Daimaru Archives - Inside Retail Asia
Japanese department store sales plunged 60 per cent last month as the Covid-19 crisis saw retailers close or operate under reduced hours across the country. Sales in the Matsuzakaya and Daimaru department stores were down 73.2 per cent year on year, although that was an improvement on the 79.1-per-cent decline a month earlier. Rival operator Takashimaya says its sales were down…
An unprecedented 10-day holiday period in Japan, extended to celebrate the enthronement of Crown Prince Naruhito, saw unexpectedly low sales increases for Japanese businesses.
The World Department Store Forum 2019 (WDSF) will be held in Tokyo next year, on June 6-7.
Morozoff has made a comeback in Singapore with a stand-alone boutique at Plaza Singapura.
Hublot Japan has opened a shop in Kyoto’s Gion district, its third directly run outlet.
Ginza Six, one of the largest commercial complexes in Tokyo’s Ginza district, will open tomorrow.
American fashion retailer Fred Segal has opened its third store in Kobe, expanding its footprint in Japan.
After targeting Chinese visitors during the Lunar New Year holidays, Japanese department stores have now set their sights on Thai tourists.
Christian Louboutin’s latest spring/summer bag collection is being showcased in a pop-up boutique in Tokyo’s Isetan department store.
Darrell Wisbey explains how the “need for speed” in retail can kill business longevity…