US Guitar Maker Fender Opens Flagship Store in Tokyo Banking on Regional Growth

Guitars are pictured on display during a media tour a day ahead of the opening of the first global flagship store by US guitar maker Fender, in Tokyo on June 29, 2023. (AFP)
Guitars are pictured on display during a media tour a day ahead of the opening of the first global flagship store by US guitar maker Fender, in Tokyo on June 29, 2023. (AFP)
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US Guitar Maker Fender Opens Flagship Store in Tokyo Banking on Regional Growth

Guitars are pictured on display during a media tour a day ahead of the opening of the first global flagship store by US guitar maker Fender, in Tokyo on June 29, 2023. (AFP)
Guitars are pictured on display during a media tour a day ahead of the opening of the first global flagship store by US guitar maker Fender, in Tokyo on June 29, 2023. (AFP)

Fender, the guitar of choice for some of the world’s biggest stars from Jimi Hendrix to Eric Clapton, is opening what it calls its “first flagship store” in its 77-year history.

The American guitar manufacturer has chosen for its location Tokyo’s Harajuku, a hot spot for Japanese youngsters who love animation, outlandish fashion and, of course, American music. The store was unveiled to reporters Thursday ahead of its official opening Friday.

Asia-Pacific is on track to become the biggest music market in the world by 2030, and more stores are planned for the region, Fender says. The company’s revenue in Japan has recorded double-digit percentage growth each year since 2015.

“I’ve played various brands, but what I like about the Fender is its power to help you play at more than 100% of your ability, letting you become aware of your potential and take up new challenges,” said Erino Yumiki, a guitarist, songwriter and one of the world’s many Fender artists.

“Sometimes music gets me down, but music has also saved me. The music I have encountered through my life is who I am,” said Yumiki, who owns about a dozen Fender guitars.

Although Tokyo already has many new and used guitar shops, the flagship store is designed to serve as a kind of museum-cum-amusement park for Fender lovers.

Fender says the social restrictions during the coronavirus pandemic set off a guitar boom. Its revenue in the COVID-19 years ballooned from $500 million to nearly $1 billion.

Some 30 million people picked up an electric or acoustic guitar for the first time during those years, and even if one in 10 keeps playing — as surveys show the statistics to be — it’s still solid revenue, says Fender Musical Instruments Corp. Chief Executive Andy Mooney.

Mooney, who plays guitar in a band, knows a thing or two about marketing, having worked at Nike for 20 years and shaping the Michael Jordan campaign. That was followed by 11 years at Disney, where he oversaw consumer products.

Mooney said the redefinition of sneaker retailing that happened at Nike is exactly what Fender is going through now.

The three-story store in Harajuku is filled with Fender guitars, basses and amplifiers, including some exclusive products. The basement has a concert space and coffee shop.

Musical newcomers find some stores intimidating but the Tokyo store will be friendly, Fender says, with most salesclerks being women.

There’s a clothing area called “F Is For Fender.” And the top floor is devoted to a shop for custom-made guitars, where so-called “master builders” in the US will make guitars to order.

“The aging population has the time and the money to really get these custom-made instruments they’ve always wanted to buy for most of their lives but couldn’t afford when they were younger,” said Mooney, noting the potential appeal to the whole spectrum of the Japanese population, not just the youngsters usually associated with guitar-playing.

Yumiki, Miyavi — who acted in Angelina Jolie’s “Unbroken” — and about a dozen other Japanese star guitarists took the stage on Thursday, strumming together in the guitars’ equivalent of a drumroll, to celebrate the store’s opening.

Fender makes guitars in Japan, including Stratocasters, which have earned a reputation for quality. The made-in-Japan guitars will be on sale alongside those made in the US and Mexico. The more affordable guitars sell for about 110,000 yen ($760).

The popularity of guitars is also being fueled by greater consumption of guitar-related content online, such as on TikTok, drawing in amateurs who play guitar as a hobby.

Fender President for Asia-Pacific Edward Cole says the tens of millions of tourists expected to flock to Japan every year are also being targeted, as are the brand-savvy consumers of Japan.

Fender wants to position itself with its new store as Chanel, Apple and other major international brands did in Tokyo, he added.

