Amazon is expanding its presence in Japan’s cosmetics market by partnering with Istyle, the owner and operator of the @Cosme stores. Istyle will offer beauty products from a “wide range of brands and …
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Japan’s weak demand weighs on Shiseido’s earnings
Shiseido’s sales and profit declined in the first half of the year due to weak domestic demand. The company, whose brands include Nars, Drunk Elephant, and its namesake Shiseido, reported a 0.4 …
Hermès Asia sales up 15%, Japan surges 20%
The Parisian luxury house said all the geographical areas posted strong growth, with strong resilience from Asia despite the sanitary context in China.…
Three Tokyo-based corporations unveil plans for Shibuya Upper West Project
Three Tokyo-based corporations, Tokyu Corporation, L Catterton Real Estate, and Tokyu Department Store have unveiled plans for the Shibuya Upper West Project, a landmark, high quality, mixed-use proje…
K-beauty gains popularity in Japan thanks to K-pop culture
With the resurgence of Korean pop music, TV series, and films in the neighbouring country, South Korean cosmetics businesses are making a major effort to increase their presence in Japan, where Korean…
Familymart doubles up apparel space
Familymart plans to build on the success of its Convenience Wear clothing lines, aiming to double self-space dedicated to these basic apparel items.…
Snow Peak ventures into food
In March, Snow Peak launched Snow Peak Local Foods in collaboration with GreatCompany, a restaurant operator in Snow Peak’s home prefecture of Niigata. The new venture will invest heavily in food deve…
Japan considers resuming the travel subsidy programme in July
Japan is considering resuming the “Go To Travel” campaign in July to foreigners and locals in order to encourage travel within the country.…
L’Oréal invests in Japanese personalized beauty start-up SPARTY
L’Oréal’s corporate venture capital fund, Business Opportunities for L’Oréal Development (BOLD), made its first venture capital investment in Japan, a minority investment in Japanese…
Marni Market starts 2022 national pop up tour in China and Japan
Italian luxury fashion house Marni kicked off Marni Market pop up tour in China and Japan on 1st May. Taking place in China and Japan, Marni Market is showcasing Marni’s iconic bags, woolen cushion,…