UNIQLO'S Performance In Japan'S Domestic Market For Two Consecutive Months Is "Too Much To Eat".
It is called: "it's all your fault. The moon is causing trouble."
In September, sales of 798 stores in Uniqlo UNIQLO, Japan, fell by 3.9%, if coupled with online sales.
Japanese market
Overall sales of Uniqlo UNIQLO slipped by 2.5%, and overall passenger traffic growth of 3% failed to offset the 5.3% decline in passenger price.
The weakness of Uniqlo UNIQLO is also a microcosm of Japan's overall retail weakness.
This is the two month sales of Uniqlo UNIQLO in Japan's domestic market.
In the first month of the new fiscal year, Uniqlo UNIQLO's same store sales in the Japanese domestic market (760 more than 1 years + online business) fell by 3.4%, the largest apparel group in Asia.
Fast Retailing
Co. Ltd fast marketing group blamed the September performance on hot weather, resulting in weak sales of autumn clothes.
This is Uniqlo UNIQLO in the Japanese market for two consecutive months.
Sale
In the last 2016 months of fiscal year Uniqlo, UNIQLO's same store sales in the Japanese domestic market fell by 1%, while sales in August declined. Uniqlo UNIQLO blamed for the cooler weather and Typhoon Effects in the first half of August.
With the failure of Andouble economics and the double effect of the strong yen appreciation and the depreciation of RMB, the growth of Chinese tourists to Japan declined. As of August, the Japanese retail market has been declining for 6 consecutive months.
On Tuesday, the shares of Fast Retailing Co. Ltd group rose 33490 yen, up 1.55%, but the stock has fallen 21.46% so far this year, and the decline has reached 31.27% over the past year.
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