Reporting and analysis on retail, e-commerce, and consumer trends in Japan, updated continuously by our newsroom.
Fast Retailing raised its full-year earnings forecasts after sales at its Uniqlo casual-wear stores in China and South Korea grew more strongly than expected during the first half of the financial year, showing its overseas expansion is bearing fruit.…
An inaugural 9.9 Alibaba Global Wine & Spirits Festival will be held next week through Tmall.com. Alibaba Group will bring 100,000 international wines, cognacs, whiskeys and other beverages from 50 countries to Chinese consumers through Tmall.com. Brands such…
China’s fast-fashion designer brand Miniso has signed a comprehensive strategic co-operation agreement to enter the US. A signing ceremony in Guangzhou was attended by Miniso global co-founder Ye Guofu and Asia Pacific VP Li Minxin as well as a representative…
CapitaLand Mall Asia Ltd, CapitaLand’s wholly owned shopping mall business, has signed its first third-party management contract to manage the retail component of a mall in China. The contract with Changsha Pilot Investment Holdings Group Co is for Fortune…
Australia’s Mexican food chain Guzman y Gomez (GYG) has done so well in Japan and Singapore it is planning to open more outlets in both countries this year. It opened its first taqueria in Singapore in 2014, since adding three more, plus a second in Tokyo. It…
The Isetan Mitsukoshi Group will open a new specialty store, Isetan The Japan Store Kuala Lumpur in Malaysia at the end of October. “As global interest in Japan continues to grow, we are pleased to introduce Japanese history, culture, technology, diversity…
Japanese auto major Toyota plans to introduce its new global architecture and latest safety technologies in future vehicles as it seeks to play a major role in bringing down fatalities in road accidents. The company, which has introduced its Toyota New Global…
Apple is reportedly planning to launch an iPhone in Japan that supports FeliCa, the contactless mobile payment standard widely used in the market. Sources told that a future iPhone designed for the market will include a FeliCa chip to support payments using…
Asia has led a decline in global sales for US jeweller Tiffany & Co in both the first half year and the second quarter periods to July 31. Same-store Tiffany sales plunged 13 per cent in the six months in Asia-Pacific – excluding Japan where they rose 10 per…
Pizza Hut Japan has teamed with Rizap, a Japanese company promoting nutrition and exercise, to create a ‘diet pizza’. The two companies aim to make the fast-food favourite more healthy, and have released three sugar-reduced varieties with Pizza Hut Japan. Six…
The Italian-headquartered, Hong Kong-listed luxury brand says its Asia Pacific sales slumped 18 per cent on a constant currency basis in the first half of this year. “The negative economic backdrop continued to impact performance in both Hong Kong and Macau,…
Uber Japan is about to launch UberEats, with advertisements for bicycle and motorcycle delivery positions appearing on its Japan Facebook page last week, as well as a related video. An UberEats Japan website is already up, but only with a link for Tokyo…
A Japanese department store operator has set its eyes on the Philippines to build commercial-residential facilities by 2022. Isetan Philippines will work with Nomura Real Estate Holdings to build properties in Manila. The project is projected to reach…
Japanese automobile manufacturer Nissan Motor Company has started production of the all-new Infiniti Q60 sports coupe at the company’s manufacturing facility in Tochigi, Japan. The Tochigi plant has been producing Infiniti vehicles since the brand was…
A Worldpay global survey of 20,000 consumers has discovered that buying power in the internet age is concentrated within a group of high-spending, high-frequency “super-shoppers”. While these shoppers make up just 5 per cent of the population in China, they…
Japanese electronics retailer Yamada Denki saw its operating profit surged to 2.5 times the year-earlier level in its latest quarter. The company says this reflects a strategic pivot to highly profitable white goods from digital electronics, which are…
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