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Japan’s department stores: What’s left when the tourism tide goes out?

Inside Retail

Japan’s storied department stores are riding a wave of overseas tourists, and although there is no sign yet of a wipeout, the cautious pronouncements of company executives indicate that it’s a wave they can’t ride on indefinitely. On the surface of it, department stores still have their mojo: sales in October rose by 5.3

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A-COLD-WALL* Lotte Department Store, Jamsil, Seoul set to launch

Retail Focus

A-COLD-WALL* has announced the launch of a second Seoul concept store-in-store this month. Following the opening of a bold and distinctly industrial space inside the world-renowned Hyundai COEX, the brand unveils yet another site in the Korean capital, this time located in the famed Lotte Department Store, Jamsil.

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Department Store Offers Shoppers a Calming, Biophilic Space

VMS

Originally scheduled for an October 2020 opening, the seventh location for this family-run department store was caught in the middle of the global predicament – to build or not to build, to cancel or push on? The wrong clothes and accessories at the wrong time of year could be the nail in the coffin to an already bad year.

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Department Stores – what does the future hold?

Retail Focus

The huge increase in online shopping over the past decade or so has had a major impact on department stores, with many consumers turning to Amazon, eBay and other online shops for shopping, rather than a more traditional trip out to a physical store. Changing culture of shopping.

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Analysis: Why Harvey Nichols’ new NFT retail space is “a wildly clever idea”

Inside Retail

Luxury department store Harvey Nichols recently announced the opening of the first blue-chip non-fungible token (NFT) retail space at its Pacific Place Hong Kong store. The new retail space caters to first time buyers and NFT experts, with prices ranging from HK$5,000 ($850 AUD) to over HK$1,000,000 ($170,000 AUD).

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Charity Super.Mkt to open debut outlet store at Gloucester Quays

Retail Focus

The 4,000 sq ft store will launch at the outlet on March 14 th , introducing its popular ‘second-hand department store’ concept to a key entrance off High Orchard Street. Charity Super.Mkt will bring together a curated collection of pre-loved fashion and accessories, including vintage denim, sports- and streetwear.

Fashion 162
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Is Tapestry’s acquisition of Capri a bold move or high-stakes gamble?

Inside Retail

But while the strategic acquisition makes a lot of sense on paper – expanding Tapestry’s portfolio in the over $200 billion global luxury apparel, handbags, accessories and footwear market, and delivering an anticipated $200 million in run-rate cost synergies – industry experts question remain cautious. “As per cent. “To