More closures for Seibu, US confidence rises, Berlin booms, The royal treatment, Couture’s strange beauty

Seibu Yurakucho | Source: theworldmodspb

Seven & I to Shut Seibu Department Store on Sales (Bloomberg) “Seven & I Holdings Co., Japan’s largest retailer, will shut a Seibu outlet on Dec. 25, its third department-store closure in two years as demand slumps for clothes and luxury goods… Department store operators Isetan Mitsukoshi Holdings Ltd. and J. Front Retailing Co. have also shut stores amid falling wages and rising job losses.” U.S. consumer

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