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July 16, 2024
 

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LUXURY GOODS

An employee checks on items at a Komehyo store in Nagoya.
BUSINESS / Companies
Jul 16, 2024
Thrift store operator Komehyo pushing to expand business overseas
The company hopes to become the world's top retailer of secondhand luxury brand items by tripling its overseas sales in four years.
Several examples of rare and expensive fruits at Melissa’s Produce in Los Angeles on May 22.
BUSINESS
Jul 3, 2024
The world of luxury fruit: Does a $156 melon taste sweeter?
The United States is developing an appetite for luxury fruits long known in countries like Japan and South Korea.
To be the best of the best, according to the exclusive Relais & Chateaux group, Japan's 'ryokan' inns need to leave guests with "a transcendental feeling."
LIFE / Travel
Jun 29, 2024
To Relais & Chateaux, not all ‘ryokan’ inns are created equal
In Japan, this exclusive association has partnered with just 13 hotels and traditional 'ryokan' inns and seven stand-alone restaurants spread across the country.
The Dior investigation focused on four suppliers employing 32 staff who worked in the surroundings of Milan, two of whom were immigrants in the country illegally while another seven worked without the required documentation.
BUSINESS / Companies
Jun 11, 2024
LVMH's unit put under court administration in Italy over labor exploitation
A probe alleged that the Italian subsidiary, which makes Dior-branded handbags, had subcontracted work to Chinese-owned firms that mistreated workers.
Hakone in Kanagawa Prefecture will host one of three ryokan Hyatt is set to launch with Kyoto-based developer Kiraku in 2026.
BUSINESS / Companies
Jun 2, 2024
Hyatt doubles down on Japan with line of luxury ryokan
The first three locations are scheduled to start opening in 2026 in Kanagawa, Oita and Kagoshima prefectures.
Counterfeit nail products branded with the logo of Louis Vuitton
JAPAN / Crime & Legal
May 28, 2024
Aichi woman referred to prosecutors for selling counterfeit nail products
She allegedly sold nail products bearing the logos of luxury brands such as Louis Vuitton and Chanel via social media and flea market apps.
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
JAPAN / Society
Apr 26, 2024
Japan wants you to spend more with ‘luxury tourism’
The country is looking to nudge affluent tourists to lesser-known destinations with the offer of unique experiences of culture, craftsmanship and nature.
This pure gold tea bowl was stolen last week during a department store event and has been found at an antique shop in Tokyo.
JAPAN
Apr 16, 2024
Stolen pure gold tea bowl recovered at Tokyo antique shop
During the exhibition, the pure gold tea bowl was on display with no lock or alarm system.
Masafumi Kurisaka shows off a box of luxury Sakura Momo Ichigo strawberries, which can fetch a hefty price at auction.
COMMUNITY / Our Lives / 20 QUESTIONS
Apr 15, 2024
Masafumi Kurisaka: 'The fewer the flowers, the bigger the strawberry'
Masafumi Kurisaka turned his back on a corporate job to go into the family business: luxury strawberries that fetch a hefty price.
Peru's President Dina Boluarte, who is facing an inquiry into possible illicit enrichment and failure to declare ownership of luxury watches, addresses the audience during an assistance program for the elderly, in Lima on Feb. 22.
WORLD / Politics
Apr 3, 2024
How Rolexes put Peru's presidency at risk
Dina Boluarte is under investigation for illicit enrichment for possessing luxury timepieces watches without proving how she got them.
High-end tourism is becoming more about the kinds of experiences that Japan's lesser-known places can provide.
LIFE / Travel / Longform
Mar 25, 2024
Can Japan lure the jet-set class off the beaten path?
High-end travelers are looking for sustainability, wellness and adventure when they head abroad. Japan hopes to deliver in places other than Tokyo.
Takazumi Kominato's compan, Neo Reverse, ran a rental service called Toke Match, through which luxury watches are borrowed from owners and renting out to others for a fixed fee based on their value.
JAPAN / Crime & Legal
Mar 7, 2024
Tokyo police seek former boss of luxury watch rental firm over alleged embezzlement
The suspect, who is believed to have fled Japan, allegedly sold borrowed timepieces without permission from their owners.
South Korea's President Yoon Suk-yeol and his wife Kim Keon-hee have been plunged into controversy after hidden camera footage emerged appearing to show Kim accepting a Dior bag as a gift.
ASIA PACIFIC / Politics
Jan 24, 2024
'Dior bag scandal' mars South Korean ruling party before election
The controversy over the apparent acceptance of a gift by his wife may threaten Yoon Suk-yeol's bid to reclaim a parliamentary majority in April's election.
Foreign tourists take pictures in Tokyo's Asakusa district in November.
BUSINESS
Dec 20, 2023
Japan’s post-pandemic tourists shift spending to crafts and jewelry
Average spending on traditional handicrafts per visitor was ¥13,338 ($92) in the July-September quarter, up 80% from the same period in 2019.
What makes a good gift guide? The answers are as varied as they are complex.
LIFE / Lifestyle
Dec 16, 2023
The naughty and nice of creating holiday gift guides
The most shoppable gift guides, some say, suggest products that are novel but useful, surprising but thoughtful, affordable but not cheap.
A Tiffany store in Shanghai. Luxury companies are targeting VIC's, or very important clients, as China's post-pandemic economic slowdown dries up the spending power of the middle class.
BUSINESS / Economy
Nov 20, 2023
Exclusivity the name of the game as firms target China's wealthiest
Brands are focusing on selling fewer, more valuable items, relying on luxury consumers.
In addition to its regular whiskies, Suntory is released a limited-edition 100th Anniversary Hibiki blend retailing at $5,000 per bottle.
LIFE / Food & Drink
Nov 5, 2023
A century of Suntory's whisky mastery costs $5,000 per bottle
Suntory's 100th anniversary blends are already selling for double their original retail prices online.
A farmer harvests jasmine flowers on the outskirts of Madurai, India. Jasmine has been used for millennia in India to honor the gods, and the valuable scent is now being snapped up as an essential ingredient for global perfumes.
BUSINESS / Companies
Aug 16, 2023
Scent of luxury: India's jasmine infuses global perfume
Jasmine's fragrant flowers have been used for millennia in India to honor the gods, and the scent is a key part of world-famous perfumes.
Japan Times
BUSINESS / Economy
Jul 19, 2023
Why China could become the luxury industry's next sore spot
The luxury goods industry has relied heavily on China and North America for growth in recent years, but latest figures suggest both markets may be starting to slow.
Japan Times
BUSINESS / ANALYSIS
May 5, 2023
Fewer luxury shoppers but bigger spenders as Chinese return to Europe
Those trickling back to Europe are mostly business travelers and wealthier people who have the means to travel 'a bit differently.'
Who needs AI when you have Hatsune Miku?
Over the first six months of 2024, a handful of songs using Vocaloid singer Hatsune Miku’s voice have enjoyed widespread attention, underlining a global interest in the character and the technology she represents.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
Shooter came within inches of killing Trump, but left few clues as to why
An aerial view shows the stage where Republican presidential candidate and former U.S. President Donald Trump had been standing during an assassination attempt the day before, and the roof of a nearby building where a gunman was shot dead by law enforcement, in Butler, Pennsylvania, on Sunday.
Yen’s woes seem too big for even a BOJ hike this month to solve
The Bank of Japan headquarters in Tokyo
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

Podcast

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