Costume jewelry retailer Claire's Stores Inc reported that for the five weeks ended December 31, 2005 comparable store sales rose four percent, in contrast to the five-week period ended January 1, 2005 when comparable store sales rose five percent.
Total sales during the five-week period ended December 31, 2005 increased three percent to $231,454,000 compared with $224,024,000 for the comparable five-week period last year.
Comparable store sales results for December 2005 compared to December 2004 were as follows:
* Claire's North America: positive mid single digits.
* Claire's International: positive low single digits.
* Icing by Claire's: positive mid single digits.
Co-Chairman and Co-CEO Bonnie Schaefer stated that, Comparable store sales remained positive at International division during December.
Unfortunately, sales were negatively impacted on crucial shopping days between Christmas and New Year's.
Unusually severe weather conditions in both continental Europe and the United Kingdom had the effect of curtailing
Once the storms subsided, traffic quickly returned to more normal levels.
US based jewellery & accessories retailer Claire's Stores Inc is a leading international specialty retailer offering costume jewelry and accessories to fashion-aware tweens, teens and young adults through its two store concepts: Claire's and Icing by Claire's. While the latter operates only in North America (NA), Claire's operates internationally.
It operates 70 stores in the Middle East and Turkey under a licensing and merchandising agreement with Al Shaya Co Ltd and six stores in South Africa under similar agreements with The House of Busby Limited.