Welcome to Fibre2fashion.com    
fibre2fashion
Radianza
Textile | Apparel |  Fashion | Technology | Technical Textiles  | Corporate | Associations Android app on Google Play Android app on Google Play
 
Home >> News
 

Uniqlo’s same store sales slip 4.8% in July

August 04, 2014 (Japan)

Apparel retailer Uniqlo announces sales results for the month of July 2014. For July 2014 same-store sales decreased by 4.8% year on year while sales at our own stores decreased by 2.9%. Total sales including online sales decreased by 2.5%.

Same-store sales contracted year on year in July as typhoons, heavy rain and generally unstable weather knocked the number of customer visits below the previous year's level.

UNIQLO Japan is the nation's largest apparel retail chain with a 5.5% share of the ¥10.7 trillion Japanese apparel market, and a network of 853 stores at end of August 2013 generating annual net sales of over ¥683.3 billion.

The first UNIQLO casualwear store opened in Hiroshima City in western Japan in 1984. The subsequent opening of multiple suburban roadside stores brought rapid growth, culminating in the 1998 fleece apparel campaign which sparked a UNIQLO boom throughout Japan.

UNIQLO Japan then experienced a period of falling sales and profits, but performance recovered thanks to a determined focus and expansion of women wear.


Uniqlo
More Uniqlo News...
More Apparel/Garments News - Japan...

 
Email this
Story
Print this
Story
Letter to
Editor
Sign Up for
News Letter
Search
Companies
 
 
  RSS