TOKYO - Japanese department stores are expanding high-end offerings, many priced above 1 million yen (S$11,365), ahead of the Chinese New Year holidays to capture the hearts of the growing number of visitors from abroad.
Takashimaya's Shinjuku store will bolster its lineup of cast-iron kettles. The most popular items are priced at around 100,000 yen to 200,000 yen, but the store will also start selling a kettle costing 1.29 million yen. It will also offer pricier jewelry, such as necklaces selling for 1.4 million yen.
Daimaru Matsuzakaya Department Stores will launch a 1 million yen lucky bag, containing a random combination of a diamond ring and necklace, at its Matsuzakaya Ueno store Feb. 18. Items in the bag would usually sell for twice as much.
And Isetan Mitsukoshi will start offering new wool-and-silk-blend suits designed specifically to fit Chinese men at its Mitsukoshi Ginza store. Made at a domestic plant for the D'urban menswear brand, they will carry a 140,400 yen price tag.
Citizen Watch is launching more products costing around 50,000 yen. "Many tourists buy several of these watches" as souvenirs, a company representative said. Citizen will start selling a gold watch with a leather band, a favoured design among foreigners, in April.
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