Isetan

Isetan (伊勢丹, Isetan) (TYO: 8238 unlisted on March 26, 2008, SGX: I15) is a Japanese department store. Based in Shinjuku, Tokyo, Isetan has branches throughout Japan and South East Asia, including in Jinan, Kuala Lumpur, Selangor, Shanghai, Singapore and Tianjin, and formerly in Bangkok, Hong Kong, Kaohsiung, London, and Vienna.

Not to be confused with Isetann.
Isetan Co., Ltd.
株式会社伊勢丹
TypeSubsidiary
IndustryRetail
SuccessorIsetan Mitsukoshi Ltd.
Founded1886, Hatagomachi, Kanda (Sotokanda, Chūō), Tokyo, Japan as Iseya Tanji Gofukuten
FounderTanji Kosuge
Headquarters14-1 Shinjuku 3-chōme, Shinjuku, Tokyo, Japan
ParentIsetan Mitsukoshi Holdings Ltd. (100%)
Websitewww.isetan.co.jp

On April 1, 2008, Isetan and Mitsukoshi were merged under a joint holding company called Isetan Mitsukoshi Holdings Ltd. (TYO: 3099).

Branches in Japan

Directly owned
Isetan Shinjuku flagship store
JR Kyoto Isetan (operated by West Japan Railway Isetan)

The Isetan flagship store in Shinjuku is considered to be one of the most influential department stores in Japan. The store is often first with showcasing new trends and new products. In particular, the fashion and food floors are thought to be very trendsetting.

Behind the main store, there is a whole building dedicated to Men's Fashion ("Men's Isetan")

Subsidiaries

Closed branches

Branches outside Japan

Branches in Southeast Asia

Isetan previously opened at Orchard's Wisma Atria, a neighboring shopping mall to Isetan Scotts branch, but closed in March 2015, and converted for rental purposes. Currently the space, leased to Isetan, was filled with Mango, iora, Salon Vim, DRx Medical Aesthetic Clinic, YANN VEYRIE SALON, Franck Muller, Gautier Stylish French Living, Longines, World of Watches, UCHINO MYMY, SCANTEAK, and Sony.

On 6 May 2019, via The Straits Times, Isetan announced that the company will close its loss-making location at Westgate. It has had discussions with mall management on the lease renewal, but both parties did not reach an agreement. Therefore, the company has decided not to renew the lease. It was thus closed down on 8 March 2020.[1][2]

On 29 February 2020, Japan Food Town, the cluster of Japanese restaurants on the fourth floor of what previously known as Isetan Wisma Atria was shuttered. Prior to closure, some tenants were already moved out. Isetan has already received offers from external parties interested to lease its space.[3]

On 14 March 2020, Isetan and Central Pattana announced that its CentralWorld store will be closed per August 31, 2020 due to expiration of contract. The restaurant zone will be kept open despite Isetan's closure[4][5] and the Kinokuniya Bookstores is still open as usual.[6]

Branches in China

Closed Branches outside Japan
Isetan CentralWorld Bangkok, Thailand

References
  1. hermesauto (6 May 2019). "Isetan not renewing lease of 'loss-making' Westgate store". The Straits Times. Retrieved 7 May 2019.
  2. "Isetan will not renew lease of 'loss-making' Westgate store". CNA. Retrieved 7 May 2019.
  3. hermesauto (2020-03-06). "Japan Food Town shuttered, lease terminated by landlord Isetan". The Straits Times. Retrieved 2020-03-16.
  4. http://www.prachachat.net/marketing/news-432211
  5. "Isetan to Withdraw from Bangkok". nippon.com. 2020-03-15. Retrieved 2020-03-16.
  6. Kinokuniya Thailand Announcement
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