Luxury Goods in Japan - New Market Research Report
The economy returned to positive growth in 2012, with GDP up by 2%. A high exchange rate of the Japanese yen against the US dollar and the euro also pressured sales of Japanese companies. Consumers continued to be price conscious when spending on luxury goods. However, the recovery was supported by the increase in consumption of goods across different industries after the decline caused by the East Japan earthquake which disrupted the economy in 2011. Consequently, the Japanese luxury goods...
View full press release