floortok

Journal

·
News

Matsuya's July sales inch up 1.1% at its Ginza-Asakusa flagships, as tax-free cosmetics and luxury goods keep accelerating

Matsuya's Ginza and Asakusa stores managed just 1.1 per cent combined sales growth in July, the company said, even as tax-free cosmetics and luxury-goods sales kept climbing far faster.

Editorial illustration of shoppers carrying bags past a Ginza department store shopfront with shoe and handbag displays, all figures seen from behind.
Illustration by floortok.com

Matsuya's Ginza and Asakusa department stores posted combined sales up 1.1 per cent year on year in July, the company said in a preliminary sales report, as tax-free cosmetics and luxury-goods sales kept accelerating far faster than the flagship total.