UNIQLO Sales Fell More Than 50% In April.
Uniqlo Relevant data show that during the epidemic period, consumers reduced the impact of going out. In April, sales of Japanese electricity suppliers and offline sales fell 56.5% compared with the same period last year, while total sales dropped 57.7%, which was further expanded compared with the 27.8% decline in March.
By the end of April, UNIQLO had temporarily closed 311 stores in Japan, while the other 299 stores continued to operate, but the business hours were shorter than normal.
The fast selling group of UNIQLO expects that the impact of the epidemic will lead to a 38% decline in fiscal year 2020, down to 100 billion yen. Even in China, which has been gradually restored to normal, store sales have only returned to 60%-70%, which is not comparable to the previous business status.
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