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Japanese lifestyle retail company SAZABY LEAGUE receives investment from Singapore’s GIC

The Japanese lifestyle retailer SAZABY LEAGUE, Ltd. now has a minority equity partner in GIC, an institutional investor with headquarters in Singapore.

SAZABY LEAGUE has partnered with GIC to speed up its business expansion, according to a statement released by GIC on Wednesday.

Through this collaboration, SAZABY LEAGUE will develop new services and expand into international markets more quickly, both of which will increase corporate value.

Given that GIC and SAZABY LEAGUE have similar core values, SAZABY LEAGUE expressed confidence in their ability to jointly map out their medium- to long-term growth strategy.

Additionally, both organizations value each other’s distinctive traits that have made them leaders in their respective domains.

“Founded in 1972, SAZABY LEAGUE has cherished the spirit of ‘It’s a beautiful day.’ and has delivered ‘lifestyles half a step ahead’ for over 50 years,

“As people’s lifestyles and values become increasingly diverse, a fresh perspective is essential for advancing to the next stage of growth,” said Ryota Tsunoda, President and Representative Director of SAZABY LEAGUE, Ltd.

“We believe that this partnership with GIC, which has an outstanding global track record, represents a crucial step in accelerating our challenge into new domains,

“We are delighted to be able to forge the future together with GIC,” he added.

GIC is a multinational institutional investor with a wide international network and a long-term investment strategy.

The company has been investing in Japan for more than 40 years and has a track record of successful global investments.

“We are pleased to partner with SAZABY LEAGUE, a leading Japanese retailer with a strong portfolio of premium brands across fashion, lifestyle, and food and beverage (F&B),

“We believe the company is well positioned to benefit from resilient demand in the affordable-luxury segment, driven by consumers’ growing preference for high-quality products. We look forward to supporting the company’s long-term growth while preserving its heritage,” said Choo Yong Cheen, Chief Investment Officer for Private Equity, GIC.

According to Tan Hwee Loo, Head of Private Equity, Asia, GIC, SAZABY LEAGUE has established a remarkable reputation for developing and fostering brands that have a strong emotional connection with Japanese consumers.

“Its proven ability to incubate and scale brands with strong brand equity positions it as a trusted partner for global entrants seeking to enter and expand in Japan, as well as for domestic brands that are looking to grow,” she added.

 

 

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