Apple Building Watch Shop In Luxury Tokyo Store

iphone 8 apple stockElisaRiva / Pixabay

Although Apple’s existing stores are often in prestigious locations, the company’s approach to marketing the Apple Watch means that it is taking over retail space alongside luxury brands, inside high-end department stores and boutiques, writes Sam Byford for The Verge.

Apple Watch to be sold in Isetan, Tokyo

A perfect example of this strategy is the new Apple Watch shop inside the Isetan department store, one of the biggest and most famous in Japan. The shop is currently under construction, and its black hoardings are the first thing that customers see as they enter the department store. The branding is subtle, featuring an Apple Watch label followed by a subtitle which reads “Coming Soon” in Japanese.

The new shop covers a considerable amount of floor space, and counts fine jewelry brand Cartier among its neighbors, which is significant of Apple’s strategy for the Watch. The new product may be technological in nature, but it is after all a wearable, and its success rides on people wanting to wear it.

Taking on luxury brands

Apple has decided to take on fashion and luxury brands at their own game, and Tokyo provides further examples of this strategy in action. Apple opened a new store in the fahionable district of Omotesando last year, but does not have a store in Akihabara, which is known as a nerd hangout. This could point to Apple striving to be known as a premium brand rather than a tech company.

The Isetan store is scheduled to open April 10, the same day as pop-up shops at Selfridges in London and Galeries Lafayette in Paris. The three stores will sell the watch from April 24 onward, as will boutiques such as Colette in Paris, Los Angeles’ Maxfield, Berlin’s The Corner and Dover Street Market in London and Tokyo.

With the Watch, Apple is attempting to marry its status as a tech company with a new role as a luxury, trend-setting brand. If the company can pull it off it will be a remarkable success, but the stakes are high.

For exclusive info on hedge funds and the latest news from value investing world at only a few dollars a month check out ValueWalk Premium right here.

Multiple people interested? Check out our new corporate plan right here (We are currently offering a major discount)






About the Author

Brendan Byrne
While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. To contact Brendan or give him an exclusive, please contact him at [email protected]

Be the first to comment on "Apple Building Watch Shop In Luxury Tokyo Store"

Leave a comment