Mitsukoshi

Mitsukoshi, Ltd.
株式会社三越
Subsidiary
Industry Retail
Founded 1673 Edo Honmachi (Nihonbashi Hongokuchō, Chūō, Tokyo), Japan
Founder Mitsui Takatoshi
Headquarters 1-4-1 Nihonbashi-Muromachi, Chūō, Tokyo, Japan
Parent Isetan Mitsukoshi Holdings Ltd. (100%)
Website www.mitsukoshi.co.jp
www.mitsukoshi.com.hk
The Mitsukoshi Department Store in the Nihonbashi section of Tokyo
Utagawa Hiroshige printed an Ukiyoe with Mt. Fuji and Echigoya as landmarks. Echigoya is the former name of Mitsukoshi named after the former province of Echigo. The Mitsukoshi headquarters are located on the left side of the street.
Nihonbashi main branch

Mitsukoshi, Ltd. (株式会社三越, Kabushiki-gaisha Mitsukoshi) is an international department store chain with headquarters in Tokyo, Japan. It is a subsidiary of Isetan Mitsukoshi Holdings, which also owns the Isetan department store chain.

History

It was founded in 1673 with the yagō (shop name) Echigoya (越後屋), selling kimonos. Ten years later in 1683, Echigoya took a new approach to marketing. Instead of selling by going door-to-door, they set up a store where buyers could purchase goods on the spot with cash. Mitsukoshimae Station on the Tokyo Metro is named after the adjacent Mitsukoshi department store.

Mitsukoshi is the root of Mitsui group. In the 1970s, Mitsukoshi bought the Oriental Nakamura department store in Nagoya and re-branded them as Mitsukoshi Nagoya.

Genichiro Inokuma designed the wrapping paper in white and red.[1]

In August 2007, it was announced that Mitsukoshi would merge into Isetan, a major department store in Japan.[2] Mitsukoshi TYO: 2779 was unlisted on March 26, 2008, and on April 1, it merged with Isetan under a joint holding company called Isetan Mitsukoshi Holdings Ltd. (TYO: 3099).

Stores

Japan

Stores managed by Isetan Mitsukoshi Ltd.

Stores managed by other companies

Closed stores

Taiwan

The stores in Taiwan are named Shin Kong Mitsukoshi Department Store, a collaboration between the Shin Kong Group and Mitsukoshi. The first Shin Kong Mitsukoshi store opened at Nanjing Road in Taipei in 1991.

Hong Kong

The first Mitsukoshi in Hong Kong, covering 12000 sq meters on 4 levels, opened at 500 Hennessy Road, Causeway Bay on 26 August 1981. A second store opened in 1988 in the Sun Arcade in Tsim Sha Tsui, but it closed in 1995. Mitsukoshi closed its original Causeway Bay store on 17 September 2006, due to the redevelopment of Hennessy Centre.[4]

China (mainland)

Korea

In 1930, Mitsukoshi opened their department store (京城三越) in downtown Seoul. After the liberation of Korea and the defeat of Japan in 1945, Samsung took over this store and renamed it Shinsegae (신세계; Shinsegae; lit. New World).

Europe

Italy

Former stores in Europe

North America

References

  1. ↑ http://basedonatruestory.com/ldk/archives/03/08/001230_mitsukoshi_and_yanasesan.html
  2. ↑ http://www.mitsukoshi.co.jp/pc/corp/pdf/0070823.pdf 株式会社伊勢丹と株式会社三越との共同持株会社設立による 経営統合に関するお知らせ August 23, 2007 (in Japanese)
  3. 1 2 http://www.hurriyetdailynews.com/h.php?news=mitsukoshi-to-close-six-stores-2008-09-26 Mitsukoshi to close six stores
  4. ↑ http://www.japantimes.co.jp/news/2006/09/18/national/mitsukoshi-pulls-out-of-hong-kong-after-25-year-run/#.WGX13VxrM3E
  5. 1 2 http://www.mitsukoshi.co.jp/store/world.html (in Japanese, translation) lists only the London and Roma store remaining in Europe. It lists the Shanghai store.
  6. ↑ https://sequinsandcherryblossom.com/2013/09/01/london-mitsukoshi/
  7. ↑ Mitsukoshi Cultural Representative Program http://www.tcw.jp/disney/en/index.html
  8. ↑ https://www.nytimes.com/1979/03/16/archives/mitsukoshi-opens-here.html
  9. ↑ https://www.nytimes.com/1991/06/19/business/noted-japanese-retailer-plans-ritz-tower-store.html
  10. ↑ http://asia.nikkei.com/Business/Consumers/Isetan-Mitsukoshi-opens-a-popup-store-in-New-York
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