Trisha Okubo

Despite the economic gloom brought on by Japan's shrinking domestic consumption, Fast Retailing Co. has had no trouble living up to its name: domestic same-store sales in May of its Uniqlo chain shot up 18.3%, extending on-year gains to seven consecutive months. Japanese consumers -- and for that matter, tourists -- can't seem to get enough of Uniqlo's inexpensive but high-quality products, from undergarments and T-shirts to tops, jumpers and jeans in a plethora of colors. - Trisha Okubo

Now that you'll be able to get Jimmy Choos for $50, spending $500 seems ridiculous. Will be interested to see the quality of the Jimmy Choo for H&M shoes. - Trisha Okubo