
Japanese Retailers Lock in FX Contracts as Weak Yen Hits Profits
Takara MC and furniture giant Nitori face mounting import costs with the currency lingering near 159 per dollar after a 30 per cent drop over five years.
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Takara MC and furniture giant Nitori face mounting import costs with the currency lingering near 159 per dollar after a 30 per cent drop over five years.

Ikea Japan will make a full-fledged entry into internet sales, offering nearly all store items through a dedicated website to launch in late April. Plans call for selling 9000-odd products, excluding food and plants. They will initially be shipped from the…

Japanese furniture and home-accessory retailer Nitori Holdings is ramping up its presence in China to kick-start its global expansion. It plans to open add more than eight outlets in 2018 to its present 10. Nitori aims to have 2000 stores overseas as well as…
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