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
Copyright Arirang News. All rights reserved, reprinted with permission by Dailymotion
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June: June is the sixth month of the year in the Julian and Gregorian calendars and one of the four months with a length of 30 days. June is the month with the longest daylight hours of the year in the Northern Hemisphere and the shortest daylight hours of the year in the Southern Hemisphere.[citation ne
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Amid: Diyarbakr is one of the largest cities in southeastern Turkey. Situated on the banks of the River Tigris, it is the administrative capital of the Diyarbakr Province and with a population of about 843,460 it is the second largest city in Turkey's South-eastern Anatolia region, after Gaziantep. The c
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
Osaka: Osaka listen is a city in the Kansai region of Japan's main island of Honshu, a designated city under the Local Autonomy Law, the capital city of Osaka Prefecture and also the largest part of the Keihanshin metropolis, which comprises three major cities of Japan: Kyoto, Osaka and Kobe. Located at t
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