JavaScript seem to be disabled in your browser. You must have JavaScript enabled in your browser to utilize the functionality of this website. Welcome to Coach Outlet Online Store, Air Max Shoes! My Account Blog My Wishlist My Cart Checkout Log In Japan's luxury market is set to grow for the first time in four years as status-conscious consumers help rebuild the economy, encouraging expansion by Gianni Versace SpA and Mulberry Group Plc. Japanese sales of luxury goods may rise 2 percent in 2011, following a contraction that started in 2007 and wiped 14 percent off the industry's value in the world's third-largest economy, Bain & Co. estimates. Confidence is returning after an earthquake in March devastated northern Japan and triggered the world's worst nuclear crisis in 25 years. As growth resumes, deflation ends and tourists visit from China, the archipelago is drawing investment from companies including Mulberry, the British maker of 4,000-pound ($6,266) Bayswater bags. Versace returned to Japan this year after closing its operations there in 2009. Renewed optimism in Japan, boosted by reconstruction after the earthquake, and a desire to control distribution is spurring investment. Cavalli Group, the Italian fashion house known for its animal-print clothing, opened its first directly operated store in Tokyo last month.
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