Japan’s Fast-Fashion Frenzy (JC Report)
“Japanese consumers have fallen head over heels for cheap clothing and may never turn back.”
The Gap’s Resurgence: Great Start to the Holiday Season (Seeking Alpha)
At Gap, “spending is up significantly” for November 2008 compared to last November.
Retailers Will Find It Hard to Keep Shoppers’ Attention This Year (Seeking Alpha)
Though Black Friday sales were impressive in the US, many analysts think that consumers wouldn’t be able “to sustain their buying frenzy for the duration of the holiday season.”
People lining up to purchase goods at Topshop in Tokyo, photo courtesy of jcreport.com.