- Business
- JADE GROUP, Inc. (3558.T) operates as a Japan-based electronic commerce company primarily engaged in the sale, planning, and procurement of fashion products, with a focus on shoes, bags, apparel, and accessories; it manages multiple EC malls including LOCONDO.jp, which features free returns and try-at-home services, FASHION WALKER, BRANDELI, SPORTSWEBSHOPPERS, and waja, alongside presences on Rakuten Ichiba and Yahoo! Shopping. The company provides platform services such as LoCORE for core systems and inventory centralization, e-3PL for logistics and warehousing, BOEM for brand official EC management, LOCOCHOC for in-store operations, and LOCOPOS for sales and inventory management; its brand business encompasses operations for Reebok Japan including official online stores, directly managed stores, and wholesale distribution, as well as MANGO fast fashion and subsidiaries like Magaseek Corp for comprehensive fashion EC with over 2,400 brands, RBKJ Corp, FASCINATE Co, and a 35% stake in TCB Jeans & Co for domestic and cross-border apparel sales, store operations, and artisanal manufacturing. Founded in 2010 and headquartered in Shibuya-ku, Tokyo, JADE GROUP, Inc., formerly known as LOCONDO, Inc., serves urban women aged 30-40 as a core demographic through its ecosystem integrating EC, platform, and brand segments with in-house IT development and logistics at LOCOPORT warehouses in Chiba Prefecture; it primarily targets the Japanese market with omnichannel support for brands across EC, stores, and wholesale. Recent developments include the March 2024 acquisitions of Magaseek Corp, BRANDELI, FASCINATE Co, and RBKJ Corp, alongside a January 2024 investment in TCB Jeans & Co, an alliance with NTT Docomo and Itochu, and ongoing expansion via M&A to enhance its total fashion platform and DX capabilities.