Fast Retailing (Uniqlo) acquires a minority stake in French brand Lemaire

Uniqlo and French label Lemaire have grown even closer. The Japanese conglomerate Fast Retailing, which owns Uniqlo, has announced the acquisition of a minority stake in Lemaire. The news comes after the launch of two collaborative collections, in 2015 and 2016, and the appointment of Christophe Lemaire, one of the label’s co-founders, to the role of Artistic Director of Uniqlo’s Research & Development Center in Paris, in 2016. The brands did not disclose more details about the acquisition.