People wearing face masks walk in Tokyo’s Ginza area. An huge drop in foreign nationals arriving in Japan this year has left the luxury retail market reeling. Photo: Kyodo News via Getty Images
Japan luxury retail in dire straits – but will bounce back, analysts say
- The stylish boutiques of Ginza, Omotesando, Shinjuku and Harajuku are all but devoid of shoppers as the pandemic keeps foreign arrivals away
- But savvy luxury brands are in it for the long haul and short-term fluctuations are not major challenges, one expert says
Topic |
Fashion
People wearing face masks walk in Tokyo’s Ginza area. An huge drop in foreign nationals arriving in Japan this year has left the luxury retail market reeling. Photo: Kyodo News via Getty Images
