Japan's duty-free sales rise in May amid continued tourism recovery
Looks the part, but the middle's still raw. Chew with caution.
Summary
Japanese department stores are seeing a rebound in duty-free sales in May, driven by a sustained tourism boom. This recovery comes after a shaky start to the year, which was impacted by lingering political tensions that kept many Chinese tourists away.
Key quotes
· 3 pulledJapanese department stores are rebounding from a shaky start to the year
Lingering political tensions kept many Chinese tourists away
Japan's duty-free sales climb in May as tourism boom endures
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