Category Archives for "JC Headlines"

Nov 04

JapanConsuming Headlines: November 2012

Focus: Sales at leading shopping centre jump 4.6% in 2011 2011 was a strong year for the largest shopping centres in Japan. The top 100 enjoyed buoyant trading up 4.6% thanks to rising spending on fashions, food and lifestyle goods – despite the drop of 15% in sales at Narita as visitors stayed away from […]

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Oct 05

JapanConsuming Headlines: October 2012

Specialty Fashion 2011: a strong push from the middle The results for specialty apparel retailing in FY2011 were the best for more than five years, reflecting higher spending on premium fashions as well as a general uplift in consumer demand. The top 60 specialty apparel retailers outperformed other retailers, averaging 5% growth and now account […]

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Sep 04

JapanConsuming Headlines: September 2012

Focus: Apparel Retailing FY2011: growth from better value Apparel sales rose 2.3% in FY2011 while the top 100 chains grew around 5%. It was a solid year all round, and the higher growth for the top 100 gave them more than 50% of apparel market share for the first time ever. While specialty chains continued […]

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Jul 06

JapanConsuming Headlines: July 2011

Focus: Retail Results 2011: a second year of profit growth 2011 was yet another great year for Japanese retailers. Despite earthquakes, shorter store opening hours, consumer reluctance to spend and reduced power supplies, most retailers managed to make money – some of them a lot of it. The only sub-sector to finish with poorer results […]

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Jun 06

JapanConsuming Headlines: June 2012

Focus: Online portals a hit with fashion consumers Online retailing looks to have reached sales of ¥10 trillion, now larger than either department or convenience stores. While specialty chains have been the winners in the physical world, online it is the giant shopping portals that are garnering the largest share. Even in fashion and apparel, […]

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May 04

JapanConsuming: Headlines May 2012

Single male households increase spending in 2011 One unlooked for effect of the March 2011 earthquake was a major uptick in consumption among young, single men. The shock of the disaster, with so many people looking inward at their lives, caused young males to reduce saving for the future and live more for the day, […]

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Apr 04

JapanConsuming: Headlines April 2012

Focus: Japanese General Trading Companies’ ever deepening role in the fashion market Many of Japan’s general trading companies started out trading textiles. While they may now be into everything from nuclear power stations to food retailing, they all retain active textile divisions and are involved in every layer of the fashion market. In the last […]

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Mar 05

JapanConsuming Headlines: March 2012

Focus: 2011 proves resilience of major retailers In the first few weeks after the natural disaster last March, prospects for retailing looked pretty bleak. Consumers immediately reigned in spending on non-essentials and the prospect of a further, man-made nuclear disaster seemed possible – something only narrowly avoided it is now revealed. Within a month though, […]

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Feb 05

JapanConsuming Headlines: February 2012

Focus: The old and the single: two burgeoning but still untapped markets That Japan’s population is getting old is not news. Neither is the fact that those who are still young are staying single. What is news is just how quickly these trends are impacting society now, not in some distant future – 10 million […]

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Jan 06

JapanConsuming Headlines: January 2012

Focus: Online market to hit ¥14 trillion by 2016 The online shopping market is currently the one sure bet in terms of consistent growth year after year. The latest forecasts suggest a doubling in market value by 2016. As important as the market expansion is the way consumers are changing the way they both shop […]

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Dec 05

JapanConsuming Headlines: December 2011

Focus: Ever dynamic: Japan’s apparel market Apparel consumption by value has halved in Japan since 1991. This massive fall is partially just because people are no longer as frenziedly over consuming as in the 1980s and because more competition and low cost sources have greatly reduced average unit prices – unit consumption of apparel has […]

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Oct 05

JapanConsuming Headlines: October 2011

Shopping centres: only the best are good enough Shopping centres stormed ahead of department stores and GMS chains from the late 1990s and now dominate retailing as never before, accounting for some 20% of all retail sales. However, both development and sales hit a wall in 2008 as consumption fell and investment in new SCs […]

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Sep 02

JapanConsuming Headlines: October 2011

Tesco to pull out of Japan September began with the not unexpected news that Tesco will look to sell off its Japan operations. Although this will be chalked up as yet another overseas failure, the British supermarket has had a positive impact on food retailing in Tokyo. Focus: Specialty apparel chains FY2010: bigger is better […]

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Jul 06

JapanConsuming Headlines: July/August 2011

Retail Results FY2010: profit, profit, profit The annual results for the retail and distribution sector show that an incredible 31 of 47 top retailers increased pretax profit by double digits last year. FY2010 was a particularly good year for the majority of firms, so much so that the usual situation where the problem companies standout […]

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Jun 02

JapanConsuming Headlines: June 2011

Focus: Fashion demand: simple and casual Preference for casual fashions over smarter high end apparel is a clear trend in Japan as much as any other advanced market. What is different is the extent to which Japanese tastes have shifted and why. With less and less inclination to follow the dictates of fashion authorities, whether […]

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May 04

JapanConsuming Headlines: May 2011

Distribution concentration: and then there were Seven It is a time-honoured tradition for experts and retailers to insist on just how fragmented the distribution sector is in Japan. It is true that there are more than 1 million shops and 350,000 wholesale outlets, and that the largest single retailer by sales, Seven Eleven, accounts for […]

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Apr 10

JapanConsuming Headlines: April 2011

The next chapter: recovery for Japan Following the events of 11 March 2011, it is a difficult month to write about business topics in Japan. The terrible consequences of the earthquake cannot be understated, but Japan will bounce back. The response from Japanese and foreign companies alike has been fantastic (a long list of examples […]

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Mar 04

JapanConsuming: Headlines March 2011

Focus: A resounding cheer from big retailers in 2010 The 2010 calendar year results show a marked improvement on 2009, with yet more clear signs of revival for department stores and a certain buoyancy in other retail sectors. Sales for Tokyo department stores may be at almost half what they were in 1990 but the […]

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Feb 05

JapanConsuming Headlines: February 2011

Focus: Who pays what in Japanese retailing: Salary survey A recent survey published by Shogyokai provides a rare insight into pay scales at major retailers and service companies. For the average employee, salaries at major direct marketing firms are highest, with department stores paying the lowest on average. Employees at department stores are, however, incredibly […]

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Jan 05

JapanConsuming Headlines: January 2011

Focus: Shopping centres: rewards but only for hard work In FY2008 sales of the top 100 shopping centres (SCs) fell and in FY2009 were even worse. At the same time both 2009 and 2010 proved to be much quieter for shopping centre developers, producing the lowest number of new SCs since 2001. The worst performers […]

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