Japan Latest News - Inside Retail Asia
Aeon Vietnam will invest US$280 million for its third property in the capital city, Hanoi.
Saha Group is opening a new wave of Lawson Thailand convenience stores in subway stations and airports.
Japanese tax-free store operator Laox plans to raise US$94 million to expand its activities in China and boost its e-commerce footprint.
Expansion into Asia has weighed on British luxury bag label Mulberry’s bottom line, but the company is confident the foray will bear fruit.
Global character brand Line Friends opened its second and largest official US store last Saturday. The new Los Angeles store on Hollywood Blvd, which offers interactive photo zones and signature character merchandise, attracted more than 18,000 visitors on opening weekend. It features a large-scale retail space with a wide array of photo zones and Instagram-ready displays.
Global personal luxury goods market growth has reached a “new normal” pattern, following back-to-back years of strong performance in 2017 and 2018
Hong Kong-listed beauty-products retailer L’Occitane is reaping the benefits of a restructure with profit up 21.8 per cent last financial year to €117.6 million.
Declines in e-commerce activity and the nation’s population have seen Japanese retailers and restaurant owners downscaling their operations.
Muji household goods store operator Ryohin Keikaku will drop prices on around 1100 products from late August.
Japanese-Italian cafe chain Pronto Caffe & Bar is opening in Singapore this week.
Ikea has developed a robotic furniture suite in collaboration with American start-up Ori that is set for roll-out first in Hong Kong.
The new Lush Tokyo store opened on Saturday is the brand’s largest yet in Asia, a three-storey, 1240sqm flagship at Shinjuku.