Affected By The Weather Last Month, Japanese UNIQLO Discount Store Sales Fell 5%

According to the world clothing and shoe net, in the past December, Japanese retailers were mixed. Low price retailers suffered the adverse effects of abnormal warm weather, while large department stores benefited from the weak yen and duty-free policies.

Thursday,

The fast selling group of the parent company announced its sales in December. Last month, the sales of the UNIQLO discount stores in Japan decreased by 5%, and the traffic volume dropped by 4%. The average price of each shopping list fell by 1%.

UNIQLO spokesman said last December's exceptionally warm weather was the core reason for this month's sluggish sales.

There are no new or closed shops in the month. Currently, the group has 800 UNIQLO retail stores in Japan.

Last October,

The 2016 annual report shows that UNIQLO's performance in the Greater China region is the most outstanding, especially since the mainland's sales rebound and effective cost reduction measures have been effective since the second quarter. Despite the decline in profits throughout the year, UNIQLO was the only region in the Greater China region to perform better than expected in the second half of the year, and Japan has gradually lost the advantage of the group in relying on development.

Another Japanese cheap fashion retailer, Shimamura TYO:8227, said retail sales fell 4.4% last month, and passenger traffic fell by 2.6%, an average price of 1.8% per shopping list, and 4 new stores in December.

There are 1365 shops in Japan.

Isetan, Mitsukoshi Holdings TYO:3099 (TYO:3099) said that the average sales of 9 department stores in downtown Tokyo fell by 1.9% last month, while the sales of last month's flagship store in Shinjuku, Tokyo, grew 0.1%, while the largest decline was in the suburbs, and sales fell by 18.3%.

High Island house Takashimaya TYO:8233 increased sales by 17 in Japan's 0.5% department stores last month. Shopping malls in downtown areas performed well, with the best performance in shopping malls in Osaka, with a 5.4% increase, while shopping malls in rural areas were disappointing and sales dropped to 15.1%.

A spokesman for Takashima Ya said that sales continued to rise steadily in December as the yen continued to slack, the stock market rose and the positive effect of the tax exemption policy continued until January this year.

H2O Retailing department store H2O revealed that the group's sales in Japan's department stores rose 1.3% in December, the first sales growth since July last year.

Despite the rebound in sales performance of department stores, the challenge of fashion retailing is still grim. Japanese retailers are struggling to cope with the purchasing power of their consumers, and Japanese retailers are almost in trouble.

After its disappointing earnings report in the first half of fiscal year 2016, XXX plans to promote its business through price cuts.

Ryui Masa, chairman and CEO of April, said that UNIQLO would return to the simple pricing mechanism, which has proved to be a mistake in the past two years.

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