Weakening Yen Boosts Jewelry Sales Among International...
China News
July 24, 2024
The recent depreciation of the yen has made luxury goods, including jewelry, more affordable for international tourists visiting Japan. As a result, many tourists are taking advantage of the favorable exchange rates to purchase high-end jewelry, leading to a surge in sales. Retailers across major shopping districts in cities like Tokyo and Kyoto report increased foot traffic and a rise in high-value transactions.