TOKYO -- Duty-free sales at Japanese department stores increased 2.8 times on the year in October to a record 38.3 billion yen ($258 million), the Japan Department Stores Association said Friday.
Weak yen fuels demand for luxury items among foreign visitors in October
A Takashimaya department store in Tokyo. Japanese department stores logged their largest monthly duty-free sales in October since tracking began in 2014. © Reuters
TOKYO -- Duty-free sales at Japanese department stores increased 2.8 times on the year in October to a record 38.3 billion yen ($258 million), the Japan Department Stores Association said Friday.