“We want people to come in here, and we want them to fall in love with the idea of playing music,” he said.



'Den of Thieves 2' Opens at No. 1 as 'Better Man' Flops

This image released by Lionsgate shows Gerard Butler, left, and O'Shea Jackson Jr. in a scene from "Den of Thieves 2: Pantera." (Rico Torres/Lionsgate via AP)
This image released by Lionsgate shows Gerard Butler, left, and O'Shea Jackson Jr. in a scene from "Den of Thieves 2: Pantera." (Rico Torres/Lionsgate via AP)
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'Den of Thieves 2' Opens at No. 1 as 'Better Man' Flops

This image released by Lionsgate shows Gerard Butler, left, and O'Shea Jackson Jr. in a scene from "Den of Thieves 2: Pantera." (Rico Torres/Lionsgate via AP)
This image released by Lionsgate shows Gerard Butler, left, and O'Shea Jackson Jr. in a scene from "Den of Thieves 2: Pantera." (Rico Torres/Lionsgate via AP)

On a quiet weekend in movie theaters, while much of Hollywood’s attention was on the wildfires that continue to rage in Los Angeles, Lionsgate’s “Den of Thieves 2: Pantera” debuted atop the box office with $15.5 million, according to studio estimates Sunday.
Mid-January is often a slow moviegoing period, and that was slightly exacerbated by the closures of about 10 theaters in Los Angeles, the country’s top box-office market, The Associated Press reported.
A sequel to the Gerard Butler 2018 heist thriller, “Den of Thieves 2” performed similarly to the original. The first installment, released by STX, opened with $15.2 million seven years ago. O’Shea Jackson Jr. co-stars in the sequel, which debuted in 3,008 North American theaters.
Butler's films are becoming something of a regular feature in January. He also starred in “Plane,” which managed $32.1 million after launching on Jan. 13 in 2023.
“Den of Thieves 2,” made for about $40 million, was a bit more costly to make. Audiences liked it well enough, giving it a “B+” CinemaScore. Reviews (58% fresh on Rotten Tomatoes) weren’t particularly good. But it counted as Lionsgate’s first No.1 opening since “The Hunger Games: The Ballad of Songbirds and Snakes” in November 2023.
Also entering wide release over the weekend was the Robbie Williams movie “Better Man,” one of the more audacious spins on the music biopic in recent years. Rather than going the more tradition routes of Elton John (“Rocketman”) or Elvis Presley (“Elvis”), the British popstar is portrayed by a CGI chimpanzee in Michael Gracey’s film.
The Paramount Pictures release, produced for $110 million and acquired by Paramount for $25 million, didn’t catch on much better than Williams’ previous forays into the United States. It tanked, with $1.1 million in ticket sales from 1,291 locations. Gracey’s previous feature, 2017’s “The Greatest Showman” ($459 million worldwide), fared far better in theaters. Reviews, however, have been very good for “Better Man.”
It was bested by “The Last Showgirl,” the Las Vegas drama starring Pamela Anderson. The Roadside Attractions release expanded to 870 theaters and collected $1.5 million.
Also outdoing “Better Man” was Brady Corbet’s “The Brutalist.” Coming off winning best drama at the Golden Globes, the A24 postwar epic grossed a hefty $1.4 million from just 68 locations. It expands wider in the coming weeks.
The weekend's lion share of business went to holiday holdovers, including “Mufasa: The Lion King,” “Sonic the Hedgehog 3,” “Nosferatu” and “Moana 2.”
In its fourth week of release, Barry Jenkins “Mufasa” continued to do well, adding $13.2 million to bring its total to $539.7 million worldwide. Also on its fourth weekend, “Sonic the Hedgehog 3” padded its $384.8 million global total with $11 million. Robert Eggers’ “Nosferatu,” the surprise hit of the Christmas period, collected $6.8 million in ticket sales, bringing the vampire tale to $81.1 million domestically.
The Walt Disney Co.’s “Moana 2,” in its seventh week of release, added $6.5 million to bring its global tally to $989.8 million. In the coming days, it will become the third Disney film released in 2024 to notch $1 billion, joining “Inside Out 2” and “Deadpool and Wolverine.”