17 February 2009
Hankyu Men's Sees ¥26.5 Billion in First Year
6% over initial projection read on >> Osaka menswear department store Hankyu Men's has reported ¥26.5 billion in net sales for its first year. The final earnings figure was 6% above Hankyu's initial expectation of ¥25 billion.
Hankyu put the number of visiting customers in one year at 8.7 million.
The Hankyu Men's sales figure is a 51% increase over the revenue total of the former menswear space in the Umeda branch of Hankyu.
Hankyu Men's Sees ¥26.5 Billion in First Year
6% over initial projection read on >> Osaka menswear department store Hankyu Men's has reported ¥26.5 billion in net sales for its first year. The final earnings figure was 6% above Hankyu's initial expectation of ¥25 billion.
Hankyu put the number of visiting customers in one year at 8.7 million.
The Hankyu Men's sales figure is a 51% increase over the revenue total of the former menswear space in the Umeda branch of Hankyu.
13 February 2009
Tiffany Drops Prices 9% on Average
To go into effect on February 11 read on >> American jewelry company Tiffany & Co. has announced an average 9% price decrease on their Japanese product line. The lower prices will go into effect on February 11. This comes after Tiffany dropped prices 6% in November 2008.
The company attributed the pricing adjustment to the strong yen and weak dollar.
Tiffany Drops Prices 9% on Average
To go into effect on February 11 read on >> American jewelry company Tiffany & Co. has announced an average 9% price decrease on their Japanese product line. The lower prices will go into effect on February 11. This comes after Tiffany dropped prices 6% in November 2008.
The company attributed the pricing adjustment to the strong yen and weak dollar.
09 February 2009
Forever 21 to Launch in Harajuku
Plans also for Shibuya, Ginza, and Shinjuku locations read on >> Los Angeles-based fast fashion chain Forever 21 has announced a spring opening for its first Japanese store. The location will be the Harajuku youth fashion neighborhood, down the street from H&M in the former New Balance shop.
Forever 21 plans future stores in Shibuya, Shinjuku, and Ginza.
Forever 21 to Launch in Harajuku
Plans also for Shibuya, Ginza, and Shinjuku locations read on >> Los Angeles-based fast fashion chain Forever 21 has announced a spring opening for its first Japanese store. The location will be the Harajuku youth fashion neighborhood, down the street from H&M in the former New Balance shop.
Forever 21 plans future stores in Shibuya, Shinjuku, and Ginza.
04 February 2009
Sanki to Import Casely-Hayford
Expects ¥150 million in sales for first year read on >> Fashion importer Sanki has signed an import and sales contract with British men's brand Casely-Hayford, starting with the autumn 2009 collection.
Sanki will use select shops as the main distribution channel for the brand.
Sanki projects ¥150 million in sales for the first year and ¥300 million in sales by the third year.
Sanki to Import Casely-Hayford
Expects ¥150 million in sales for first year read on >> Fashion importer Sanki has signed an import and sales contract with British men's brand Casely-Hayford, starting with the autumn 2009 collection.
Sanki will use select shops as the main distribution channel for the brand.
Sanki projects ¥150 million in sales for the first year and ¥300 million in sales by the third year.