Tag Archives: Japan

Fashion retail Bench to open in Japan

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(Source: Inside Retail Philippines | 20 March 2017) Philippine fashion retailer Bench is opening its first international branch, in Okinawa, Japan. This follows its first Bench Fashion Week, marking the company’s 30th year in business. Owner Ben Chan says the Okinawa store will open this month, and follows Bench being part of Tokyo Fashion Week last year as the Philippines’ ...

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Ikea Japan launching online store

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(Source: Inside Retail Asia | 27 February 2017) Ikea Japan will make a full-fledged entry into internet sales, offering nearly all store items through a dedicated website to launch in late April. Plans call for selling 9000-odd products, excluding food and plants. They will initially be shipped from the nation’s nine Ikea stores. When coverage expands there will be direct ...

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Duotor Coffee arrives in Malaysia

Doutor-Coffee

(Source: Inside Retail Asia | 09 February 2017) Japan’s Doutor Coffee has opened three outlets in Malaysia – in Aeon Tebrau (Johor Baru), Sunway Velocity Mall in Kuala Lumpur and Aeon Bukit Tinggi. This follows other international expansion in Singapore, South Korea and Taiwan. Doutor Coffee was founded in 1980 by Toriba Hiromichi with a 9 sqm outlet in Tokyo’s ...

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Jollibee Japan opening confirmed

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(Source: Inside Retail Philippines | 8 November 2016) Following a signing ceremony in Japan last month, founder Tony Tan Caktiong of Filipino fast-food franchise Jollibeesays the group may open stores in Japan in 2018. Attending the Jollibee Japan ceremony were the leaders of Jollibee Foods and egg producer Ise Foods, as well as President Rodrigo Roa Duterte. Caktiong says he ...

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Japan manufacturing output up in January, retail sales fall

Tokyo

(Source: The Philippine Star | 1 March 2016) Japan’s industrial production rose in January from the month before, beating forecasts, while retail sales fell, suggesting the recovery of the world’s third-largest economy is still on the ropes. January’s increase in factory output was a turnaround from month-on-month declines in November and December. But production was down 3.8 percent from January ...

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Economy and yen defuse “explosive” Chinese shopping in Japan

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(Source: Retail in Asia | 24 February 2016) Chinese tourists spent less in Tokyo shops during the Lunar New Year holidays compared with a year earlier, retailers said, as a stronger yen and slower economic growth at home discouraged the kind of “explosive buying” that became a buzzword in 2015. Isetan Mitsukoshi Holdings said its stores served around 50 percent ...

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Japan Inc. sounds alarm on consumer spending

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(Source: Business World | October 11, 2015) TOKYO — Do not believe in official statistics, Japanese retailers seem to be saying, as they cut earnings forecasts and warn of lackluster consumer spending, a key growth engine for Japan at a time when exports and factory output are stalling. If you go by the larger-than-expected 2.9% gain in household spending in ...

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Hong Kong “best in the world”

Hong Kong city at night

(Source: Inside Retail Asia | July 13, 2015) Hong Kong has been ranked the easiest and best place in the world to open a retail business, its economic archrival Singapore ranking right behind. Retailers in Hong Kong benefit from first rate infrastructure, superior business conditions and a strong economic climate, according to the Arcadis Retail Operation Index released today. Singapore ...

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Uniqlo-owner Fast Retailing sees no impact from China turmoil

Uniqlo’s Fast Retailing plans to open 1,000 stores in China

(Source: Inside Retail Asia | July 13, 2015) Fast Retailing Co Ltd brushed off concerns about China’s economy triggered by recent stock market turmoil, saying it was pushing ahead with plans to open more stores in the biggest foreign market for its Uniqlo casual clothing chain. The Japanese company is expanding rapidly in China as it aims to become the ...

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Japan’s Aeon interested in buying Tesco’s Malaysia unit, say sources

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(Source: Retail in Asia | July 9, 2015 ) Japan’s Aeon Co Ltd is interested in buying the Malaysian operations of Britain’s Tesco PLC, valued at about GBP900 million (USD1.4 billion), people familiar with the matter told Reuters. Japan’s largest retailer has been venturing into Southeast Asia where purchasing power is rising in fast-growing economies. In contrast, growth has been ...

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