Apparel and Footwear in Japan - New Study Released
Apparel and footwear in Japan recorded positive growth in 2013. "Abenomics", which is the current Prime Minister Shinzo Abe's economic policy stimulated consumer spending across industries, and demand for luxury and premium consumer goods increased, in particular. The trend benefited apparel and footwear, which is evident in the recovery of sales at department stores, driven by the positive performance of luxury apparel and footwear. The cheerful mood with the recovering economy also affected...
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