Tag: luxury

  • Farfetch opens flagship on JD.com China

    Farfetch opens flagship on JD.com China

    Farfetch China has opened a flagship store on JD, one of its strategic investors.

    The move follows Farfetch China’s purchase of Toplife announced in February and gives the global luxury-fashion technology platform access to more than 300 million customers in Mainland China.

    According to a statement, Farfetch now has a ‘Level 1’ entry point on the JD app, providing customers with instant access to more than 3000 brands via Farfetch’s network of more than 1000 luxury brand and boutique partners.

    “The partnership builds on the existing successful relationship between Farfetch and JD, started in July 2017,” said Farfetch China MD Judy Liu.

    Since then, the fashion platform has built its China presence by sharing JD’s logistics capabilities and its insights into the behaviour of Chinese luxury consumers.

    “Brands crave ever-better access to the Chinese market, and we are thrilled to deliver this for them,” said Liu.

    “This is an important expansion of our strategic partnership with JD, which strengthens the Farfetch China business as part of our truly global offering. Being able to offer the full suite of Farfetch’s technology and logistics platform to brands wanting to reach high-end Chinese consumers is a major competitive advantage as we seek to continue to grow market share in the rapidly expanding online luxury market.”

  • Rolls-Royce Wraith Eagle VIII Collection Unveiled

    Rolls-Royce Wraith Eagle VIII Collection Unveiled

    It’s always a moment when Rolls-Royce shows a new ‘art-on-wheels’ to the world and more so when it’s a special edition. The luxury carmaker has unveiled the Wraith Eagle VIII Collection on the shores of Lake Como at this year’s Concorso d’Eleganza Villa d’Este and says that the car will tell the tale of one of the most pivotal moments of the 20th Century. Captain John Alcock and Lieutenant Arthur Brown flew the first non-stop transatlantic flight in June, 1919. Contemporaries of Sir Henry Royce, Alcock and Brown flew non-stop from St. John’s, Newfoundland to Clifden, Ireland in a modified First World War Vickers Vimy bomber aircraft which was powered by a 350 bhp, 20.3-litre Rolls-Royce Eagle VIII engines.

    Rolls-Royce marks the 100 year anniversary of this feat with a highly personalized Collection edition of the Wraith. The car is finished in Selby Gray upper two-tone with a contrasting brass feature line. Vanes on the iconic grille up front are finished in black and the alloy wheels are polished in a translucent shadow finish.

    The inside of the Wraith Eagle VIII collection will give you a different feel altogether. Don’t mistake it for any change in the design as the layout of the cabin remains untouched, however, the difference is in the treatment. It is draped in Selby grey and black leather with brass inserts to mirror the outside Hue. The speaker covers too are finished in brass which further extends to the door panniers. The driver side door includes a brass plaque with Sir Winston Churchill’s quote commending the achievement of the duo pilots who flew across the vast stretch of the Atlantic. The clock has an iced background effect which glows a faint green light in the night while driving.

    Rolls-Royce will handcraft just 50 units of the Wraith Eagle VIII Collection which will use the same 624 bhp, 6.6-litre V12 motor that powers the standard Rolls-Royce Wraith.

  • L Catterton Asia Selling RM Williams

    L Catterton Asia Selling RM Williams

    L Catterton Asia, the Singapore-based private equity firm, is set to sell its stake in Australian luxury footwear retailer RM Williams.

    The investment company, controlled by LVMH Group and the Arnault family, has put the business up for sale for US$500 million.

    If successful, the sale would mark the second major retail sector divestment by the fund in recent months, after it sold down its 58.86 percent stake in Chinese mall operator Sasseur Cayman Holding to just 1.36 percent.

    The RM Williams sale will be managed by investment bank Goldman Sachs.

    L Catterton currently owns 82 percent of the business, up from its initial 49 percent investment back in 2014.

    The other shareholders are IFM Investors, which manages not-for-profit superannuation investment funds, and actor Hugh Jackman.

    RM Williams has about 50 retail stores in Australia and London and exports to about 15 countries with a network of about 900 stockists. It was founded in 1932.

  • City proposal to slap luxury tax on mobile phones raises hackles

    City proposal to slap luxury tax on mobile phones raises hackles

    HCMC’s proposal to impose a special consumption tax on mobile phones has drawn protests from experts, who said they are not a luxury product. Dr. Nguyen Thanh Binh of the Ministry of Planning and Investment’s Institute of Policy and Development said the proposal should be carefully considered since no other country levies a luxury tax on mobile phones.

