May 30, 2013

Luxury hotel battles in Osaka

Foreign brand hotels are moving into the Osaka city one after another. United Kingdom-based luxury hotel "Intercontinental Hotel Osaka" will open in June at Grand Front Osaka, a new shopping and business complex, to the north of JR Osaka Station. Because of the recent large-scale development in the area, those hotels expect increasing demand for accommodation among visitors from within the country and abroad. However, competition with the existing hotels will be getting harder.

Increasing number of foreign tourists is one of the reasons for the movement. The number of visitors to Osaka from abroad in 2010 was the highest record of 2,340,000 people. Although it decreased to 1,580,000 in 2011 because of the East Japan earthquake, the number seemed to rebound in 2012.

Launch of LCC (low cost carriers) has increased number of tourists from South East Asia countries. Newly developed facilities for large-sized meeting may also increase visitors from Europe and America who attend international conventions.

“There are needs for luxury hotels in Osaka because the number of those hotels has been fewer than that in Tokyo”, an industry analyst said.

“Although economic recovery has brought demands for hotels, the number of hotels still exceeds those demands. It is required for hotels to propose new and distinctive offerings to attract more customers.”

(May 30, 2013)
posted by atfuji at 19:22 | Commodity

February 05, 2013

Mitsui acquired Paul Stuart luxury brand

2013020501.JPGHigh-end clothing company Paul Stuart Inc. has been sold to Japanese licensee. Mitsui & Co. acquired 100% of the brand’s assets on December 28, the company announced.

The company began importing Paul Stuart’s wares to Japan in 1975 and started licensing the brand in 1991. Last year, annual retail sales of Paul Stuart in Japan were near $133 million. The sales were generated from two flagship stores, 100 department stores and outlets, and an ecommerce site. Mitsui expects to increase the revenue to $231 million in Japan in the next two years.

(9 January 2013)
posted by atfuji at 10:59 | Comment(0) | TrackBack(0) | Commodity

May 10, 2012

Cola for specified health uses sells well

20120512.jpg"Mets Cola" released from Kirin Beverage Company in April 24 this year soled more than 500,000 cases in 2 days, which is 50% of its annual sales target. The cola contains a dietary fiber "digestion resistant dextrin" which is said to block the absorption of fat during meal and then it gained government-certification known as "tokuho", which meant foods for specified health uses. The cola seemed to have won the popularity because of the first certification among cola drinks.

Traditional cola drinks have a lot of calories and sugars. However, Mets Cola is designed for health-conscious adults who is concerned about taking in excessive calories and sugars. The cola doesn't any sugars while keeping fresh taste and refreshing feeling which cola drinks originally have.

According to a survey about specified health use food market by Japan Health Food & Nutrition Food Association, its market size in 20011 was 517.5 billion JPY, which is 5.8% down from that of the last year (549.4 billion JPY). The market peaked in 2007, 679.8 billion JPY. However, a lot of companies continues to release new tokuho products.

May 2, 2012 (J-CAST News)
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May 07, 2012

In-wash Scent Booster market may expand in Japan

20120507.jpgLenor Happiness Aroma Jewel, an in-wash scent booster released from P&G Japan, soled well in Japan beyond its expectation. Within one and a half month, the company sold the inventory of a half year and had to stop shipments. It showed potential expansion of Japanese in-wash scent booster market, an article from Fuji Sankei Business-i reported.

Lenor Happiness Aroma Jewel go directly into the washer to give a fresh scent boost. The strength of the product is that it can adjust the fabric scent by the input while traditional fabric softeners can not do it.

In America, the product is said to win popularity among consumers and gained 8% of market share. However, it was difficult for the maker to estimate the accurate sales volume in Japanese market where a fabric softener is relatively new product.

On the other hand, domestic manufactures are entering into the market. Lion Corporation boosted scent of its liquid laundry detergent and added more aroma variation of its fabric softeners. The company also found out that Japanese consumers were seeking for "better scent of fabrics" rather than "soft touch of fabrics" in fabric softeners. Kao Corporation also released scent booster sprays for fabrics last year.

Expansion of in-wash Scent Booster market will be a great deal of hope for commodity manufactures who is suffering from shrinking domestic demand.

May 7, 2012 (Fuji Sankei Business i)
posted by atfuji at 20:15 | Comment(0) | TrackBack(0) | Commodity