Recent Study: Apparel and Footwear Specialist Retailers in Japan
Apparel and footwear specialist retailers increased in current value by 1% in 2013. Much of this can be ascribed to the influence of Abenomics, which refers to the economic policies of current Japanese Prime Minister Shinzo Abe and which has increased consumer motivation to spend money on apparel and footwear. As the Japanese share market continues to rise, consumer confidence in Japan is increasing and this stimulated consumption of luxury goods among Japanese consumers. For example, in...
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