Versace quitting Japan after nearly 30 years

Thursday 08th October, 10:58 AM JST

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timorborder at 12:48 PM JST - 8th October

Louis Vuitton on the ropes in Japan? Would never have believed it. Perhaps the economic situation in this country is a lot worse than the commissars at NHK would have everyone believe.
nandakandamanda at 01:11 PM JST - 8th October

Er... timorborder, LV does indeed get a very small mention at the end of the article, but hardly "on the ropes" as you say. They just cancelled plans to open one of their largest shops in Japan...
youngman1970 at 03:06 PM JST - 8th October

Much cheaper Price for LV in other area since Japanese Yan is too strong. Japanese will go out to purchase, at the same time no tourist come to shop.
youngman1970 at 03:12 PM JST - 8th October

Fake / copy products should not be a problem since real LV or luxury fans will only buy genuine products.
Wakarimasen at 03:21 PM JST - 8th October

No more money.
PepinGalarga at 09:08 PM JST - 8th October

Versace really never stood out as a luxury brand in Japan. When younguns have the cash they always buy LV or Gucci first. If its not that, then they go for the newest fad as outlined in one of those monthly 500-page beauty magazines.
presto345 at 10:00 PM JST - 8th October

More and more people are becoming aware that although big names guarantee quality and status, the inflated prices are not worth it.
Betting at 10:02 PM JST - 8th October

I know plenty of Japanese both young and old that head off to Korea for their fix of Korean food and "super copies" as they call them.

But as for the comment, " ...the existing Japanese shops are no longer consistent with the image of the Versace brand". Does anyone here have real experience of Versace in other countries and knows how they differ to what is found in Japan? That might be quite interesting.
Pukey2 at 10:40 PM JST - 8th October

Millions of female parasite singles and obasans must be crying. Millions of others have realized what a waste of money it all was.
presto345 at 10:49 PM JST - 8th October

Millions of female parasite singles and obasans must be crying

Millions. A highly inflated estimate.
usaexpat at 11:32 PM JST - 8th October

Smart move this country is on it's way back to being a nation of rice farming peasants.
bobbafett at 12:55 AM JST - 9th October

Uniclo is the new glamor Brand for near bankrupt Japan.
rajakumar at 02:33 PM JST - 9th October

Versace is no Louis Vuitton(LVMH) or Bernard Arnault(14th richest in world).
asianyetgaijin at 02:43 PM JST - 9th October

I just hope it won't be replaced by 'Paris Hilton' sort-of brand .......
cwhite at 12:04 AM JST - 11th October

ah yes, I lost some business to LVJ.... at least A&F dropped by in its place...