    The nature of such a tax is to hit luxury goods or discourage consumption of goods that use up foreign currency for imports or harm the environment or human health, he explained.

    “We have to ask ourselves whether mobile phones are essential or luxury, and what effect it has on the environment and health.”

    Mobiles are now ordinary goods used by everyone, he said.

    The city people’s committee has recently sent to the Ministry of Finance suggestions for a draft proposal on “expanding the tax base and preventing erosion of state revenues.”

    It said mobile phones are not luxury goods but not “very essential” either, and so it wants to regulate consumption to ensure it is “reasonable.”

    It also called on lawmakers to add items such as cameras, perfumes, cosmetics, gaming services, and beauty services to the list of items subject to special consumption tax to target the population segment with above-average income.

    Binh queried this rationale saying the city can simply use income tax for this.

    Nguyen Duc Nghia, chairman of Ho Chi Minh City Tax Agents Club, an association of tax consultants, said the mobile phone has become a commonplace product used by everyone.

    Therefore, a luxury tax would not have the effect of taxing only wealthy individuals and would instead affect everyone, he said.

    Truong Thanh Duc, chairman of Basico law firm, said special consumption tax is normally levied on luxury goods and those that are harmful or which the government wants to discourage people from using.

    In fact, in a quickly developing economy, this tax should be eliminated on many goods since what were once luxury goods gradually become essential items as people become more affluent, he pointed out.

    “Thirty years ago mobile phones were a luxury item but not taxed. Now it has become a popular item, with the number of telephone subscribers equaling the population. Levying a luxury tax on such a good is far from reasonable.”

    Up to 73 percent of the population uses mobile phones, on which 42 percent use smartphones and 50 million people use mobile social media, according to a report by Vietnamese digital advertising firm Adsota earlier this year.

  • Sincere Fine Watches opening in Changi

    Sincere Fine Watches opening in Changi

    Sincere Fine Watches has opened a multi-brand boutique at Jewel Changi Airport.

    The only luxury multi-brand watch store at the newly opened airport shopping center spans 183sqm and was inspired by Jewel’s dome-shaped facade and modern architecture.

    Glass and rose-gold elements are used throughout the boutique, combined with warm-brown hues on the wooden panels and shades of copper to create a welcoming aura.

    The new boutique brings together 20 international labels, some of them relatively new to the market. They include Armin Strom; Baume & Mercier; Blancpain; Bremont; Graham; Hamilton; IWC Schaffhausen; Longines; Maurice Lacroix; Mido; Montblanc; Panerai; Omega; Rado; TAG Heuer; Tissot; and Tudor.

    Sincere Fine Watches plans more brands and timepieces exclusive to the Jewel Changi store soon.

  • Panerai Opens Tsim Sha Tsui Centre Boutique

    Panerai Opens Tsim Sha Tsui Centre Boutique

    Florentine high-end luxury watchmaker Panerai has opened a boutique in Kowloon.

    The 60sqm Panerai Tsim Sha Tsui Centre store is the fifth opened in Hong Kong, after the Landmark Prince, Canton Road, IFC and Times Square boutiques.

    The concept of the design and materials used reflect Panerai’s Italian tradition and stands as a reference to the underwater universe. The use of oak, veined Italian marble, burnished brass, bronze, and a special “reeded” glass reinterprets the watchmaker’s technical codes, as well as the brass lights and sales counters with wooden details recalling the sea and sailing ships.

    Panerai now has 85 boutiques throughout the world, five of which are in Hong Kong.

  • MCM Japan opens Their Largest Store in Tokyo

    MCM Japan opens Their Largest Store in Tokyo

    MCM Japan has launched its largest flagship yet in Tokyo. The German luxury accessories brand’s new boutique, follows new locations in Berlin and Los Angeles earlier this year, presents a new architectural landmark with a nine-storey, 2880sqm space. Ginza Haus I is located in Tokyo’s tourist district, which plays host to the city’s luxury fashion precinct.

    The store facade features granite grey marble with oversized LED panels displaying the brand’s logo, while the store’s interior features wood and marble fixtures in a fusion classical/modern design aesthetic.

    The flagship’s lower floors are dedicated to seasonal collections, while upper floors include a showroom, a VIP lounge, experience-driven retail installations, and a cafe, as well as a gallery and performance space.

  • LVMH global revenue rises 16%

    LVMH global revenue rises 16%

    LVMH global revenue rose 16 per cent in the first quarter of this year, with Asia and every other geographical market fuelling growth.

