Highlights
Japan Retail: Higher rates meet an uneven fashion recovery
Against a backdrop of renewed price pressures and a weaker yen, the Japanese fashion market has experienced an uneven recovery. Interest rates have continued to rise, and consumer confidence remains subdued. Within the fashion sector, clothing inflation has outpaced that of footwear. Commercial sales also diverged, with textile sales enjoying a strong rebound, whereas apparel and accessories only returned to marginal growth. Meanwhile, despite falling volumes, footwear import value held up, supported by higher average prices
Premium ContentKering promotes Sophie Maddaloni to General Secretary
The luxury group has appointed Sophie Maddaloni as General Secretary of the Group, placing her on the Executive Committee and giving her oversight of the legal, control, audit and security functions



































