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Japanese Fashion Retailers Suffered Further Setbacks For Six Consecutive Months.

2016/10/3 16:05:00 29

JapanFashion IndustryRetail Market

According to data released recently by Japan's economic and trade department, Japan was in August.

Retail sales

It fell by 2.1% compared with the same period last year, indicating that retail sales in Japan have dropped for six consecutive months.

According to the data of Japan's National Tourism Administration, the number of foreign tourists in Japan increased by 12.8% in August this year, but the growth rate of tourists in August slowed sharply compared with the increase of 19.7% in June and 23.9% in July.

According to the report, Japan's low retail performance in August was mainly affected by the negative effects of typhoon weather.

Nomura Securities analyst Masafumi Shoda pointed out that Japan's August

Retail environment

It was a tough month for retailers, but this did not mean Japan.

Retail

In August, sales accounted for only about 7% of annual sales.

At the same time, the strong appreciation of the yen has led to a two percentage point decline in Japanese exports, and this will continue to inhibit exports of Japanese products.

In addition, visit

Japan

Foreign tourists have begun to slow down, which has led to a further reduction in confidence in Japanese retailers, because many retailers have been relying on high consumption foreign tourists in recent years to make up for local consumption with low consumption.

Japan's economic and industrial province (the executive arm of Japan's economic and Industrial Development) proposes to vigorously build "unmanned stores". It hopes to use the "electronic label" in Japanese retail industry in 3 years, that is, before the 2020 Tokyo Olympic Games.

Compared with traditional scanners, the RFID (RFID) recognizer can read information even if it does not read the electronic tags. That is to say, the shopping basket is placed on the scanning interface, so that all the commercial MPF can be calculated instantaneously.

For Japanese retail industry, reducing the development cost of electronic tags is the most urgent problem at present.

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