Reporting and analysis on retail, e-commerce, and consumer trends in Japan, updated continuously by our newsroom.
Shares in Asian suppliers and assemblers for Apple fell on Tuesday after several component makers warned of weaker than expected results, leading some market watchers to call the peak for iPhones in several key markets. Following a poor forecast earlier this…
Shiseido plans on establishing a joint venture, Shiseido Philippines Corporation, to strengthen its cosmetics business in the Philippines. Shiseido Asia Pacific Pte. Ltd. signed a contract for the joint venture with a Singapore based distributor, Luxasia…
LVMH-back private equity fund L Catterton Asia has partnered with Mitsui & Co to take an unspecified stake in fast-growing Japanese eyewear retailer Owndays. The funds will be used to accelerate the retailer’s across the Asia-Pacific region. Owndays, which…
JD.com, China’s largest retailer, will purchase nearly RMB 100 billion worth of products from overseas brands. As disposable incomes in China rise, consumers increasingly demand high-quality products, especially imported products. E-commerce has rapidly…
Japanese automaker Mitsubishi Motors plans to expand its Vietnam operations by moving to full-scale production of parts within the country. The company’s CEO Osamu Masuko said at the global launching ceremony of the Mitsubishi Triton pickup truck in Bangkok…
Japanese eyewear brand Jins has opened a striking new store in the Shanghai World Financial Center. The Jins store was designed by Tokyo-based architect Junya Ishigami without any external entrance and features concrete counters that appear to float in the…
Japanese global apparel retailer Uniqlo has announced a new partnership with professional snowboarder Ayumu Hirano as its newest Global Brand Ambassador. Hirano was a two-time gold medalist in the men’s superpipe competition at the Winter X Games and winner…
Japanese luxury label Issey Miyake has appointed a new company president, following the internal promotion of Takahiko Ise to the top spot. Previously the fashion brand’s head of production, Ise replaces former president Masakatsu Nagatani, who will remain in…
Japanese skincare brand Cosmoai has opened its Tokyo flagship store at Imperial Hotel Tokyo. The new store covers an area of 59sqm and showcases the company’s signature products to business and mid- and upper-class customers. It is the second Cosmoai store in…
Japanese retail sales continued to grow in September with the archipelago nation recording its 11th consecutive month of revenue growth in retail. For the four weeks to September 30, retail sales increased 2.1% on the same period last year, according to data…
FAW Toyota, a joint venture between Toyota Motor Company and First Automobile Works, has launched a flagship store on JD.com, China’s largest retailer, allowing customers in China to purchase and schedule maintenance services online and then bring their…
South Korean e-commerce platform Cafe24 has launched in Japan. The new Japanese service offers local businesses solutions to use online stores, payment gateways, logistics networks and marketing tools to reach global customers. Japanese businesses are able to…
Japanese online retail company Rakuten is partnering with Walmart-owned supermarket Seiyu to launch an online grocery service. Spokespeople from the companies say about 20,000 products will be available on the site, drawn from the Seiyu range, including fresh…
Nissan Korea Thursday introduced an updated version of its Leaf electric vehicle (EV) at the Daegu International Future Auto Expo, hoping to grow its share of the domestic EV market. The vehicle was released in Japan in September. Nissan’s local unit started…
Swiss watchmaker Tudor Watch has launched in Japan with a mix of permanent outlets and pop-up stores. The brand started trading on Wednesday in Tokyo and Osaka, and is poised to set up distribution in Nagoya and Sapporo via big-name local retail partners. It…
Japanese outdoor apparel retailer Goldwin is set to open its first independent flagship store in Tokyo. The Marunouchi business district launch, scheduled for November 8, will introduce the brand’s new selection of high-performance sportswear, lifestyle and…
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