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Takashimaya

Every story tagged Takashimaya on RetailNews Asia: reporting, analysis and market signals from across Asian retail and e-commerce.

Stories tagged Takashimaya

39 stories in this topic

Mujosh opening Takashimaya Vietnam
Sarah ChenGeneral

Takashimaya plunges into the red as Covid-19 eats into sales

Takashimaya, the Japanese department store operator, has reported a loss of US$190 million in the May quarter as it faced extraordinary payments related to the Covid-19 pandemic and falling sales. The company was forced to effectively close 22 stores in Japan…

takashimaya
Sarah ChenFinance

Takashimaya about to offer financial services in Japan

Takashimaya is to sell financial products and services in partnership with an online securities company, SBI Securities. According to Nikkei Asian Review, the department store is targeting its wealthy but aging shoppers. Takashimaya plans to sell a wide range…

takashimaya
Aiko TanakaGeneral

Takashimaya bullish about profit opportunities in Asia

Japanese department-store operator Takashimaya is banking on its Vietnam and Thailand flagships to drive growth this year as it seeks to achieve profitability in its Southeast Asian business. To date, Singapore has been the sole profitable store outside…

takashimaya
Maria SantosReal Estate

Change of heart for Chinese Takashimaya

Takashimaya in China has reversed its decision to shut down its Shanghai store after negotiating a rent reduction. “Due to support from the landlord and Shanghai Changning District, we can expect improvement in profitability of the business,” read a statement…

1 burberry festive campaign
Aiko TanakaFashion

Burberry Bespoke launches first counter at Takashimaya

Burberry Bespoke has launched its first standalone counter at Takashimaya. Located on Level 1 of the shopping mall, the counter is designed in the style of ‘an English bar set in a gentleman’s club’, with green-colored marble top and brass fixtures. There is…

takashimaya
Wei ZhangGeneral

Takashimaya Closing Shanghai store

Japanese department-store operator Takashimaya is to close its Shanghai department store after years of losses, and exit China. The company said it would recommend to shareholders at a special meeting on August 25 that its Shanghai Takashimaya Co subsidiary…

01 Crystal Jade Korean Ginseng Chicken BBQ seats 80 diners at new location next to the atrium area of Takashimaya
Maria SantosGeneral

Takashimaya After Opportunities in South East Asia

Three Southeast Asian countries are on Japanese department store operator’s radar. Takashimaya says it is evaluating opportunities to open department stores in the Philippines, Malaysia and Indonesia. However, in an interview, Takashimaya’s president Yoshio…

takashimaya
Rajiv MenonFashion

Takashimaya opens in Bangkok megamall

Japanese department store operator Takashimaya has opened inside a brand new shopping mall in Thailand, opting for the capital city of Bangkok to bring the Japanese way of luxury retailing to the nation. Scaling seven floors, the newly named and opened Siam…

iconsiam
Aiko TanakaReal Estate

Bangkok’s IconSiam launches tonight

Six years in design and construction, Bangkok’s US$1.6 billion IconSiam development will finally be officially launched tonight before opening its doors to the public tomorrow morning. With 500 stores, more than 100 restaurants and 14 cinema screens, a luxury…

korea
Maria SantosFashion

Spotlight on ASEAN for Korean retail, beauty and entertainment biz

With Southeast Asia becoming the center stage for South Korean businesses in expanding their global presence, retail conglomerates like Lotte, Shinsegae and CJ have been successfully tapping into the markets. Lotte Group has focused its investments on its…

Icon Siam Shopping Mall 2
Sarah ChenGeneral

IconSiam Bangkok due to open November 9

Bangkok’s massive IconSiam development will open on November 9, its developers have confirmed. The US$1.67 billion complex being constructed on a 400-metre-long stretch of the Chao Phraya River will feature 14 flagship stores of internationally renowned…

luxury fashion
Minjun ParkFashion

Takashimaya Bangkok is opening soon

The long-awaited Takashimaya Bangkok department store will open in November. The Japanese retailer’s seven-story shop will be a key anchor of the IconSiam shopping centre under construction on the banks of the Chao Phraya River. IconSiam says the store will…

takashimaya
Sarah ChenGeneral

Takashimaya is more losing money than profit

Just one of Japanese department store chain Takashimaya’s three overseas stores is currently trading at a profit. But the company says it believes it can make them all profitable by 2023, including a fourth store set to open in Bangkok late this year. The…

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