Shiseido : news release | Shiseido Opens Duty-Free Store at Narita Airport's New Terminal
April 03, 2015 at 05:26 am EDT
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Shiseido Opens Duty-Free Store at Narita Airport's New Terminal
April 3, 2015, Tokyo---Shiseido (TSE 4911), through its subsidiary The Ginza Co., Ltd., will open a duty-free store at Narita International Airport's Terminal 3, which starts operations on Wednesday, April 8, 2015. The store will be located in the second-floor duty-free zone, Fa-So-La DUTY FREE, of the new terminal building, which has been built to serve low-cost carriers (LCCs). Shiseido is establishing the store to enhance its travel retail (TR) business, which is expanding along with the increase in the number of tourists visiting Japan, with the goal of increasing contact with consumers primarily from Asian countries.
Current situation of TR in Japan
TR, which refers to duty-free business at airports and other locations, is growing in line with the expansion of international travel demand. In 2014, Japan received more than 13 million foreign tourists, a record high, due to the depreciation of the yen and inauguration of LCC services.
Shiseido's TR business in Japan, which consists of 43 stores at 23 airports, is run by its subsidiary, The Ginza Co., Ltd. Because the scope of duty-free items was expanded in 2014 to include cosmetics and the number of inbound tourists has also increased, sales at these stores are rising, up 40%* year on year, and Shiseido claims the No. 1 in-store share* of cosmetics sales.
Shiseido already operates a total of eight stores at Terminals 1 and 2 of Narita Airport. Sales at the five stores located at Terminal 1 and the three stores at Terminal 2 increased by 20%* and 40%*, respectively, year on year.
Shiseido's new store at the Terminal 3 building is in a outstanding location opposite Passport Control: travelers will see the store in front of them as soon as they pass through. Taking advantage of this position, the store has enhanced space for promotions and will stock items available only at the airport.
* Survey by The Ginza Co., Ltd. during the period between October 2014 and February 2015.
Outline of Shiseido's duty-free store
1. Location: In the duty-free zone known as Fa-So-La DUTY FREE, second floor, Terminal 3, Narita International Airport
2. Shop floor size: 19.5 m2
3. Opening date: Wednesday, April 8, 2015
4. Brands offered: A total of 24 brands, including global brands SHISEIDO and ELIXIR
5. Features:
Seasonal promotions and sales promotions of new products
Section for items that are available exclusively at the airport
Limited-edition souvenir assortments that are popular among tourists
Illustration of the store on the second floor of Terminal 3
Passport Control
Shiseido's duty-free store
The Ginza Co., Ltd.
1. Address 7-8-10 Ginza, Chuo-ku, Tokyo
2. Main business Cosmetics business: development, planning, retail and wholesale of original cosmetics;
retail and wholesale of the import brand, Serge Lutens;
retail of Shiseido cosmetics at directly managed stores and airport duty-free stores.
Cotton business: development, planning and retail of facial cotton products.
3. President Nobuo Nabika
Shiseido Company, Limited specializes in the design, manufacturing and marketing of cosmetics. The group offers beauty products (including makeup items, coloring, etc. ; Shiseido, Aupr's, DQ, Za, Revital Granas, B?n?fique, Maquillage and Elixir), skin care products (skin creams, bath and shower gels, shampoos, etc. ; Aqua Label, Integrate, Tsubaki and Uno), perfumes (Issey Miyake, narciso Rodriguez, Elis Saab and Azzedine Ala?a) as well as professional products (Joico, Decl?or and Carita).
Net sales are distributed geographically as follows: Japan (32.9%), China (25.6%), Asia and Oceania (6.4%), Europe/Middle East/Africa (10.3%), Americas (9.9%) and other (14.9%).