H&M Is Not Alone. UNIQLO Sales In Japan Rose 27.3% In June.
Previously announced the two quarter, once stimulated Hennes & Mauritz AB (HMb.ST) Haines Maurice group (hereinafter referred to as "H&M group") share price of the June sales sentiment, seems to have formed a consensus on clothing specific body.
Asian clothing giant Fast Retailing Co. Ltd. (9983.T) (6288.HK) fast marketing group flagship brand Uniqlo UNIQLO June 722 comparable stores in Japan, the same store sales soared 27.3%, in one fell swoop so far this year's negative performance flatten, the first 10 months of the same store sales in the past three quarters of 0.7% decline, rising 1.3%, it is evident that in June the performance of the year's contribution to the huge.
In June, its sales performance was similar to that of May, which focused on the summer heat wave to enhance sales sentiment. Meanwhile, the group's 5-6 year anniversary anniversary event also made a huge contribution to June. When it announced the decline in May performance, Xun once explained that the impact of the anniversary celebration was postponed.
The strong performance in June is reflected in the two aspects of passenger flow and passenger unit price. Passenger traffic has surged by 25.6% annually, and the passenger unit price has also recorded an increase of second times this year. The increase of 1.4% is slightly weaker than that of 2018 September, which was 2.5%. In September 2018 -2019 June, the overall passenger flow of UNIQLO Japan increased by 3.4%, but the unit price of passenger still slipped by 2%.
UNIQLO Japan closed 4 stores in June, and opened 2 new stores, a net loss of 2 stores to 777 stores. Sales of all stores and online channels increased by 26.9%. Sales increased 1.3% in the first 10 months and 0.7% in the first 9 months. So far this year, the brand has closed 6 stores.
H&M group, one of Europe's main rivals, said last week that global sales increased by 12% on the local exchange rate since June, and the growth rate was much higher than 6% in the two quarter of May 31st. Management said that summer sales were "a very good start" thanks to the rise of Europe, especially the Nordic heat wave.
At the end of May, the heat wave hit Asia at the same time, and many cities in China continued to exceed 30 degrees Celsius.
When evaluating H&M group performance, Group CEO Karl-Johan Persson also indicated that there was "external" reason for June performance. The Inditex SA (ITX.MC) Indo Textile Group has also indicated that the first five weeks of global sales growth since the two quarter of May accelerated from 9.5% to 5% in the first five weeks. The Spanish giants also attributed the increase to the weather.
However, due to the release of the performance, Fast Retailing Co. Ltd. (9983.T) (6288.HK) XXX group shares had not been boosted on Tuesday, but fell 0.99% yen to 65090 yen in the Tokyo market, while the Hongkong market closed at HK $46.95, up 0.11%, and so far this year has risen 15.47% and 18.41% respectively in the East Exchange and the HKEx.
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