Takashimaya from Japan is looking for an Asian balance

Publication

10 June 2018 à 12h55

Updated on 10 May 2019 à 17h02

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1 minute

Publication: 10 June 2018 à 12h55, Updated on 10 May 2019 à 17h02

Reading time: 1 minute

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Publication

10 June 2018 à 12h55

Updated on 10 May 2019 à 17h02

Reading time

1 minute

Publication: 10 June 2018 à 12h55, Updated on 10 May 2019 à 17h02

Reading time: 1 minute

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If the Takashimaya department store in Singapore (Orchard Road) is reportedly earning more than US$27 million per year, the Shanghai unit should report a loss for a 7th consecutive fiscal year to February 2019. The earning potential has been plagued by delays in completing surrounding projects, reducing visitor numbers and lowering expected corresponding sales. Administration costs have exceeded the budget. In Vietnam, the Ho Chi Minh City store struggled from the launch in 2016, apparently...

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