Why Japan’s Isetan Mitsukoshi is entering the Philippine retail market

Despite the growing popularity of the country’s online retail industry, one thing remains constant: brick and mortar stores are here to stay. In fact, NEDA, the Department of Finance and Nielsen have reported that prospects for the retail industry remain positive, bolstered by economic growth and strong domestic demand. As consumers become aware of local and international trends, their purchase decisions have also evolved from simply transactional to more experiential. The positive industry outlook for Philippine retail prompted foreign retailers to partner up with local companies and establish their presence in the Philippines. One of the latest retailers that aims to elevate the Philippine shopping experience is Isetan Mitsukoshi Holdings, Ltd., one of Japan’s largest department store groups.

Discover a whole new world of beauty at Mitsukoshi Mall

Mitsukoshi Façade Along 8^th Avenue

Isetan Mitsukoshi, one of the leading department store groups in Japan, carries a mix of classic favorites as well as products that feature technological advances in holistic care in its two main stores – Isetan Shinjuku and Mitsukoshi Ginza. These two stores are consistently packed with locals as well as visitors from all over the world that are exploring offerings of premium international and homegrown brands. 

Top Japanese Developers Tie Up With Federal Land, Inc.

Just when we thought that the real estate front has quieted down comes news about one of the most exciting partnerships ever to be made by a Filipino property developer. Federal Land Inc., one of the country’s most trusted real estate companies, has partnered with two of Japan’s top firms, residential leader Nomura Real Estate Development Co., Ltd., and luxury retail giant Isetan Mitsukoshi Holdings, Ltd.

What makes the partnership doubly exciting is that it will bring global solutions to the properties that will be jointly developed by the three giants. If you still don’t know what this means, it means that designs, and concepts perfected by Nomura Real Estate Development and Isetan Mitsukoshi Holdings will now be introduced into Federal Land, Inc.’s upcoming projects.