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Japs must be sadist to endure the pain.
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https://www.ft.com/content/5f83efe9-3332-4146-89c6-154fa7f5db88
Retail sectorAdd to myFTJapanese retailers wrestle with Chinese tourist boycottDepartment stores among those hit by double-digit drop in duty-free sales in recent monthsJapanese stores such as Uniqlo have been stung by the fall in Chinese shoppers © AFP via Getty ImagesJapanese retailers wrestle with Chinese tourist boycott on x (opens in a new window)Japanese retailers wrestle with Chinese tourist boycott on facebook (opens in a new window)Japanese retailers wrestle with Chinese tourist boycott on linkedin (opens in a new window)Japanese retailers wrestle with Chinese tourist boycott on whatsapp (opens in a new window)SaveHarry Dempsey in TokyoPublishedYESTERDAY37Print this pageStay informed with free updatesSimply sign up to the Retail sector myFT Digest -- delivered directly to your inbox.Tokyo’s diplomatic feud with China threatens to undermine the tourist boom that boosted Japanese retailers such as Uniqlo, Muji and Don Quijote and helped reshape their business models.Chinese visitors to Japan, the second-biggest cohort, plunged 61 per cent in January compared with the same month a year ago. This followed a slide of 45 per cent in December, bringing the first overall fall in tourists travelling to the country in four years, according to official data.
Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach ofFT.com T&Cs and Copyright Policy. Email [email protected] to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found on the Help FAQ on gift articles.
https://www.ft.com/content/5f83efe9-3332-4146-89c6-154fa7f5db88
Retail sectorAdd to myFTJapanese retailers wrestle with Chinese tourist boycottDepartment stores among those hit by double-digit drop in duty-free sales in recent monthsJapanese stores such as Uniqlo have been stung by the fall in Chinese shoppers © AFP via Getty ImagesJapanese retailers wrestle with Chinese tourist boycott on x (opens in a new window)Japanese retailers wrestle with Chinese tourist boycott on facebook (opens in a new window)Japanese retailers wrestle with Chinese tourist boycott on linkedin (opens in a new window)Japanese retailers wrestle with Chinese tourist boycott on whatsapp (opens in a new window)SaveHarry Dempsey in TokyoPublishedYESTERDAY37Print this pageStay informed with free updatesSimply sign up to the Retail sector myFT Digest -- delivered directly to your inbox.Tokyo’s diplomatic feud with China threatens to undermine the tourist boom that boosted Japanese retailers such as Uniqlo, Muji and Don Quijote and helped reshape their business models.Chinese visitors to Japan, the second-biggest cohort, plunged 61 per cent in January compared with the same month a year ago. This followed a slide of 45 per cent in December, bringing the first overall fall in tourists travelling to the country in four years, according to official data.