Japan
Japan’s retail sector enjoys foot traffic recovery in Q1
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.
Fast Retailing to reopen MINA TENJIN in 2023
The facility will have a total sales area of over 22,000 square metres.
Rakuten, Seiyu collaborate on digital marketing initiatives
Rakuten Point Cards will be usable in all Seiyu stores starting 26 April.
UNIQLO Japan same-store sales drop 14%YoY in February
Total sales, including online sales, also declined 11.4%
UNIQLO, Japan Tennis Association extend sponsorship agreement
The clothing retailer will supply match apparel and training wear in 2022.
Suntory Beverages to make 50% of its bottles from recycled materials
This is in line with its 2030 target to use 100% sustainable PET bottles.
Uniqlo Japan same-store sales slip by 7.1% in January
This was due to a lack of inventory of thermal clothing.
Japanese multinational fast-food chains reel over potato shortage
The shortage has pushed McDonald’s Japan to temporarily drop some offerings.
Mitsubishi, Lawson to supply solar power to 3,600 convenience stores
The supplying of the renewable energy will start in April 2022.
AnyMind Group, Gizmodo Japan launch e-commerce store Giz Yatai
Giz Yatai will specialise in selling gadgets.
Germany-based Metro ceases Japan operations
Its wholesale business has suffered from an unfavourable market position.
Starbucks Japan offer 20% discounts to bakery products
The company plans to both minimize food waste and donate part of the revenue to charity.
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The Trade industry is beefing up its workforce to better handle complaints.
