Understanding New Trends and Opportunities in Japan’s Luxury Industry

Japan is the second largest luxury market in the world – behind the United States and ahead of mainland China – with 3.6 trillion yen (about $33 billion) spent each year in luxury goods. The luxury industry encompasses various sorts of goods such as drinks, fashion, cosmetics, fragrances, watches, jewelry, luggage, and handbags. In the past few years, this market experienced a steady climb in Japan. Continue reading “Understanding New Trends and Opportunities in Japan’s Luxury Industry”