News

Japan’s department store sales fall

Jewellery sees a fall of 6.4 %

diamond world news service

Japan’s department stores have seen a fall in their sales, which valued to a total of JPY524.0 billion ($5.19 billion) according to data released by the Japan Department Stores Association. The dip in sales was 4.7 percent, as per same-store totals.

Of the sales, clothing which normally dominated sales, fell by 4.8 percent. The sale of luxury goods has been on a decline owing to the economic situation, jewellery reduced by 6.4 percent, while household goods dropped still further by 12.4 percent. The sales in Tokyo’s department stores slipped by 4.6 percent to JPY132.56 billion ($1.31 billion,) in September, and this accounted as the seventh consecutive monthly of reduced sales.


Follow DiamondWorld on Instagram: @diamondworldnet
Follow DiamondWorld on Twitter: @diamondworldnet
Follow DiamondWorld on Facebook: @diamondworldnet

GIA Announces New Colored Stone Reports and Expanded Origin Services Effective January 2026

Belgian Princess Delphine Collaborates with BAUNAT on Diamond Jewellery Collection

Cindy Chao Unveils New Black Label Masterpiece Inspired by Nature’s Cycles

Jacob & Co. and K-pop artist G-Dragon launch limited-edition PEACEMINUSONE earrings

108.39 carat pink diamond recovered at Kao mine, Lesotho