By Dominic Carter
In the past decade, Japanese retail has undergone a series of developments that have seen it come closer into line with the retail landscape in other advanced countries. Important changes have included, of course, the popularization of the Internet as a sales channel, but also the continued decline of the traditional Japanese department store format that had held sway for most of the 20th century. At the high end, recent years have seen an erosion in the position held by foreign luxury brands, which heretofore had counted on Japan as one of their key sales drivers and pioneered the notion of “mass-luxury”.
By Debbie Howard
I spend a good part of every summer these days in a small Texas Hill Country town, 13,000 some-odd miles from Tokyo. Looking out across the buttes, with deer grazing nearby, hummingbirds thrumming their wings, and the occasional armadillo scurrying through the yard, it certainly feels a world apart.