Key Facts
• J. Front Retailing and Komehyo established a joint venture for brand buyback.
• First store, “MEGRUS,” opens on August 5, 2025, at Matsuzakaya Nagoya.
• Second store to open on August 8, 2025, at Daimaru Tokyo.
• Plan to expand to 23 stores nationwide by 2028.
• MEGRUS features a lounge-like space and a 65-square-meter appraisal area.
• Target customers include affluent department store patrons unfamiliar with reuse.
• Items purchased include jewelry, watches, bags, and branded clothing.
• Acquired items are sold via Komehyo stores and auctions.
Summary
J. Front Retailing, operator of Daimaru and Matsuzakaya department stores, has partnered with reuse leader Komehyo to launch a joint venture specializing in brand buyback. The first store, “MEGRUS,” opens on August 5, 2025, at Matsuzakaya Nagoya, followed by a second location at Daimaru Tokyo on August 8. Designed to cater to affluent customers, MEGRUS offers a lounge-like atmosphere and a dedicated 65-square-meter appraisal space. The stores will purchase luxury items such as jewelry, watches, bags, and branded clothing, which will then be sold through Komehyo’s retail outlets and auctions. The venture aims to expand to 23 locations nationwide by 2028, tapping into the growing demand for luxury reuse.
