Sales Of Duty-Free Goods In Japanese Department Stores Declined Or Attributed To Chinese Buyers

April National department stores Duty-free goods The sales volume of was 9.3% lower than that of the same period last year, the first year-on-year decline in nearly three years and three months. This may be due to the impact of China's tariff hike on goods purchased overseas and the recent appreciation of the yen, which has led to the cooling of Chinese tourists' "explosive buying". In particular, the sales of high priced goods such as jewelry and watches were sluggish.

The number of foreign tourists visiting Japan shopping in department stores increased by 7.8% year on year, maintaining a good trend, but the per capita consumption decreased by 15.9% year on year. Jin Neizhe, the special director of Japan Department Store Association, also said that "the per capita consumption will decrease, and may still be lower than the same period last year", thinking that“ Explosive purchase ”The peak demand may have passed.

From different regions, Tokyo 10 major cities including Osaka and 18 other regions in total showed negative growth. This is the first time since the base effect before the consumption tax increase led to a total decline in March last year. Affected by the Kumamoto earthquake, sales in Fukuoka fell by 5.2%, and in other regions of Kyushu by 12.9%.

In terms of different commodities, clothing dropped 6.3%, and daily necessities such as shoes and bags dropped 6.0%. Artwork and jewelry also declined 7.1%.

At the same time, the sales of national department stores (based on the original stores), including duty-free goods, released by the Association, declined by 3.8%, showing negative growth for two consecutive months. The appreciation of the yen and the decline of the stock market hit consumers' desire to shop.