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Japanese Jeans Industry Gains Interest In Devaluation Of Japanese Yen

2013/4/23 11:22:00 30

Apparel IndustryClothing Industry

< p > Japan's cowboy a target= "_blank" href= "//m.pmae.cn/" > dress "/a" has always been considered the best quality in the world. Of course, such good quality is bound to be accompanied by high prices, which has become one of the concerns of many potential buyers. However, the repeated devaluation of Japanese yen in recent months has provided an excellent purchase opportunity for these buyers, and has also greatly promoted the export of the Japanese cowboy industry.

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Since the prime minister Shinzo Abe has been in power, his bold strategy in the economy has resulted in a nearly three year low of the yen against the US dollar, and the Normura Securities released in March predicted that the yen would continue to fall.

By the end of this year, the yen to the US dollar is expected to fall to 106:1 at the end of 102:12014.

Fast Retailing group recently announced that the depreciation of the yen brought about a substantial increase in the first quarter, and correspondingly raised the net profit and sales expectation for the whole year.

Takeshi Okazaki, group vice president of Fast Retailing, said that as the yen continued to fall, the group might choose to lower the corresponding price, while the group's exports showed a substantial growth trend.

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< p > cowboy < a href= "//m.pmae.cn/news/index_f.asp" > dress > /a > producer Kaihara is Uniqlo, Levi "s", Gap, J.Crew, "Gap", "denim" and so on brand denim apparel, brand operation director, said that the Japanese yen devaluation, driven by the increase in the number of international buyers.

Although the depreciation of the Japanese yen has played a great role, Japan's a href= "//m.pmae.cn/news/index_f.asp" > denim dress < /a > its high quality is also a factor that can not be ignored. It is because of the global trust and love for Japanese cowboy costumes that such a large-scale purchase can be raised.

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