Japan
UNIQLO Japan same-store sales drop 14%YoY in February
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.
Uniqlo snags commercial property in London’s Regent Street
The flagship store will be open by the spring of 2022.
Koala Sleep Japan wins Furniture Retailer of the Year - Japan award
Koala’s product range and customer service ensure customers can rest easy.
Hugo Boss launches first flagship store in Japan
The store has a bespoke for special services tailored to each customer.
K-pop agency JYP launches pop-up store in Ginza
Visits are only available by reservation.
Japan’s Off-White opens new store in Ginza Six
The store was designed with an incomplete facade.
Alfred Choy on online and physical stores: Balancing both is key to a retailer’s success
Despite digitisation efforts amongst retailers, SAP’s sales director believes that physical stores are still important for delivering an end-to-end customer experience.
Weekly News Wrap: Japan’s vaccination efforts boost retail sector; Dingdong raises $95.69m in US IPO
And France probes Uniqlo over concealing Xinjiang involvement.
Japan’s retailers take hit from Olympics’ overseas spectator ban
The industry invested heavily in the buildup to the Olympics, expecting a sales boost.
Commentary
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