SUBSCRIBERS
Chinese tourists boost Japanese premium-mall sales
They touch a record in 2015, jumping by more than 10 per cent to between 300b yen and 350b yen
Published Wed, Feb 10, 2016 · 09:50 PM
Tokyo
CHINESE tourists buying million-yen watches and luxury brands helped boost sales at Japanese premium outlet malls owned by Mitsubishi Estate Co to a record last year, as a weaker currency led to a surge in bargain-hunting visitors.
Premium outlet …
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
DBS puts 46 retail units, HDB shops on market for S$210 million
US mortgage rates jump above 7% for the first time this year
Far East Shopping Centre back on market at unchanged S$928 million asking price
London mansions sold at 30% discount spell gloom for luxury market
Delfi Orchard up for collective sale at S$438 million guide price
US existing home sales drop in March; median price increases