Retail giant H2O Retailing will invest ¥4.2 billion in a major renovation of Hakata Hankyu, focusing on expanding high-end brand offerings. The first phase will open in fall 2026, with full completion expected by fall 2027. The third-floor luxury zone will be upgraded, and cosmetics sections will be redesigned to appeal to younger shoppers. This marks the department store’s largest renovation to date, following a ¥2 billion update in 2017. Hakata Hankyu recorded a record-high revenue of ¥69.4 billion in FY2024, driven by strong luxury sales and events. Source: H2O Retailing
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