China Travel Curbs Hit Japan Duty-Free Sales in December
Duty-free sales at Japan’s leading department store operators fell sharply in December, highlighting how prolonged geopolitical tensions with China are weighing on the retail sector.
By Kanoko Matsuyama · Bloomberg Markets
Duty-free sales at Japan’s leading department store operators fell sharply in December, highlighting how prolonged geopolitical tensions with China are weighing on the retail sector.