New Market Study, "Luxury Cigars in Japan", Has Been Published
Although many luxury goods performed well in 2013, driven by the increasing stock prices on the back of Abenomics economic policies, luxury cigars in Japan continued to see a decline in both volume and value terms in 2013. After experiencing a huge decline in 2008, during the global economic crisis, luxury cigars was unable to pick up its sales for a number of years over the review period. This was because the number of smokers in Japan significantly dropped, impacted...
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