Chanel surfing in Tokyo; Japan is nuts about the French brand name
Article Abstract:
Wealthy young wives and schoolgirls in Japan have made Chanel enormously popular and successful there, boosting 1995 sales 20% to 37 billion yen. So- called Chanelers readily admit to their obsession, spending as much as 5 million yen a month because 'famous people wear it.' Unofficial Chanel stores operate across Japan unopposed by Chanel, paying buyers in France and Japan to buy goods and ship them for resale. Among the most popular items are the Chanel bags not sold in Japan, but packaged with cosmetics in the US.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
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Free-market cure: Japan seeks a solution to spiralling health costs
Article Abstract:
Tokyo is reviewing its socialized medical system with plans to introduce a freer drug market and purchase hi-tech equipment. Most people in Japan already have access to decent, reasonably priced treatment but the current system is full of vested interests. Hospitals will be discouraged from selling medicine and this will open the way for more private drugstores. Cost consciousness for doctors and hospitals will be encouraged, with the reforms setting a maximum reimbursement limit.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1997
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The malling of Japan: huge shopping centers give consumers more choice
Article Abstract:
US commercial developer Koll and real-estate company World Premier Investment are teaming with Japanese consultancy Funai to build mega-malls in Japan. The country seems primed for these vast consumer meccas, each covering up to 165,000 square meters and featuring a plethora of US retail outlets with their trademark low prices and broad selection. Long ignored, Japanese consumers have flocked to new shopping centers, which to date have remained modest.
Publication Name: Far Eastern Economic Review
Subject: Business, international
ISSN: 0014-7591
Year: 1996
User Contributions:
Comment about this article or add new information about this topic:
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