
Japan’s department stores gear up for summer-gift season
Some have rolled out merchandise tailored to the 2026 World Cup, which is set to kick off on June 11.
The Japan Times
Japan’s duty-free sales climb in May as tourism boom endures
Japanese department stores are rebounding from a shaky start to the year as lingering political tensions kept many Chinese tourists away.
The Japan TimesChinese consumers have spent more frugally as the post-COVID-19 recovery has stuttered, and the dominance of e-commerce means shoppers can buy marked-down clothing in just a few taps from the comfort of their sofas.
https://www.japantimes.co.jp/business/2026/05/28/online-luxury-china/?utm_medium=Social&utm_source=mastodon #business #china #beijing #shopping #retailers #ecommerce #luxurygoods #departmentstores
Frugal and more online: Smarter spenders rewrite luxury’s China dream
Foreign luxury brands might not be retaining the pull — and the cashflow — in China that they counted on in the world's second-largest economy in the 2010s.
The Japan TimesDassai, a Japanese sake brewer with international acclaim, has opened a pop-up store featuring a collaboration connecting artworks by Japanese artists with sake at Isetan Mitsukoshi Holdings' flagship store in Tokyo.
https://www.japantimes.co.jp/business/2026/05/14/companies/dassai-pop-up-mitsukoshi-nihonbashi/?utm_medium=Social&utm_source=mastodon #business #companies #dassai #isetanmitsukoshi #departmentstores #sake #yamaguchi #tokyo
Sake Brewer Dassai Features Art in Pop-Up at Mitsukoshi Store
The temporary shop at the flagship department store in Tokyo showcases artworks expressing the essence of sake brewing as felt by artists who visited Dassai's brewery.
The Japan TimesLotte Shopping is expected to show strong Q1 revival with 43.37% operating profit growth driven by department store division's momentum from domestic consumption recovery and surging foreign visitor sales, particularly in Seoul's Myeongdong, Jamsil, and Busan locations where foreign sales jumped 84-115%.
#YonhapInfomax #LotteShopping #DepartmentStores #InboundSales #Q1Earnings #OperatingProfit #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=115002
'Department Store Traffic Surges' - Lotte Shopping Poised for Q1 Revival
Lotte Shopping is expected to show strong Q1 revival with 43.37% operating profit growth driven by department store division's momentum from domestic consumption recovery and surging foreign visitor sales, particularly in Seoul's Myeongdong, Jamsil, and Busan locations where foreign sales jumped 84-115%.
Yonhap Infomax
Japan's department store duty-free sales rebound as China-driven slump eases
The gains mark a shift for the stores, which had endured consecutive months of declining duty-free sales amid lingering tensions with China.
The Japan Times
Sogo & Seibu to close Shibuya store in September
The company failed to reach an agreement on a contract extension with the rights holder for the land and buildings housing the store over the redevelopment of the site.
The Japan TimesSouth Korean department stores monitor won weakness impact as foreign customer sales surge to multi-year highs, with operators expecting enhanced purchasing power though prolonged Middle East conflict poses demand risks
#YonhapInfomax #DepartmentStores #WonWeakness #ForeignSales #MiddleEastConflict #PurchasingPower #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket https://en.infomaxai.com/news/articleView.html?idxno=108384
[Iran Crisis Check] Department Stores Eye Foreign Sales Boost Amid Won Weakness
South Korean department stores monitor won weakness impact as foreign customer sales surge to multi-year highs, with operators expecting enhanced purchasing power though prolonged Middle East conflict poses demand risks
Yonhap Infomax
Meitetsu Department Store closes in Nagoya after 71-year run
The closure is part of a redevelopment plan for the Nagoya Station area, led by the department store operator's parent company, Nagoya Railroad.
The Japan Times