Consumer Discretionary

Report by JapanConsuming

Ryohin Keikaku fired a broadside at Uniqlo last month. He confirmed that not only was their new president a former lieutenant of Tadashi Yanai, but that it plans to reduce prices to compete with Uniqlo in apparel and Nitori in homeware. Muji has big plans to become a ¥3 trillion behemoth in just 10 years with more stores in Japan than even discount apparel chain, Shimamura.