Where Is The Biggest Market Of UNIQLO?

Where is the biggest market of UNIQLO?

Here world

The shoe and hat net's small compiling is introducing UNIQLO's new quarterly earnings report. The biggest market is still in China and South Korea.

Sales in the US continued to be weak, and Japan also suffered from bad weather.

UNIQLO's parent company, Fast Retailing, has just released its first three quarter of fiscal year 2015 (end of May).

Group revenue grew 24% to 3 billion 270 million dollars, and profits increased 36% to 230 million dollars.

Behind the overall figures, China and South Korea contributed most of the revenue, while the US and Japanese markets did not perform well.

Currently, UNIQLO has 814 homes in Japan.

There are 767 stores outside the store, including 442 in Greater China.

In the 2015 quarter of fiscal year three, China's revenue rose 42.5% in the three quarter, and 25.2% in operating profit. The first nine months were 481 billion 800 million yen, up 47% on the year, and 55% to 51 billion 900 million yen in business profits.

As for the Japanese local market, because of the cool weather in June, the demand for clothing in summer has been reduced, so that the same store sales have dropped by 12%, the biggest decline since October 2013.

But in 2015, UNIQLO launched a series of sports, driven by the AIRism underwear series, the overall revenue growth in the first three quarters reached 12%, and its profit growth reached 21%.

Kuni Kanamori, an analyst at SMBC, said that the poor performance of the Japanese market is only related to the weather rather than the product itself.

The performance of uniqo in the U. S. market is not satisfactory. Weak sales have led to a large price reduction and sales promotion, which has led to a continuous expansion of business losses.

The specific reasons were not disclosed.

The group's chief financial officer, Takeshi Okazaki, said at the press conference that the poor performance of Japan and the United States might drag down the group's annual sales performance, but he did not disclose details of the group's fourth quarter sales targets.

As for other global markets under fast selling group

It includes GU, Theory, CDC and PTT, J Brand, and so on.

GU sales performance is higher than expected, CDC and PTT followed by high-end brand Theory and J Brand continued to weaken.

It seems that competition in the clothing market is going to intensify.