News - Retail

02 February 2009
Ermenegildo Zegna Opens Flagship in Shinjuku
read on >> On January 30, Italian men's brand Ermenegildo Zegna opened its new five-story luxury tower in Shinjuku. The 700 square-meter shop is the first flagship for the brand in Asia and the largest retail space in Zegna's history.

The new tower is Ermenegildo Zegna's third major retail space in Shinjuku alone, with in-shop stores inside Isetan Shinjuku and Takashimaya Shinjuku.
22 January 2009
IPGI to Open Galliano Flagship in Omotesando Hills
read on >> IPGI Inc. — International Property Global Investments — has announced a March 6 opening for the new Galliano flagship store in shopping building Omotesando Hills. The store will open on the first floor of the complex, at a total 86 square-meters.

The company also plans to set up a corner for the brand in department store Isetan's Shinjuku location, on the fourth floor.

IPGI signed an exclusive sales and import contract with Galliano last year. The company plans 6 to 7 retail locations for Galliano within three years.
16 January 2009
First Kitson Store for Japan to Go in Shinjuku Lumine 2
read on >> The first Japanese retail location for Kitson — the trendy Los Angeles boutique — will open within shopping building Shinjuku Lumine 2 on March 8.

The in-shop space will be a total 165 square-meters, dedicated mostly to accessories from over 90 different brands.

Kitson Japan plans to open a standalone roadside store by summer, with three-to-five more locations scheduled for the year.
16 January 2009
Tomorrowland to Open Dries Van Noten Flagship in Aoyama
read on >> Select shop Tomorrowland has partnered with Belgian designer Dries Van Noten to open a Tokyo flagship for his eponymous brand in Aoyama. The store is scheduled to open on March 20.

The store will be 280 square meters over two floors, with womenswear on the ground floor and menswear upstairs.

Tomorrowland is projecting ¥300 million in sales for the first two collection seasons.
15 January 2009
TWENTY8TWELVE by s. miller to Open in Isetan
read on >> The first Japanese retail location for brand TWENTY8TWELVE by s. miller will open in Isetan's Shinjuku flagship on January 16.

TWENTY8TWELVE is produced by actress Sienna Miller and her older sister Savannah Miller, who has worked with Alexander McQueen and Matthew Williamson as a designer.

The brand is represented in Japan by bluebell Japan, who currently control its exclusive import and sales rights.

A second TWENTY8TWELVE location will open in Hankyu's Umeda branch (Osaka) on February 11, followed by broader distribution to 30 select shops nationwide.
07 January 2009
Mango to Open Ten Stores in Three Years
read on >> MNG Japan — the Japanese subsidiary of Spanish fashion chain Mango — has announced plans to open ten stores in Japan within the next three years. The first store will open within the Shin Misato Lala City shopping complex in Saitama during its September 2009 grand opening.

One of the stores is planned to be a standalone flagship in Tokyo, but most will go into shopping centers.
17 December 2008
Louis Vuitton Pulls Out of Plan for Ginza Store
read on >> After months of industry gossip, Louis Vuitton Japan finally confirmed on December 16 that the company has pulled out of its original plan to open the world's largest LV store on Harumi-doori in the upscale Tokyo neighborhood of Ginza. LVJ blamed the retail pullback on the slowdown in global luxury sales as well as unresolvable conflicts with the real estate company Hulic.

The new Ginza store would have been 12,000 square-meters over twelve floors and housed a LV-branded restaurant.

LVJ also announced that sales for the brand dropped 7% compared to the previous year for the first nine months of the current fiscal year.
12 December 2008
H&M's First Osaka Store Slated for Spring 2010
read on >> Marubeni has announced the opening of Swedish fast-fashion chain H&M's first Osaka store, slated for Spring 2010. The store will be the core tenant in Marubeni's new Luz Shinsaibashi seven-story complex in the relatively-young metropolitan Shinsaibashi neighborhood. H&M is expected to take up the first four floors.

Update 12/15/08: On December 13, Senken Shimbun reported that H&M will open a store in a new building planned to be built in Yokohama's Sakuragicho Station in autumn 2009. H&M will take up the first floor, at around 3,300 square-meters of selling space. Developer TOC would not officially confirm the H&M tenancy, however.
02 December 2008
Dior Drops Prices 8%
read on >> Christian Dior has announced an average 8% price decrease on 550 goods in Japan, mostly leather bags and accessories. The price drop will go into effect on December 2.

The stated goal is to provide a more "reasonable" price for the goods in light of the recent drop in the value of the euro.
01 December 2008
Louis Vuitton to Decrease Prices 7% on Average
read on >> Starting November 29, Louis Vuitton Japan will institute an average 7% price drop on leather goods, accessories, shoes, watches, apparel, and jewelry. The stated reason for the price decrease is adjustment to the lower valued euro.
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