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The Japanese LVMH That Never Was
April 4 @ 12:30 pm - 2:00 pm JSTFree
Great brands. Stunning hotels. Fantastic restaurants. Amazing craftsmen. Original beverages. The refined clientele that can appreciate sophistication. And the best global image there is. When it comes to luxury, Japan has it all. A very original example of a country having both a global popular and sophisticate culture, it could have created champions of luxury the way France did with LVMH, Kering or Richemont. Shiseido cosmetics, Mikimoto pearls, a Gora Kadan ryokan, an Issei Miyake could have bonded together with enough firepower to be global titans.
Sadly, the Japanese luxury industry seems to be decaying under our very eyes, while LVMH has never had it better in Japan. Not only are foreigners capturing the natural audience of Japanese brands ; they now plan to beat them at their own products : Former LVMH people make sake, and Hyatt opens ryokans. What is missing in Japan to create the same wealth recipe?
What makes LVMH both a stunning success in Japan and a mirror of Japan’s fallacies? Why has there never been a Japanese LVMH?
Our Guest Speaker-
Regis Arnaud has lived and worked in Japan for 27 years. He is the correspondent in Japan for French newspaper Le Figaro, Challenges, and editor of the Japanese-French magazine France Japon Eco. He also write regularly for Toyo Keizai, He is the co-author of Carlos Ghosn, The Fugitive (Toyo Keizai edition).