KOREAN CARD SPENDING ON JAPANESE BRANDS CUT IN HALF AMID BOYCOTT

South Korea's card spending on Japanese brands has halved over the past several weeks as Tokyo's anti-trade curb boycott shows no sign of abating.
According to data from eight major card companies, spending on such items during the last week of June was 8-point-4 million U.S. dollars, but that shrank to about 4 million during the last week of July.
Amid the widening boycott of Japanese products, brands like ABC Mart and D-H-C were affected, and Uniqlo saw its sales plunge a whopping 70%.
This comes despite overall card spending actually increasing during that period.
Card spending at four major Japanese tourist destinations, including Tokyo and Osaka, also decreased by a fifth.



Source: Arirang News
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Tokyo: Tokyo , officially Tokyo Metropolis , is one of the 47 prefectures of Japan. Tokyo is the capital of Japan, the center of the Greater Tokyo Area, and the largest metropolitan area in the world. It is the seat of the Japanese government and the Imperial Palace, and the home of the Japanese Imperial
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