Travel Retail in Japan - New Report Available
In 2012, travel retail experienced a recovery from its negative performance in 2011 which was heavily impacted by the Great East Japan Earthquake and Tsunami. Travel retail increased by 9% in value sales to reach JPY7.7 trillion in 2012. This growth was mainly driven by the increasing demand for travel among Japanese consumers. A year after the disaster, Japanese consumers gradually felt freedom from self-restraint, or jishuku, and their desire increased to travel and make special memories with...
View full press release