Tokyo – Orrick, Herrington & Sutcliffe LLP (Orrick) has advised Sanei International Co., Ltd. (Sanei), a leading Japan-based clothing and accessories retailer, on a joint venture business with Kate Spade LLC. Sanei and Kate Spade LLC to jointly establish Kate Spade Japan Co., Ltd..
Celebrating its 60th anniversary, Sanei remains at the forefront of the apparel industry, having developed numerous original brands in Japan. The company has also been licensed to exclusively import and sell major international fashion brands in Japan and throughout Asia.
A team of Japan- and U.S.-qualified M&A lawyers from Orrick’s Tokyo and New York offices, led by partners Mark Weeks, Shintaro Kuroda and Quinn Moss, advised Sanei International on this transaction.
Mark Weeks, managing partner of Orrick’s Tokyo office, commented “We are pleased to have successfully advised Sanei in furthering its collaboration with Kate Spade in Japan. This is an exciting and high-profile market development for our client. Orrick has a very strong Tokyo-based Japan-U.S. M&A team with more than 20 years experience handling complex domestic and cross-border transactions for Japanese and global clients like Sanei.”
With U.S., Japanese and Russian law capabilities, Orrick’s Tokyo team has advised on many of Japan’s most complex and pioneering domestic and cross-border transactions. Established in 1997, Orrick’s Tokyo office provides clients with full legal services in multiple languages and jurisdictions. As a result, Orrick is a preferred advisor to Japanese and international companies with inbound and outbound business activities that require sophisticated cross-border legal solutions.