    Organic growth – excluding acquisitions – was 11 per cent higher than the same period last year.

    The fashion-and-leather-goods business saw organic sales rise 15 per cent.

    “Louis Vuitton continued its remarkable growth across all of its businesses. Its performance was exceptional, its creativity ever more striking and innovative, and its men’s and women’s Autumn-Winter fashion shows were universally acclaimed,” the company said in a statement.

    “The transformational upgrade of its distribution network continued with highly successful and iconic re-openings, including Florence, London’s Sloane Street, Monaco and Shanghai IFC. Christian Dior Couture performed exceptionally well across all its product categories and regions. At Celine, the new Men’s and Women’s ready-to-wear collections arrived in stores as the new concept starts to be rolled out. Fendi, Loewe and Berluti are growing fast. Loro Piana’s vicuna and shoe collections performed well. The other Maisons continued to progress.”

    In selective retailing, organic revenue rose 8 per cent, with Sephora recording strong revenue growth and market share gains during the period.

    Online sales grew strongly and DFS grew “at a steady pace”.

    “The Gallerias of Hong Kong and Macao performed particularly well,” the company reported.

    Wine and spirits business sales rose a more modest 9 per cent in the quarter, however Hennessy cognac volumes increased by 11 per cent, driven largely by China and the US.

    In perfumes and cosmetics, organic revenue increased by 9 per cent in the quarter.

    Parfums Christian Dior had a standout quarter, helped by the launch of its new fragrance Joy.

    Louis Vuitton global revenue from watches and jewellery grew the slowest, at just 4 per cent, with watches lagging.

  • International luxury brands down in Brisbane

    International luxury brands down in Brisbane

    Luxury brands are descending on Brisbane, with fashion house Saint Laurent opening its first store in Queensland at QueensPlaza on March 28, ahead of arrivals from Fendi and Dior slated for later this year.

    The new store, Saint Laurent’s sixth Australian store, has an architectural design that features three types of marble and refined detailing accented with anodised gold, mirrored stainless steel and leather joinery.

    “The arrival of Saint Laurent, another first to Brisbane, further cements QueensPlaza’s position as the city’s leading luxury retail and lifestyle destination,” said Pamela Wakeford, centre manager.

    Saint Laurent joins a slew of luxury retailers already located at the centre, including Chanel, Burberry, Tiffany and Co, Zimmermann, Scanlan Theodore and Camilla.

    Italian fashion house Fendi is poised to unveil its new boutique mid-year and Stanton café and bar will also open in the coming months. The new café will have a dining and bar experience including an outdoor terrace overlooking the Queen Street Mall.

    Queensland has also recently welcomed fashion jewellery brand APM Monaco, which opened a new store in Brisbane’s high street, joining a suite of luxury fashion retailers along MacArthur Central.

    The new store features the retailer’s traditional handcrafted jewellery pieces along with some most recent collections like open chokers with sky silver and zarconia meteorites, and asymmetric underlobe earrings and jackets.

    “Precision Group is proud to welcome APM Monaco to MacArthur Central where it will sit alongside some of the best international and national retailers fronting Edward Street Brisbane, where Brisbane City Council have invested $11.8 million into a beautification project of the precinct,” said Colleen Middlemass, centre and state asset manager.

    Middlemass said the new store will complement the area’s “luxe offering with a fashion focus on new trends from across the globe”.

  • Fashion Brand Alexander McQueen joins Tmall

    Fashion Brand Alexander McQueen joins Tmall

    British fashion house Alexander McQueen — known for its unique tailoring and audacious designs — has soft-launched a virtual store on the Tmall Luxury Pavilion, Alibaba Group’s platform for luxury and premium brands.

    It will be the first online store in China that’s directly run by the house itself, rather than through a local partner, giving it full creative control over the look and feel of the site, the Pavilion said.

    The luxury brand was founded in 1992 by the late Lee Alexander McQueen, known for combining a respect for traditional craftsmanship with provocative, darkly romantic designs. Today, his eponymous label remains hugely influential, seen as synonymous with modern British couture. Following his death in 2010, Sarah Burton was appointed creative director of the house. Burton, who worked alongside McQueen for 14 years, currently oversees the creative direction of all the brand’s collections.

    The Alexander McQueen brand oversees a network of 73 directly operated brick-and-mortar boutiques, as well as several franchises and specialty stores worldwide, with flagships stores due to open in Shanghai and Hong Kong in 2019, per its parent Kering Group.

