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April 24, 2024
 

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JEWELRY

Foreign tourists take pictures in Tokyo's Asakusa district in November.
BUSINESS
Dec 20, 2023
Japan’s post-pandemic tourists shift spending to crafts and jewelry
Average spending on traditional handicrafts per visitor was ¥13,338 ($92) in the July-September quarter, up 80% from the same period in 2019.
A Tiffany store in Shanghai. Luxury companies are targeting VIC's, or very important clients, as China's post-pandemic economic slowdown dries up the spending power of the middle class.
BUSINESS / Economy
Nov 20, 2023
Exclusivity the name of the game as firms target China's wealthiest
Brands are focusing on selling fewer, more valuable items, relying on luxury consumers.
A Tasaki jewelry store in Ginza, Tokyo
BUSINESS / Companies
Nov 2, 2023
MBK Partners to sell jewelry brand Tasaki for over $500 million
Alleged trade with Myanmar has limited the scope of potential bidders, sources said.
The Cards series of aluminum statement earrings, designed by Kanako Matsuo and manufactured by Marushin Industrial Co. Ltd’s in-house brand Alart, each comprise five pieces that can be hung on loops in any combination.
LIFE / Style & Design
Jul 22, 2023
Summer is the season of playful design debuts
June's Interior Lifestyle Tokyo international trade fair was filled with objects designed to spark a little joy in life.
Japan Times
BUSINESS
Sep 17, 2022
Russia’s secret gem sales are dividing the diamond world
Many in the industry refuse to deal in Russian gems following the invasion of Ukraine and after mining giant Alrosa was hit with U.S. sanctions.
Japan Times
BUSINESS / Economy
Aug 19, 2021
Japan appears poised to join the laboratory-made diamond party
Sold for around half the price of a similar natural gem, diamonds grown in labs are made inside a microwave chamber, superheated into a glowing plasma ball that crystallizes over weeks.
Japan Times
CULTURE / Art
Nov 29, 2020
Fighting coronavirus in luxurious style with ¥1 million masks
One Japanese firm is selling masks embellished with a 0.7 carat diamond and more than 300 pieces of Swarovski crystal.
Japan Times
BUSINESS
Feb 21, 2020
L Brands to sell majority stake in Victoria's Secret; CEO to step down
L Brands Inc. said Thursday it will sell a controlling stake in its Victoria's Secret unit to investment firm Sycamore Partners, valuing the lingerie brand at $1.1 billion (¥123 billion), as it focuses on its core Bath & Body Works brand.
Japan Times
WORLD / Crime & Legal
Dec 17, 2019
Burglars nab jewelry worth $64 million from British model Tamara Ecclestone
Tamara Ecclestone, the daughter of former Formula One boss Bernie Ecclestone, has had an estimated £50 million ($64 million) worth of jewelry stolen in an audacious raid from her west London home.
Japan Times
BUSINESS
Nov 25, 2019
France's LVMH close to $16.3 billion deal to buy Tiffany after sweetening offer: sources
LVMH is close to buying U.S. jewelry chain Tiffany & Co. for about $16.3 billion after sweetening its offer, sources said on Sunday, as the owner of Louis Vuitton and Bulgari aims to tap the fast-growing luxury jewelry market.
Japan Times
WORLD
Apr 26, 2019
Largest uncut diamond in recent history found in Botswana mine
Lucara Diamond Corp. has unearthed the largest uncut diamond in recent history in its Karowe mine in Botswana, the Canadian company said on Thursday, beating its own record discovery from November 2015 that it struggled to sell for nearly two years.
BUSINESS / Companies
Feb 15, 2019
IPO of Japanese jewelry retailer Primo weighed by its owner
Longreach Group, the buyout firm founded by former UBS Group AG investment banker Mark Chiba, is considering an initial public offering of its jewelry business Primo Japan Inc., people familiar with the matter said.
Japan Times
COMMUNITY / Our Lives / 20 QUESTIONS
Jan 26, 2019
Maho Kato: Living life by nature's design
Drawing from nature and past experiences, jewerly maker Maho Kato says don't fear failure to live life to the fullest.
Japan Times
BUSINESS / Tech
Apr 27, 2018
IBM ties up with Asahi Refining and others on blockchain tech to track jewels from mine to store
