TOKYO -- Japan's Ryohin Keikaku, owner of lifestyle brand retailer Muji, reported 15% growth in revenue from its Chinese business in the year through August, though the company said demand is cooling as concerns over the country's economy grow.
Ryohin Keikaku says Chinese consumption is 'dynamically changing'
Sales at Muji's existing stores in China show that consumers are becoming less willing to spend. © Reuters
TOKYO -- Japan's Ryohin Keikaku, owner of lifestyle brand retailer Muji, reported 15% growth in revenue from its Chinese business in the year through August, though the company said demand is cooling as concerns over the country's economy grow.