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Japan's largest chain of duty-free shops has closed half of its stores. What is the current situation of the duty-free industry?
Due to the epidemic, foreign tourists dropped sharply, and Japan's largest chain of duty-free shops closed half of its stores. Now the duty-free industry is really as bleak as tourism. Because of this epidemic, the National Tourism Administration announced that it would suspend its tourism business from the end of June this year to May 438+1October, and the outbound tourism industry has not started to resume work until now1-July. The suspension of outbound tourism will be extended to the end of this year or next year, depending on the epidemic situation.

If there is still the possibility of cluster infection, and the epidemic situation is likely to be large, the outbound tourism industry may just be suspended. Because of the epidemic, Japanese tourists have decreased, and the purchasing power of Japanese duty-free shops has decreased, which has increased the pressure on unprofitable duty-free industries.

Before the outbreak, everyone liked to travel to Japan. Japan gives people the impression that it is clean and Japanese, and many tourists like to eat, drink and have fun. Japanese duty-free shops have cosmetics, brand-name handbags and watches. And Japanese brands of home appliances are also very famous. Many tourists from China and other countries like to buy products from Japanese duty-free shops.

However, due to the epidemic, overseas tourism could not be carried out, and the number of local Japanese tourists decreased a lot. Duty-free shops for household appliances are mainly supported by foreign tourists, especially those from China. Nowadays, the sharp drop in tourists has also led to unsatisfactory sales of duty-free shops. Duty-free shops with many stores are under great pressure in terms of rent and employee salaries, and have to close some stores to ease the financial pressure.

Buyers in the duty-free goods industry have always been mostly foreign tourists, because some brands will be more expensive to buy in your own country, and since you have traveled to this country, you will definitely buy what you want in duty-free shops. But also because of the epidemic, these have become very difficult. I really hope that the epidemic situation can be stabilized quickly, and a vaccine to control the epidemic situation can be found, so that everyone can travel and shop happily.