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 […]
Department stores and other retailers are increasingly focusing on frozen foods. The Covid-19 disaster has increased demand for “bulk purchases,” where consumers complete their purchases in one trip, and has also attracted attention to value-added, premium-priced frozen foods. The reason why companies have been expanding their lineups of premium-priced products in recent years is because […]
Komehyo, which operates more than 90 sales and purchase stores nationwide, compiled a ranking based on the number of inquiries to its stores for the year from April 1, 2021 to March 31, 2022. The prolonged Covid-19 disaster has led to a boom in luxury watches, as affluent consumers who want to travel abroad but […]
Hilton has signed an agreement with Mitsubishi to open Conrad Nagoya in the summer of 2026. The hotel will be part of a mixed-use development, located in Nagoya’s central business district of Sakae, Aichi Prefecture. (source) https://www.breakingtravelnews.com/news/article/hilton-expands-luxury-portfolio-in-japan-with-conrad-hotels-resorts-in-nago/