Japanese electronics retailer Laox is to shut half of its stores in Japan as its customer base dried up due to Covid-19 social-distancing. Laox is managed by Chinese electronics giant Suning and the duty-free stores had been a popular location for Chinese…
Japanese tax-free store operator Laox plans to raise US$94 million to expand its activities in China and boost its e-commerce footprint. The company will issue shares to Granda Galaxy (a wholly-owned subsidiary of Suning Appliance Group), and Global Worker (a…
Tokyo-based duty-free operator Laox is allowing Chinese tourists to Japan to do their tax-free shopping online in advance of their visit. The duty-free goods will be listed on an Alibaba-hosted website, allowing consumers to purchase their goods online and…
Japanese duty-free retailer Laox has opened its eighth store in Dragon Gate Building, Osaka. Called “Laox Osaka Dotonbori Ebisubashi Store”, the exterior of the first floor and second floor is covered with glass, making this a street-level store with a…