IBM Corp., a group of four gold and diamond industry companies, and an independent laboratory are developing a blockchain network for tracing the provenance of finished pieces of jewelry from mine to store.
Japan Times
BUSINESS
Feb 23, 2018
How an Indian bank's $1.8 billion fraud went unnoticed
The Punjab National Bank branch in south Mumbai sits just down the road from both the Bombay Stock Exchange and the Reserve Bank of India, at a physical center of one of the world's fastest-growing major economies.
Japan Times
LIFE / Style & Design / ON: DESIGN
Jul 2, 2017
'Most wanted' in Japanese design
The Interior Lifestyle Tokyo trade fair, an annual event held in June at Tokyo Big Sight, always showcases an impressive number of Japanese participants. This year, On Design picks its favorites from the fair's 'Wanted' special exhibition of designers looking for collaborators or overseas distributors.
Japan Times
BUSINESS
May 1, 2017
Jewelers in Japan's Yamanashi Prefecture boosting sales in Asia
Small and medium-size jewelry makers in Yamanashi Prefecture are expanding their sales in other parts of Asia on the back of growing demand, with their techniques and designs hailed widely in China and elsewhere in the region.
Japan Times
LIFE / Style & Design / ON: DESIGN
Feb 4, 2017
Put the pedal to the metal for Valentine's Day
If you haven't sorted out your loved one's special gift yet, On: Design this month has mined a few new ideas from Japan's metalworking industry.
WORLD / Crime & Legal
Jan 19, 2017
Thief makes €15 million jewelry heist in Cannes
A robber brandishing a pistol and a grenade stole diamonds worth €15 million ($16 million) on Wednesday in the French Riviera town of Cannes and calmly escaped on foot, a regional prosecutor said.
Japan Times
LIFE / Digital / ON: TECH
Sep 17, 2016
Crowdsourcing design and tech
Designing jewelry just for fun
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Japan’s cannabis market growing rapidly amid regulatory shift
The legality of products that contain cannabinoids, a group of substances derived from the cannabis plant, has been somewhat murky in Japan.
An AI star seeks to bring self-driving cars to Japan by 2030
Japanese startup Turing plans to unveil a self-driving car with at least 30 minutes’ driving range next year and develop a fully autonomous car by 2030.
Tokyo issues strong warning on yen intervention as currency dips further
Finance Minister Shunichi Suzuki speaks during a meeting with U.S. Treasury Secretary Janet Yellen and South Korean Finance Minister Choi Sang-mok on the sidelines of IMF and G20 meetings in Washington last week.
The story isn't over for Japan's bookstores
Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
New workers name Shohei Ohtani as 'dream boss' for two years running
Shohei Ohtani has been overwhelmingly voted as the “dream boss” for people who started working in April, according to a survey.
A craft beer crawl through Tokyo’s top bars, brewpubs and dives
If all you drink is Asahi, Sapporo and Kirin, you're depriving yourself of some of the best craft beer Tokyo has to offer — and there sure is a lot of it out there.
'Sugar Baby Riri' gets nine-year prison term over romance scam
Mai Watanabe, who went by the moniker “Sugar Baby Riri,” dated older men and swindled them out of money by telling them fictitious heartbreaking stories about herself to gain their sympathy.
Tsukiji 2030s: A stadium, culinary center and transportation hub
A computer-generated image shows redevelopment plans for the former site of the Tsukiji fish market in Tokyo.
Hearing the impact of climate change in Okinawa, one bird call at a time
Toshihiro Kinjo (center), a research support technician at the Okinawa Institute of Science and Technology, inspects an audio recording device in Ginowan, Okinawa Prefecture, on April 3 as Masako Ogasawara, a research support specialist at OIST, looks on.

Podcast

From easily navigable train stations to the helpfulness of its municipal staff, Tokyo has earned high praise for its commitment to accessibility for disabled travelers.
[Rebroadcast] Japan is doing better on accessibility than you may think

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores
By Alex K.T. Martin

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