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Coexisting with the epidemic for two years, the Japanese market demand is weak and stagnant
Weak domestic demand and weak consumption restrict the development of Japanese apparel retailing
The superposition of various factors has led to a sluggish consumption of textiles and clothing in Japan. Japan is one of the most important traditional retail markets for textiles and clothing in the world, but compared with the United States, the European Union, China and other regions, its retail market is highly dependent on foreign countries, its own market volume is relatively limited, and after the collapse of the bubble economy, it has been a long-term Constrained by weak consumption, the Japanese market has been in a state of weak demand after the outbreak, and the development of textile and apparel consumption has stagnated. Although the Japanese government is also working hard to issue cash subsidies through a series of measures, such as implementing a supplementary budget, to stimulate economic development and boost consumption, the main beneficiaries are machinery and equipment, medicine and health, fuel and energy, including clothing. Retail sales of consumer goods, including apparel, are still showing little improvement.
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