Tag Archives: Japan

Tourist spending rises at Japanese department stores

06-26 Tourist spending rises at Japanese department stores

(Source: Inside Retail Asia | June 22, 2017) Tourist spending at Japanese department stores jumped 42.8 percent last month from a year earlier to ¥19.3 billion (US$173.8 million), led by a demand for cosmetics, according to an industry group. Per-head sales to foreign tourists are also rising, partly because of individual store advertising efforts, says the Japan Department Stores Association. ...

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Aeon Fantasy seeks to double locations

Source: Aeonfantasy.com.ph

(Source: Inside Retail Asia | June 12, 2017) Indoor theme parks are a new focus for Japanese retailer Aeon through subsidiary Aeon Fantasy as it targets growth in Asia’s entertainment sector amid stiffer retail competition. Over the next three years it seeks to double the number of locations to 660. The mall operator and department store retailer also hopes to ...

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Philippines’ Federal Land partnering with Japanese for complex

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(Source: Inside Retail Philippines | 10 May 2017) The Philippines’ Federal Land, the real-estate arm of GT Capital Holdings, has signed a contract with Japan’s Nomura Real Estate Group and Isetan Mitsukoshi Holdings to develop a retail mall and apartment complex in Taguig. Details of the development provide further elaboration of Mitsukoshi’s plan for the Philippines, revealed by Inside Retail ...

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Moncler Asia revenues rise

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(Source: Inside Retail Asia | 5 May 2017) Moncler Asia revenues rose 12 per cent in Asia in the latest quarter. The Italian-headquartered fashion retailer says sales in both its own stores and wholesale channels recorded “very good performances” in Japan, especially, where it says Moncler enjoys a “particularly strong brand perception”. Moncler continued its solid growth in Mainland China, ...

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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

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(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

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(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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