Yusaku Maezawa Aquires Stake in United Arrows and Adastria

Moon-bound Zozotown founder Yusaku Maezawa has just invested ¥3.5 billion JPY (approximately $32.8 million USD) and ¥4.1 billion JPY (approximately $38.5 million USD) into Japanese apparel companies United Arrows and Adastria, respectively. The colorful billionaire's (worth $2.2 billion USD) investment amounts to an eight percent stake in United Arrows (7606.T) and a six percent stake in Adastria (2685.T). With those unfamiliar with the Adastria name, the company operates stores in Hong Kong, ...