Japan is the world’s third largest economy and its consumers are renowned for their strong desire for excellent-quality, precision products. There is therefore no surprise that demand for luxury goods has traditionally been high in Japan, stifled only by economic crises. Now, after 20 years of fluctuating trends during Japan’s bubble economy and the subsequent global financial crisis, confidence is finally being restored by the economic and structural reforms undertaken by the current government, and consumer spending is increasing. Find out more about Japan's luxury goods sector below.
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