US teen fashion retailer Abercrombie & Fitch has opened its first flagship store in Japan - and its first in Asia - in Tokyo's upmarket Ginza district.

As reported on just-style earlier this year, the store occupies 970 square metres and the first 11 floors of a building on Ginza Street, which is the Japanese equivalent of the Champs-Elysees in Paris.

Like many retailers hit by a downturn in domestic sales, Abercrombie & Fitch CEO Mike Jeffries last month said: "The future of our business is tied to international growth."

The retailer outlined its plans after posting a 39.3% slump in third quarter profit to $38.8m or $0.44 per share, down from $63.9m or $0.72 per share a year ago.

Sales for the three months to 31 October fell 15% to $765.4m from $896.3m a year earlier.