Japanese fears about soaring discounts (The Malaysian Insider)
November 24, 2009 / Author: / Category: Jean NewsTOKYO, Nov 25 — In March, low-cost apparel chain Uniqlo rolled out a line of jeans at its discount outlets for the then ridiculously low price of 990 yen (RM37.79) a pair. Last month, discount retailer Don Quijote began selling its own brand of jeans at the unheard-of price of 690 yen each. The plunging prices of jeans in recent months epitomise Japan’s latest bout of deflation, which the …
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Japanese fears about soaring discounts (The Malaysian Insider)
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