Japanese Market Needs More Watches
Japan’s department store sales of jewelery, continued to show the smooth development. By April 3 to affect stock prices, the prices of foreign brands is expected to lead to short-term explosive demand for consumer purchases increased strongly. With the expected stock price stagnation, positive trend jewelery will also come to an end. High commodity active, did not affect the sales prices, customer demand is very stable. Expected after the consumption tax hike in April next year, sales of jewelery will develop smoothly.
From 3 to sales of watches and jewelery Daimaru Matsuzakaya’s nine main stores in June, the jewelry increased by 65.2% over last year, an increase of 37.9% watch. In June, sales increased 40.8% for jewelery, watches and clocks, increased 42.3%. From 3 to the monthly growth rate in June, the June jewelry sales growth rate second only to May, sales of watches to achieve growth.
Isetan Mitsukoshi Holdings Isetan Shinjuku Main Store, Mitsukoshi Ginza store, Mitsukoshi Nihonbashi main store three stores, in April, watches and jewelry sales rose 40% in May increased by 20% downward trend, 6 months to achieve 30% growth, showing signs of recovery. According to Isetan Mitsukoshi women ministers jewelry watches for children Commodities omnibus portion Haruo Yamazaki said that this was 20 years of substantial growth in the third. In April, a variety of factors Shinjuku store decoration effect and prices before the outbreak of the purchase, etc. overlap, resulting in an increase of extraordinary. Turning to the future market trend he believes that even with the impact of inflation and other unfavorable factors, consumer demand for jewelry is still on the rise.
Takashimaya MD Department selected clothing groceries, jewelry unit buyers Shigeru Aoki said: “Takashimaya from the beginning of the year sold more than last year, beginning in April increased by 20% to 30% higher than last year, June performance is also very good . “March activities have a positive impact on sales after April trends within the shop is also active, the customer is no longer confined to a few wealthy class, consumer groups began to expand. Customer price increase is very significant, Isetan Mitsukoshi main store three customer price increased by 20%. Such as 500 million yen or more goods, in April last year sold only one, in April this year sold six. May sales of luxury goods also increased by 40%.