Japanese Fashion Magnate Maezawa to Visit International Space Station

FILE PHOTO: Japanese billionaire Yusaku Maezawa poses with a space suit helmet during an interview with Reuters in Tokyo, Japan, March 3, 2021.REUTERS/Kim Kyung-Hoon
FILE PHOTO: Japanese billionaire Yusaku Maezawa poses with a space suit helmet during an interview with Reuters in Tokyo, Japan, March 3, 2021.REUTERS/Kim Kyung-Hoon
TT

Japanese Fashion Magnate Maezawa to Visit International Space Station

FILE PHOTO: Japanese billionaire Yusaku Maezawa poses with a space suit helmet during an interview with Reuters in Tokyo, Japan, March 3, 2021.REUTERS/Kim Kyung-Hoon
FILE PHOTO: Japanese billionaire Yusaku Maezawa poses with a space suit helmet during an interview with Reuters in Tokyo, Japan, March 3, 2021.REUTERS/Kim Kyung-Hoon

Japanese fashion magnate Yusaku Maezawa, already planning a trip around the moon, will first make a visit to the International Space Station this year, TV Tokyo reported on Thursday.

Maezawa will beginning training in Russia next month for a 12 day trip to the ISS in December travelling on a Soyuz rocket, TV Tokyo reported in a story posted to the billionaire’s Twitter account.

The entrepreneur is due to be the first private passenger on a voyage round the moon with Elon Musk’s SpaceX slated for 2023, according to Reuters.



Inditex Temporarily Closes Franchise-operated Stores in Algeria

NEW YORK - NOVEMBER 29: People wait for Zara to open its doors for its Black Friday sale on November 29, 2024 in New York City. David Dee Delgado/Getty Images/AFP
NEW YORK - NOVEMBER 29: People wait for Zara to open its doors for its Black Friday sale on November 29, 2024 in New York City. David Dee Delgado/Getty Images/AFP
TT

Inditex Temporarily Closes Franchise-operated Stores in Algeria

NEW YORK - NOVEMBER 29: People wait for Zara to open its doors for its Black Friday sale on November 29, 2024 in New York City. David Dee Delgado/Getty Images/AFP
NEW YORK - NOVEMBER 29: People wait for Zara to open its doors for its Black Friday sale on November 29, 2024 in New York City. David Dee Delgado/Getty Images/AFP

Spain's Inditex has temporarily closed its franchise-operated stores in Algeria though it is not considering ceasing operations in the country, a company source told Reuters on Thursday.

The company behind Zara and other brands, which according to its latest annual report has 20 stores in Algeria, has at other times temporarily closed shops in countries such as Ukraine and Israel.

Inditex said the closures in Algeria are in response to operational problems that have made it difficult to renew stock in stores, without indicating how many are closed and when they would reopen.
Spanish online news website El Confidencial, which first published the information about store closures in Algeria, mentioned videos circulating on social networks showing stores with a sign that read: "Temporary closure."

The world's biggest listed fast-fashion company earlier this year reopened Zara stores in Ukraine and relaunched online sales, as well as resuming operations in Venezuela under a franchise agreement.
The United Arab Emirates-based Daher Group, the Inditex partner that operates the company's brands in Algeria and other countries in Africa and the Middle East, did not immediately respond to a request for comment.