Japan
Lawson net income climbs to JPY624m in Q1
This is up from JPY 393m in the same quarter last year.
Suntory profit jumps 40% in H1
The beverage company reported a profit of JPY74b.
Japanese brand GU to open first store in the US
Its pop-up store will be located in Soho, New York.
Hypebeast, Jun open first Hypegolf store in Japan
The store will also be home to the first Hypebeans café in Japan.
Toys “R” Us Japan wins Marketing Initiative of the Year in 17th Retail Asia Awards
This is for the Toys "R" Us Asia's Dream Toy Creator Contest.
Into the dreamland with Koala Sleep Japan
The company wins at Retail Asia Awards 2022.
Japan’s consumer co-ops raise $6.5m for Ukraine
The proceeds has been donated to UNICEF and other organizations.
Growth in sight for Japan’s retail sector despite slow recovery
Store footfall is continuing to rise despite substantial COVID-19 cases.
Rakuten, Seiyu launches unmanned vehicle delivery
The service covers nearly 1,000 households in Tsukuba City in Japan.
Starbucks Japan opens new store promoting coffee grounds circularity
Its coffee grounds are turned into cattle feeds.
UNIQLO Japan same-store sales rise by 17.5% in May
Total sales including online sales also climbed by 19.8%.
Japan’s retail sector enjoys foot traffic recovery in Q1
Second-hand luxury goods businesses saw solid demand in the quarter.
L’Oréal’s BOLD invests in Japanese beauty startup
This is the company’s first venture capital investment in Japan.
Rakuten connects loyalty program with Japan Airlines
Rakuten Points can be mutually exchanged with JAL Miles.
UNIQLO opens door to London’s Regent Street
Fast Retailing noted this is its “most significant store” under the brand to date.
JCCU expands sustainable product offerings
This includes 18 products that use whitebait as an ingredient.
UNIQLO Japan profit sees ‘considerable dip’ in H1 2022
Its operating profit stood at ¥80.9b, a 17.3% drop.
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EY’s Olivier Gergele highlights how retailers can navigate and thrive in today’s complex landscape and evolving consumer preferences
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By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
By implementing a sound omnichannel strategy, prioritising the consumer experience and adapting to changing trends, retailers can differentiate their value proposition.
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1. Yum China aims to open 20,000 stores by 2026 2. Payment cards hold 40% share in Singapore's e-commerce 3. HK’s retail leasing momentum slows as vacancy falls: report 4. E-commerce giants outshine Facebook in SG marketplace safety ratings 5. JD.com invests $132.2m into video content creationAwards
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