ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronEye IconIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintSite TitleTitle ChevronIcon Twitter
Business

China's top shoe retailer to open Japan store

TOKYO -- Belle International Holdings, China's biggest shoe retailer, will open in late August its first store in Japan under its mainstay Staccato women's footwear brand. The new store will be located in the Lumine Est Shinjuku shopping mall in Tokyo.

     The company plans to open more than 50 stores in Japan over the next few years.

     The shop will offer shoes designed by staff in Hong Kong and Italy. Prices will be about 15,000-20,000 yen (around $150-200). Belle International aims to achieve sales of 10-20 billion yen annually in Japan.

     Belle International has more than 19,000 shoe stores in China.

     The company in August 2013 became the largest shareholder in Baroque Japan, a Japanese retailer of women's clothes, when it acquired 31.96% of the stock.

     The two companies will jointly develop design and products for the Japanese market and manufacture products primarily in China for export to Japan. They also plan to manufacture some of their products in Japan as early as next year.

(Nikkei)

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this monthThis is your last free article this month

Stay ahead with our exclusives on Asia;
the most dynamic market in the world.

Stay ahead with our exclusives on Asia

Get trusted insights from experts within Asia itself.

Get trusted insights from experts
within Asia itself.

Get Unlimited access

You have {{numberArticlesLeft}} free article{{numberArticlesLeft-plural}} left this month

This is your last free article this month

Stay ahead with our exclusives on Asia; the most
dynamic market in the world
.

Get trusted insights from experts
within Asia itself.

Try 3 months for $9

Offer ends April 30th

Your trial period has expired

You need a subscription to...

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers and subscribe

Your full access to the Nikkei Asian Review has expired

You need a subscription to:

  • Read all stories with unlimited access
  • Use our mobile and tablet apps
See all offers
NAR on print phone, device, and tablet media