January 01, 2016

Mitsukoshi department store posted a 33 per cent rise in sales in May 2015

Ginza shopping Tokyo copyright peter hanami 2009
Picture: Ginza shopping Tokyo 

“The Mitsukoshi department store in Tokyo’s Ginza district owned by Isetan Mitsukoshi, posted a 33 per cent gain in total sales for May. Chinese visitors generally account for about half of the Ginza stores sales to foreigners”

Source: China chill stings Japanese firms, by Takashi Nakamichi and Megumi Fujikawa, The Wall Street Journal, The Australian Newspaper, Thursday July 21nd, 2015, page 24.

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