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Consumer confidence in November improved for the third straigh tmonth, reaching its highest level since September 2013. Department stores in Tokyo posted an increase of 3.8% y-o-y during the same month, as higher price band goods . . .
Healthy demand continued to come from international retailers and F&B operators. In 4Q17, new store openings included Rolex Boutique Lexia,one of the irlargest DOS in Japan, alongside Namiki-dori and the relocation . . .
Private consumption is expected to continue to pick up in 2018 amid improvements in employment and income. According to Oxford Economics, private consumption is expected to grow 0.9% in 2018. Strength from inbound tourisms . . .
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12 February 2018