RSS

Tag Archives: timothy schepis and fashion.

Tokyo and Osaka fashion: Mulberry to partner with Isetan Mitsukoshi

Tokyo and Osaka fashion: Mulberry to partner with Isetan Mitsukoshi

Sarah Deschamps and Lee Jay Walker

Modern Tokyo Times

Mulberry in 2011 continues to flourish despite the global recession which hit so many nations. Recent figures released state that sales are up by 44% and this British designed label company is now going to focus more on the Japanese market. Therefore, a partnership was announced with Isetan Mitsukoshi Holdings whereby Mulberry hopes to penetrate the Japanese market.

Timothy Schepis (http://twitter.com/tokyofashndaily)comments on Tokyo Fashion Daily that Through a joint venture that has been in discussions for years Mulberry has agreed to partner with Isetan Mitsukoshi department store for their entry into Japan. The joint venture itself will be a joint ownership between Mammina, a subsidiary of Isetan Mitsukoshi and Club 21.”

“Over the next ten years Isetan Mitsukoshi will open Mulberry shop-in-shops and eventually Mulberry stand alone stores beginning with flagships in Tokyo and Osaka.”

The reputation of Mulberry continues to bloom and according to internal sources it is expected that sales outside of the United Kingdom will be surpassed by sales in other nations within two years. In the past Mulberry did target Japan but the competitive nature of the Japanese market alongside unique business mechanisms, meant that growth was not so high. Therefore, by agreeing terms with a powerful department store in Japan it is clear that Mulberry is serious about developing sales in the Japanese market.

Recent growth is down to many factors but one outstanding fact is the role of Emma Hill because since she became the creative director, then sales and new ideas have worked swimmingly. The autumn/winter collection was in huge demand in both the United Kingdom and internationally and clearly this company is utilizing its rich history and unique style.

John Fox-Clinch in Bristol Business News comments that “While the firm, which celebrates its 40th anniversary this year, has in the past run its own store in Japan, it has not made the kind of strides in the country it has achieved in other parts of South East Asia and the Middle East by working with distributors and retailers.”

“The Japanese expansion will be made with a joint venture vehicle owned by Mulberry’s existing Asia Pacific distributor Club 21 and Mammina Co, a unit of Japanese department store chain Isetan Mitsukoshi Holdings (IMH).”

“Under the agreement IMH, one of the largest department store chains in Japan, is to make ‘shops-in-shops’ space available to Mulberry including its new flagship stores in Tokyo and Osaka ‘on a progressive basis’.”

Mulberry is also going to focus on Australia and Vietnam and clearly this company understands the importance of Asia. However, China and Japan will be the backbone of overall expansion and fashion districts in Tokyo and Osaka provide huge potential.

Godfrey Davis who is the chairman of Mulberry and chief executive outlined the importance of China and Japan. He commented that “The Asia Pacific region represents a significant growth opportunity for the Mulberry brand and these two agreements lay the foundations for an accelerated penetration of the region, especially China and Japan.”

In the short-term, it would appear that “the apple pie” in Tokyo and Osaka is the real potential because other British companies of luxury goods have found the Chinese market taxing. However, Burberry is doing well in China but other companies have been more mixed. Also, despite the mainly negative growth of the Japanese economy since the early 1990s, it is factual that luxury products are still in huge demand. Therefore, the Japanese market, despite many complexities, is much more stable for luxury items and fashion conscious individuals in Tokyo, Osaka, and all over Japan, value luxury fashion brands.

The beauty of “le style Anglais” is that Mulberry focuses heavily on its British identity and local workers are given opportunities. Given this fact, the image of Mulberry is respected because of the business ethics of this company at the local level.