    The Tmall Luxury Pavilion Alexander McQueen store will officially launch on April 16, featuring items that incorporate images from the John Daekin Archive as part of the designs. The archive manages the work of John Daekin, the 20th-century British photographer who captured the lives of his artist and poet friends in London’s bohemia, Soho.

    Alexander McQueen is the third Kering-owned luxury brand to join the Pavilion, following Hong Kong-based jeweller Qeelin and Italian fashion house Bottega Veneta. Launched in 2017, Tmall Luxury Pavilion now offers more than 100 brands, ranging from apparel and beauty items to watches and luxury cars, including Valentino, Burberry, Tod’s, Versace, Stella McCartney, Moschino, Giuseppe Zanotti, MCM, La Mer, Maserati, LVMH-owned Rimowa, Guerlain, Givenchy, Tag Heuer and Zenith.

    Sherry Lang, MD of Tmall’s luxury division, said the Pavilion helps maisons and premium brands engage with China’s younger generation of consumers, delivering the same brand exclusivity and tailored shopping experience online that they would get in a brick-and-mortar store.

    “We also want to help luxury brands expand their reach in smaller cities and rural areas, where purchasing power is growing, but offer limited access to luxury goods,” said Lang. “The Pavilion is well-positioned to fill that gap.”

    The growth of the Pavilion comes as Chinese consumers drive global high-end spending, with Mainland China’s luxury sales growing 20 per cent to €23 billion ($25.8 billion) last year, according to Bain & Co. The consulting firm forecasts that by 2025, Chinese consumers will account for 46 per cent of the global market, up from 33 per cent last year.

  • Police smash massive China counterfeiting gang

    Police smash massive China counterfeiting gang

    Police have shut down a huge China counterfeiting ring estimated to have raked in some US$15 million.

    Chinese police have arrested 32 people believed to be part of the operation, which focused on counterfeiting luxury-branded goods.

    The Shanghai raid led to the seizure of more than 4000 items of luxury apparel and accessories bearing Louis Vuitton, Kenzo and Loewe labels, among other top brands. Two assembly lines producing the counterfeit items were shut down.

    The raid was in response to a tip-off to the Shanghai Qingpu district public security bureau that fake Louis Vuitton bags were selling on Chinese social media platform, WeChat.

    Estimates held that the ring had sold more than 100,000 fake luxury items at a value of around RMB100 million (US$14.9 million). Each item would have cost around RMB200 ($30) to produce.

    The rise of online markets all over the world has been blamed for a general increase in fake products sold globally. The counterfeit industry is now worth an estimated $590 billion a year, and accounts for around 3.3 per cent of total international trade.

    According to customs officials, the most frequently seized fakes are items of footwear, clothing, leather goods and IT equipment. China is by far the world’s largest source of pirated goods.

  • Reebonz teams up with Japan’s Komehyo

    Reebonz teams up with Japan’s Komehyo

    Singapore’s e-commerce platform Reebonz has partnered with Japanese offline pre-owned luxury product boutique Komehyo.

    Reebonz is expected to make Komehyo’s products available to an estimated 5.5 million members on its platform, supporting both companies’ missions to bring authentic pre-owned luxury to consumers around the world.

    “The next step for us is to continuously support their growth in sales across Asia Pacific,” commented Nupur Sadiwala, Reebonz CFO.

    “Furthermore, with the growing demand for authentic pre-owned luxury complemented by growing demand for new luxury products, we believe that this partnership will allow us to further deepen our ecosystem strategy of offering the broadest selection of quality new and pre-owned luxury products.”

    “In addition to the opportunity for us to amplify our brand awareness, we believe that by working with Reebonz, we will be able to further improve our consistency in delivering authentic high quality products to aspiring consumers across the region,” added Shinji Kai, Komehyo’s IT department assistant GM.

    Established in 1979, Komehyo currently has 40 retail stores across Japan and an online platform, selling bags, jewellery, leather goods and accessories, to watches, shoes and apparel.

  • Luxury French brand Faure Le Page heading to Singapore

    Luxury French brand Faure Le Page heading to Singapore

    Luxury French brand Faure Le Page will open its first Singapore flagship store this June, at Takashimaya. The store will be the fashion brand’s first in Southeast Asia and its ninth worldwide.

    Designed to resemble a garden, the boutique will pre-launch a collection of bags and accessories, specially designed for the local market.

    Known for its handbags and accessories, the brand will be distributed exclusively under a franchise agreement with FJ Benjamin Holdings.

