Reporting and analysis on retail, e-commerce, and consumer trends in Japan, updated continuously by our newsroom.
Japanese sporting goods maker Asics closed down its New York flagship store in December amid the prolonged impact of the COVID-19 pandemic, the company announced on Monday. The store opened in December 2017 on Fifth Avenue, selling running shoes and…
Twenty-two more Japanese firms have registered Vietnam as their next investment destination under a scheme in which the Japanese government will fund a production shift from China. With the latest additions, 37 out of 81 Japanese firms receiving the…
Japan Airlines (JAL) today announced that the carrier will provide a new service called JAL Covid-19 Cover, as part of its JAL FlySafe program to provide reassurance and support to passengers with essential travel needs during the global pandemic. The new…
American luxury fashion brand Cole Haan has launched its concept store in Tokyo at Grandshop – Cat Street, Harajuku. The flagship houses a selection of footwear and lifestyle products, including the exclusive GrandPro Rally Court Sneakers range in…
Japan may ban sales of new petrol-engine cars by the mid-2030s in favour of hybrid or electric vehicles, public broadcaster NHK reported on Thursday, aligning it with other countries and regions that are imposing curbs on fossil fuel vehicles. The move would…
As a new wave of coronavirus infections sweeps Tokyo, a pop-up store near Japan’s capital is luring Christmas shoppers with 250 types of face mask, including festive versions with decorative lights. Tokyo Mask Land, which opened Tuesday for a month in an…
Sushiro Global Holdings, the Japan-based operator of sushi chain Sushiro, plans to boost its Asian presence with the opening of new restaurant units in Thailand and China. The company will be renamed to Food & Life in April 2020. It will launch its first…
A video ad from Nike Japan against bullying and racism that features biracial athletes and other minorities, such as those of Korean descent, has prompted a sharp online response including calls to boycott the company. Japan has traditionally prided itself on…
Capitaland has divested three malls in Japan and an office building in South Korea for a total of S$448.7 million, as part of its ongoing portfolio reconstitution strategy, it said Tuesday morning in an exchange filing. It also announced that it has made its…
AirAsia Japan Co has filed for bankruptcy with the Tokyo District Court after flagging last month it would cease operations in the country, as the coronavirus pandemic that’s wiped out travel globally took its toll. Flights between Japan and destinations such…
Japanese tyremaker Bridgestone has decided to “close the door” on its Bethune plant in northern France, Junior Economy Minister Agnes said on Thursday. Bridgestone said in September it wanted to close the factory in the face of low demand for its main…
Japanese supermarket Meidi-ya will be opening its second outlet at Millenia Walk on November 25, 2020, with a grand opening on November 28, 2020. The two-story flagship outlet spans 24,000 square feet. The first floor will comprise a bakery and food hall. The…
Suzuki Motor Corp on Thursday forecast operating profit to fall by a quarter to 160 billion yen ($1.5 billion) in the year to March as sales, including in its key Indian market, shrink amid the coronavirus pandemic. That prediction was more than an average…
Japanese eyewear brand OWNDAYS, one of the largest players in the fashion eyewear space, is now expanding its India footprint. The company announced the launch of a new store at Inorbit mall, Mumbai, others being in Kolkata, Chennai, Hyderabad, Bengaluru, and…
Japanese department-store chain Tokyu is to exit Thailand, the third Japanese retailer to withdraw from the country this year. Tokyu aims to close its last store at Bangkok’s MBK shopping center next January, ending 35 years of trading in the city. The…
DBS’ plans for a digital exchange are still work in process, and have not received regulatory approvals. Until such time as approvals are in place, no further announcements will be made. DBS is planning to launch a crypto exchange that will allow four digital…
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