Japanese Teens Spending Less on Fashion
There's an interesting article in today's WWD about the spending habits of Japanese teenagers. The piece brings up several interesting points, most of them implying negative trends for the Japanese fashion industry. (Unless, that is, you happen to be a
Olive des Olive – Japanese Brand Bankruptcy, More
The parent company of popular Japanese teen girls fashion brand Olive des Olive has filed for bankruptcy protection in Kyoto District Court. Moku des Moku, which owns Olive des Olive has over 16 billion yen (around US$150 million) in debt
Japanese Fashion Article in The Atlantic
The Atlantic magazine has an article in their March 2009 issue about Japanese fashion. The article is another in the growing list of voices worrying that Japanese consumers are losing their taste for high end foreign fashion brands Here is
Economy Down, But Uniqlo Sales Up 17%
Everyday in the media there is more news about the sad state of the world economy - and news on how those economic problems are trashing the Japanese fashion world. From new flagship shops being to major department stores suffering
Takashimaya Profits & Sales Decline
In yet another update on the problems with the Japanese economy and how they are impacting the fashion industry, the massive Japanese company Takashimaya has issued a profit warning 2008. They blame the problems on "extremely weak consumer demand in
Louis Vuitton Ginza Store Cancelled
On Friday of last week, the yen exchange rate hit 88 to one USD. Every day, Japanese (and world) news reports on companies going out of business or laying off workers. Stock markets around the globe are in free fall.