Reported sales from Japanese department stores suggest a significant improvement in spending in April. Japan retail sales, based on department stores data, lept 13.7 per cent on a same store basis compared with the same month in 2014. The Japan Department…
Global smartphone sales rose by eight per cent in value terms in the first quarter of this year. Sales of larger screen devices (5″ and higher) continued to drive year-on-year growth according to data from GfK. But while handset demand increased seven per…
Maisen Tonkatsu, described as Japan’s “greatest tonkatsu restaurant”, is to open a sequence of eating places within the Philippines. The primary restaurant, described as a flagship, will open at SM Megamall by the third quarter of 2015. Maisen Tonkatsu, based…
Japanese quick style model Uniqlo and France’s Lemaire have introduced a worldwide collaboration. The 2 manufacturers will launch an unique vary branded ‘Uniqlo and Lemaire’, a model identify the 2 corporations say displays Uniqlo and Lemaire’s “real…
A Japanese entrepreneur is elevating money to open the primary Asahi Tremendous Dry Additional Chilly Bar in Singapore by the yr’s finish. Seiki Takahashi, who has beforehand opened and managed greater than 50 eating places globally, is looking for to boost…
Cosme.com has launched an English language model of its web site, increasing the most important cosmetics and wonder portal in Japan to a broad overseas market. @cosme, a subsidiary of istyle Inc, has developed right into a full-scale cosmetics portal…
Philippine liquor firm Emperador said on Monday it has submitted a bid to buy French cognac maker Louis Royer from Japan’s Suntory Holdings, and could go to the debt market to fund the deal. The acquisition is unlikely to cost Emperador more than last year’s…
The nation’s convenience stores are changing with the times, shedding their image as places for young shoppers keen on fast food, concert tickets and comic books, and increasingly catering to older clientele. As the population grays and people live longer,…
ZTE Corp goals to increase gross sales in markets within the Asia-Pacific, particularly in Japan, to satisfy its international goal of promoting 60 million smartphones in 2015, China’s largest listed telecommunications gear maker stated yesterday. The…
Five companies from three nations are banding together to sell imported popular household products like diapers and milk powder in China. The partners are Itochu, Japan’s third-largest trading house; Charoen Pokphand Group, Thailand’s biggest conglomerate;…
McDonald’s Japan had already warned investors it would be a nightmare year. Earlier this month it announced the closure of 131 stores, a menu revamp and refurbishment of 500 stores in a bid to stem a projected US$319 million loss. This week, McDonald’s…
Japan retail sales plunged nearly 10 per cent in March compared with a year ago. The sales slump – 9.7 per cent – was worse than expected, but despite the shock, analysts urged caution in the interpretation of the data. In March 2014, sales were artificially…
Established supermarket chains across Japan are feeling the pinch as consumers opt instead for smaller shops at more conveniently located Japan convenience stores. A feature in The Japan News, an English language version of The Yomiuri Shimbun, says business…
ValueCommerce Co., Ltd. and MasterCard have agreed to launch a marketing service that will enable advertisers in Japan to provide reward points and other preferential services when consumers visiting Japan shop at their physical stores beginning from June.…
Japanese eCommerce titan Rakuten has taken a stake in Chinese online shopping discounts site Fanli. The stake, less than 10 per cent, comes in the form of an undisclosed amount of series C funding into the start-up. The announcement states that Fanli is now…
McDonald’s Japan will axe 131 stores, revamp its menu and refurbish 500 stores this year as it tries to reduce a projected US$319 million loss. Listed McDonald’s Holdings Company (Japan) said it expects sales to fall by 14 per cent this calendar (and…
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