    “Fauré Le Page is a prestigious brand in France with more than 300 years of history and a grand tradition of craftsmanship,” said Nash Benjamin, FJ Benjamin CEO. “Although its gunsmith origin is legendary in France, in recent years, it has developed a cult following for its handbags, small leather goods and accessories.

    “We are confident that our discerning customers in Singapore and the rest of the region will fall in love with the brand’s exquisite design and superior quality,” he added.

  • Canada Goose revenues surge more than 50%

    Canada Goose revenues surge more than 50%

    Canada Goose Holdings announced its financial results for the third quarter, highlighting a surge in revenues after new store openings both physical and online. For the quarter ended December 31, 2018, the North American outdoorwear company said total revenues increased by 50.2% to $399.3m from $265.9m, or 49% in constant currencies.

    Direct-to-consumer sales totalled $253.3m from $131.7m last year, driven by the strong online and in-store sales. Canada Goose said it opened five new stores during the quarter and an online store.

    Wholesale revenue increased to $164m from $134.2m, on the back of higher order values from existing partners, coupled with earlier shipment timing relative to last year.

    The Toronto-based company reported net income came in at $103.4m, or $0.93 per diluted share, compared to $63m, or $0.56 per diluted share. The 64% increase was due to higher operating income and a lower effective tax rate, said Canada Goose.

    Adjusted EBITDA was $151.1m, compared to $94.7m.

    “Fiscal 2019 is shaping up to be another year of impressive results. In our peak selling season we continued to deliver when and where it matters most, while also strengthening our foundation for future success on the global stage,” said Dani Reiss, Canada Goose President & CEO.

    “We have successfully entered new markets, introduced new product, and increased capacity to meet growing demand in both channels. We remain deeply confident in the long runway we have ahead.”

    Looking ahead for 2019, annual revenue growth is projected to be in the mid-to-high thirties on a percentage basis, compared to at least 30%.

    Annual growth in adjusted net income per diluted share is now predicted to be in the mid-to-high forties on a percentage basis.

    Founded in 1957, Canada Goose is today one of the world’s leading makers of performance luxury apparel. The Made-In-Canada advocate employs more than 3,400 people worldwide.

    In Asia, the Canadian brand has flagships in Tokyo, Beijing and Hong Kong.

  • Starbucks Reserve® Roastery Tokyo opened door

    Starbucks Reserve® Roastery Tokyo opened door

    This week, Starbucks celebrates the opening of the Starbucks Reserve® Roastery Tokyo, a four-story tribute to premium coffee quality, innovation and human connection. This will be the fifthRoastery globally, opening to the public on Thursday, February 28, at 7 a.m. JST, reaffirming the company’s 23-year commitment to Japan. The Roastery pays tribute to the important role that Starbucks Japan has played in shaping the foundation of the Company’s international growth. The Roastery introduces customers to more than 100 unique coffee and tea beverages and merchandise, as well as a menu of artisanal Princi Italian fare for the first time in Japan.

    It also celebrates the Japanese culture of connection and craftsmanship through the first AMU Inspiration Lounge –from the Japanese “amu,” meaning “knit together”–to host community gathering events and is planned to become Starbucks first Specialty Coffee Association certified training location in Japan.

    “As the first international market outside of North America, Starbucks Japan has contributed 23 years of innovation for the company globally,” said Kevin Johnson, CEO, Starbucks Coffee Company.

    “The opening of the Tokyo Roastery will further amplify what Starbucks Japan has done across all stores in the market for more than two decades—innovating and delivering the finest quality coffee one person, one cup and one neighborhood at a time.” Takafumi Minaguchi, CEO, Starbucks Japan, added, “The Roastery will amplify and inspire coffee passion across all Starbucks stores, and will serve as a catalyst for a new wave of growth centered on the customer experience and passion for coffee and service. Beginning with the “Make it Yours” campaign that will commence at every store in Japan upon the opening of the Roastery, customers will be invited to experience the first Starbucks coffee roasted exclusively in Tokyo, for Japan, and available in a variety of coffee beverage styles.”

    Collaborative Design Highlights Japan’s Natural Beauty

    Located in Tokyo’s vibrant and creative neighborhood of Nakameguro, the Roastery’s enchanting design was inspired by the famous cherry blossom trees lining the Meguro River.

    The building’s glass walls and terraced floors seamlessly fold into the fabric of the neighborhood, bringing visitors eye-level with the cherry blossoms and the four seasons of the river to reflect the natural beauty and sense of harmony found across Japan.

