Weak yen driving luxury goods purchases as inbound traffic recovers Isetan's iconic Shinjuku location in Tokyo. (Photo by Makoto Okada) TOKYO — Nearly 40% of department stores in Japan expect sales from international tourists to edge up this fiscal year, with visitors from Europe, the U.S. and Southeast Asia helping to offset a decline in travelers […]
Weak yen driving luxury goods purchases as inbound traffic recovers
Isetan's iconic Shinjuku location in Tokyo. (Photo by Makoto Okada)
TOKYO — Nearly 40% of department stores in Japan expect sales from international tourists to edge up this fiscal year, with visitors from Europe, the U.S. and Southeast Asia helping to offset a decline in travelers from China.
