Japan
Rakuten achieves carbon neutrality across all subsidiaries
Rakuten achieves carbon neutrality across all subsidiaries
It implemented energy efficiency measures and adopting renewable energy across its subsidiaries.
63% of Japan's online transactions used payment cards in 2023
Credit and charge cards also held a 60.8% share.
Average retail rents rise across Japan in Q1 2024
Kyoto’s average rents exceeded pre-pandemic levels for the first time.
Beam Suntory rebrands as Suntory Global Spirits
This marks Suntory Holdings' 10 years of thriving spirits business growth since acquiring Beam Inc. in 2014.
Rakuten Ichiba launches Rakuten AI University to boost merchant efficiency
The RMS AI Assistant (Beta) offers features such as automated product descriptions, image processing, and text generation.
Suntory to raise prices on selected products in Japan from 1 Oct
The recommended retail prices for these products will increase by +6 to +32%.
EssilorLuxottica seals acquisition of Washin Optical to expand optical retail presence in Japan
The group aims to boost the recognition of quality eyewear and eye care solutions amongst Japanese consumers.
Mitsui and ROHTO to jointly acquire Eu Yan Sang International
The acquisition is valued at approximately $593m.
American-based spirits brand Brown-Forman enters Japan market
Brown-Forman previously entered the market in the 1970s.
Rakuten launches ‘Service Inclusion’ initiative to promote diversity in services
It introduced the "Inclusive Salon Project" as an initial effort, providing customer service guidance for LGBTQ+-friendly beauty salons.
Fast Retailing warns on phishing scam targeting UNIQLO customers
It deceives individuals into disclosing personal information or making monetary transfers.
Levi’s revamps Kyoto store
It has a station that allows shoppers to customise their apparel with embroidery, patches, and more.
Shiseido to offer early retirement to around 1,500 employees
The retirement date is on 30 September 2024.
Uber Eats' robot deliveries augment Japan's workforce
The shrinking and ageing population is one of the factors that led to a shift in food deliveries.
Hermès launches new Tokyo concept store
The new flagship store is located in Azabudai Hills.
Oasis unloads Tsuruha shares to AEON
Oasis said Tsuruha has failed to demonstrate any progress on consolidation.
Daiso founder Hirotako Yano passes away at 80
Yano established the company in 1977.
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The Trade industry is beefing up its workforce to better handle complaints.
