Thursday, 16th September 2010
In Business In Japan,
Top Shop to build Japanese presence
Fashion chain Top Shop is set for expansion in Japan with the opening of a new flagship store in the capital.
The Agence France-Presse news agency reports that Top Shop will open its biggest Japan store in the Shinjuku shopping district.
Citing the Nikkei business newspaper, the news provider noted that the new store will have around 1,000 square meters of retail space.
Further new stores look set to be opened in other cities across Japan over the course of the next year, the newspaper added.
Indeed, up to 15 stores could be built across the country within the next three years, as part of a wider effort to extend the brand's presence in the country.
Despite some concerns over Japan's rate of economic growth, some businesses are still investing in the country. The Financial Times reports that Barclays Capital is one such business that has been expanding its presence in Japan.
Written by Mark Smith