Markets in Tokyo and Osaka are complex and clearly you have huge competition but “le style Anglais” is also unique in itself. Therefore, the next few years will be very fascinating for Mulberry in Japan because now this company is focused more seriously on growing in this nation.

http://www.mulberry.com/ Mulberry

http://www.bristol-business.net/?p=2370 Bristol Business News

http://tokyofashiondaily.blogspot.com/2011/12/mulberry-partners-with-isetan-for-japan.html – Tokyo Fashion Daily

leejay@moderntokyotimes.com

http://moderntokyotimes.com

 
Leave a comment

Posted by on December 14, 2011 in EUROPE, Japan

 

Tags: , , , , , , , , , , , , , , ,

Tokyo fashion: Lumine to open a new store in trendy Yurakucho

Tokyo fashion: Lumine to open a new store in trendy Yurakucho

Michel Lebon and Lee Jay Walker

Modern Tokyo Times 

Lumine in Tokyo – MODERN TOKYO TIMES

The retail fashion expert at Tokyo Fashion Daily, Timothy Schepis, who can be viewed at the following websitehttp://tokyofashiondaily.blogspot.com/, is highlighting the opening of Lumine in Yurakucho which will be open for business on October 28. Lumine is a very trendy fashion store whereby you have many exquisite boutiques which target young ladies in their 20s and 30s.

In Ikebukuro the Lumine store certainly helped to rejuvenate the west side because the boutiques inside are elegant, stylish, lovely quality, and trendy. Also, Lumine is building on from Marui, H&M and other fashionable stores which have opened up in the same Yurakucho and Ginza neighborhood.

Therefore, the demographic make-up of shoppers in Ginza and Yurakucho is reflected by these recent changes and if anything, it really compliments the entire fashion set up of Ginza and Yurakucho. This applies to extremely up market fashion boutiques which are focused mainly on a slightly older client base and this blend of diverse shoppers is creating a fresh buzz.

Timothy Schepis comments that “…the newly redeveloped Yurakucho location will be the 14th for Lumine in Japan and will be the first not to be part of a railway station. At 22,000sqm Yurakucho Lumine will house up to 100 tenants targeting women in their 20s and 30s which make up Lumine`s core customer. Most of the tenants will be fashion brands including United Arrows with the rest of the tenants; cosmetics brands, household goods and restaurants.”

Timothy Schepis is also highlighting the fact that the new store will “be the first not to be part of a railway station” and this is intriguing because it shows either new thinking or realism? Realism applies to retail space available and the fact that the train station isn’t designed for a trendy store of such high quality.

However, surrounding Yurakucho train station you have many exquisite buildings and fashionable areas. Also, with the fame of Ginza and the fact that Ginza and Yurakucho are connected means that a sizeable hub of fashion keeps on growing and this makes good commercial sense for Lumine.

After all, Marui, H&M, and other stores, have already began to alter the nature of fashion in the area. Therefore, Lumine, which is a fantastic company because it moves with the times, clearly saw an opening and the omens look good despite the negativity of the economy of Japan.

It is also noticeable that United Arrows will be a tenant at Lumine’s new fashion store because this company is doing sound business. Timothy Schepis comments that “United Arrows success stems from their strong product merchandising and ability to understand fashion trends and translate them to strong merchandise and sales.”

It is clear that changes are happening in Yurakucho and the surrounding area and this adds to the beauty of fashion in Tokyo because it never remains static. These fresh ideas and new stores opening is what makes Tokyo fashion so special because companies can’t rest, and if they do, then others will simply take their market away from them or reduce their market share.

Lumine and Hankyu will also be connected and this is a continuation of past policies by Lumine. After all, the trendy Lumine store in Ikebukuro on the west side is also connected with Tobu Department Store.  This fact will be a clear winner for both companies and clearly this is a strong safety mechanism.

The new buzz created by Lumine and other companies will certainly add spice to the entire area because other stores like Printemps Ginza focus on a similar market. This competition will create a fresh dimension and Matsuya Ginza and Mitsukoshi Ginza began their “Ginza Fashion Week” on October 19.

The word is out thanks to Timothy Schepis and other fashion experts who provide essential information about Tokyo and Japanese fashion.

http://www.lumine.ne.jp/shinjuku/

http://www.fashion-j.com/E/trend/201010.html

http://tokyofashiondaily.blogspot.com/ – TIMOTHY SCHEPIS  (can be followed on Twitter)

http://tokyofashiondaily.blogspot.com/2011/10/coming-soon-yurakucho-lumine.html

http://www.fashion-j.com/E/trend/201010.html (3rd article from the top shows some images of Lumine in Ikebukuro.)

MODERN TOKYO TIMES IMAGES TAKEN IN LUMINE IN IKEBUKURO

http://moderntokyotimes.com

 
 
Leave a comment

Posted by on October 25, 2011 in Japan

 

Tags: , , , , , , , , , , , , , , , , , , , , ,