    The Tokyo Roastery is the only Starbucks Roastery location designed in collaboration with a local architect from the ground up.

    The exterior was brought to life in collaboration with renowned Japanese architect Kengo Kuma. Envisioned by Liz Muller, Starbucks chief design officer and lead designer for all five Roasteries globally, the Roastery highlights the work of local craftsmen and women to create an enchanting destination for coffee exploration and discovery.

    The Tokyo Roastery merges traditional and modern design to deliver a unique and inspired experience across all four floors. Upon entering the Roastery, customers are greeted by the world’s largest Starbucks Roastery coffee cask, four-stories and over 55 feet of blush-tinted copper adorned with hand-crafted copper cherry blossoms, which changes hues throughout the day in different lights.

    The expansive cask was built using the technique of tsuchime, a tradition of copper beating, where each person involved in the building of the Roastery was offered the chance to hammer a portion to create its texture and pattern. The cask’s unique color is balanced against the light wood which has been carried into the interior to give the store a brightness found throughout traditional Japanese architecture.

    Throughout the Roastery, local craftsmen and women were brought together to incorporate their expertise and traditional craft into the design elements.

    The wood-tiled ceiling was inspired by the art of origami, providing a stunning visual experience. The light and airy space carries the light wood used on the exterior to the inside, giving the experience an enchanting aura.

    The wood, sourced locally, has been treated throughout with a traditional technique which prevents it from aging, ensuring the brightness is maintained inside and outside in the years to come.

    Enchanting Immersive Coffee, Tea and Mixology Experience

    The coffee journey at the Reserve Roastery Tokyo is an immersive experience and education in coffee, and its process—from green bean to cup—which begins at the Main Bar on the first floor.

    The open floor plan draws customers into the immersive experience, introducing them to the skilled art of roasting, brewing and hand-crafting beverages. The Reserve Roastery serves the freshest cup of coffee and it is here on the first floor that customers can taste Reserve coffee beverages such as Barrel-Aged Cold Brew.

    The Princi bakery serves handcrafted, authentic artisanal Italian fare that is baked fresh in the Roastery throughout the day. For the first time in Japan, customers can enjoy freshly-baked breads, cornetti, focaccias, pizzas, salads and more.

    An airy staircase leads to the second floor, where customers will be transported into the tradition of Japanese tea at the world’s largest Teavana Bar.

    Exclusive tea beverages, such as the Pop’n Tea Sakura Jasmine, featuring a vibrant hibiscus and cherry popsicle atop a floral jasmine tea, will delight customers with their charming appearance, Japanese ingredients and unique flavor combinations, modernizing the tea experience. On the terraced third floor, Starbucks Japan’s first cocktail bar, Arriviamo™, puts innovation, mixology and cocktail craft on full display.

    The two walls of spirits bring together the Arriviamo menu, featuring coffee and tea-inspired cocktails only available at the Tokyo Roastery, including the Nakameguro Espresso Martini made with chestnut liqueur, crème de cacao and espresso, then paired with decadent chocolate  from Nakameguro’s “green bean to bar CHOCOLATE” brand. Wine, beer and classic mixology beverages will also be available.

    Conversations with an Impact

    Starbucks Japan has more than two decades contributing to the communities it serves.

    The fourth floor of the Starbucks Reserve Roastery Tokyo is home to AMU Inspiration Lounge–a dedicated space for the community to gather for hosted social impact conversations. The concept of “AMU,” which means “to knit together” in Japanese, is founded on human connection and passions coming together, something Starbucks has long believed in. For the first time at any Starbucks location in the world, this intimate space will serve as a platform to host change-makers and creative thinkers from across Japan. The first event in April will celebrate the role of women leaders in Japan.

    The Roastery is planned to become Starbucks first certified Specialty Coffee Association (SCA) location offering training for coffee professionals in the near future.“We believe that where passions connect, the future is sparked, and we will offer the Tokyo Roastery as a gathering space to spark new ideas and create an impact,” said Minaguchi.

    “The Roastery signifies our commitment to fostering moments of human connection over a cup of coffee and using these moments to create positive social impact in the communities we serve.”

    With more than 37,000 partners who proudly wear the green apron across Japan’s 47 prefectures and 250 at the Roastery itself, Starbucks Japan will amplify coffee craft and innovation by freshly roasting small-batch coffees from around the world every day in Tokyo and introducing new beverages, concepts and inspiration to all 1,400 stores across Japan. This amplification will begin with Tokyo Roast coffee, a Starbucks Japan-exclusive coffee, available throughout the market on opening day.