Why US brands are investing in Japan today

This post is based on a speech I gave on March 18th at an event to celebrate the opening of my network MullenLowe Profero's new San Francisco office, attended by friends and clients.  There is a lot written about Japan and it’s basket-case economy in the US press, and most of it is wrong. The reality on the ground is quite different, and I would like to tell you about a few of the smart American brands that understand this and are profiting. In doing so I am going to try answer a pretty simple question: Why do some great American brands choose to double down and invest in Japan today, while others pull out? Is it hard to do business in Japan? Well, it’s not yet a vassal state of California, but it is a relatively easy country for brands to get up and running in, with the … [Read more...]