All four major department stores in Japan announced significant increases in same-store sales for September. Overall sales were boosted by the easing of covid-19 action restrictions this year, as well as continued strong demand for luxury brands and jewelry. Sales of fall/winter clothing were also strong for both men and women. Isetan Mitsukoshi HD posted […]
While domestic consumption of sake has cooled, sake exports from Japan are on the rise, with the volume and value of sake exports reaching record highs in 2021. In particular, the growth in consumption of high-end sake is remarkable. Sake is an alcoholic beverage of Japanese origin made by fermenting rice that has been polished […]
The annual year-end Osechi shopping season has begun at department stores and supermarkets in Hokkaido. Osechi-ryōri are traditional Japanese New Year foods. In Japan, the Covid-19 restrictions have been lifted, and more people are expected to return to their parents’ homes during the year-end and New Year’s holidays. In anticipation of this, many manufacturers are […]
An official retailer of the Swiss watch brand Rolex opened in Korinbo, Kanazawa City, Ishikawa Prefecture, on September 17. Rolex had been operating as a tenant shop in a department store in this area, but this is the first indipendent boutique on the Sea of Japan coast. Rolex’s boutiques have been located mainly in metropolitan […]
Bakeries selling “high-end white bread,” which had been on the rise for a while, are closing one after another. The boom of high-end white bread is slowing down sharply. At one time, shoppers formed long lines to buy white bread that cost nearly 1,000 yen per loaf. This boom spread not only to the city […]
Department stores are rejuvenating their customer base for what they call “Gaisho” services for the wealthy. At the Isetan Shinjuku main store, the amount of purchases by Gaisho customers 44 years old and younger expanded fivefold before the Covid-19 disaster. At Daimaru Matsuzakaya Department Store, 60% of Gaisho members via the newly established online counter […]
Pearl Star Hotel Atami will open on September 26 in a prime location right in front of Atami Sun Beach in Atami City, Shizuoka Prefecture. Atami is a coastal hot spring resort in Shizuoka prefecture, on the east coast of the Izu Peninsula southwest of Tokyo, Japan. The hotel’s selling point is “luxury,” targeting middle […]
Fuji-Keizai forecasted that the cosmetics market in Japan will grow 2.6% year-on-year to 2.9134 trillion yen in 2022. In 2022, sales of lip color, which had been struggling, exceeded the previous year’s level due to positive factors such as the calming of the infection situation and the easing of the mask-wearing policy since the spring. […]
Japanese consumers are increasingly interested in beauty, influenced by their life with face masks for the Covid-19 disaster, and are increasingly choosing hair care products that emphasize functionality. Drugstores’ best-selling shelves are lined with high-priced shampoos featuring plant-derived and hair-beautifying ingredients. The selling price of hair care products has risen over the past five years. […]
The recovery of the performance of department store companies is evident. The five major department store operators announced that their August same-store sales increased by 20-40% y/y. Although the seventh wave of COVID-19 infections has had an impact on the number of customers who visited their stores, the increase in sales per customer due to […]