Showing Optimism: Japanese Fashion Industry

With the improvement of the economic situation and < a href= "http://www.91se91.com/news/index_p.asp" > Japan < /a > to win the bid for the 2020 Olympic Games, the whole fashion industry in Japan is showing a positive and optimistic trend. < p >

Japanese retailers, fashion brands in recent months have clearly felt the improvement of market conditions, consumer spending has begun to increase, and the number of tourists has reached a record high.

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< p > but on the other hand, Japanese Prime Minister Abe Shinzo proposed to increase the sales tax from 5% to 8%. In 2015, the policy of raising to 10% is bound to have an impact on sales. Moreover, with the continuous decline of the yen, the sales volume of overseas fashion brands may be affected.

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Tadashi Yanai, President of P Fast Retailing group, has a conservative attitude towards the annual performance of the group. It believes that this year's growth will show a slowing trend. And the president of Kazumasa Thavasa, Samantha Thavasa, also said that if wages did not change, the sales tax would certainly bring a lot of pressure to the Japanese people.

According to CLSA's survey, a large number of Japanese consumers expressed the hope to buy luxury goods such as jewellery and < a target= "_blank" href= "http://www.91se91.com/" > clothing /a > before the sales tax increase, which may drive Japan's luxury consumption.

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In addition, Japan's tourism industry, which has been deeply affected since the tsunami of 2011, is also showing a recovery trend. In July, the number of tourists in Japan exceeded 1 million, a record high. Most of the tourists came from South Korea, Taiwan and China, and they also led to a large part of the "a href=" http://www.91se91.com/news/index_s.asp "consumption < /a".

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