business

Japan's Shoppers Spend More on Luxuries as Deflation Fades

The Shift in Japan's Consumer Mentality: A New Era of Spending The recent success of JINS Holdings, Japan's largest eyewear maker, marks a significant turning point in the country's consumer mindset.

After decades of living through deflation and stagnant prices, Japanese shoppers are finally willing to pay more for everyday items – including luxury spectacles.

This shift is not limited to high end glasses; consumers are reassessing their spending habits and increasingly willing to splurge on little luxuries like lenswear.

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