knowledge of the matter said.
Fast Retailing Co.’s Tadashi Yanai, who built his father’s tailor shop into Asia’s biggest clothing retailer and in the process became Japan’s richest man, is stepping up his push into the U.S. market.
J. Crew Group Inc., the retailer owned by TPG Capital and Leonard Green & Partners LP, is interviewing banks as it weighs an initial public offering in the U.S. later this year, people familiar with the matter said.