JAPAN: Uniqlo sales fall in June as temperature drops
Uniqlo saw its domestic same-store sales fall 7% in June as the Japanese casual wear retailer blamed cooler weather for dampened sales of summer clothing.
Uniqlo also attributed the decline to a typhoon, which swept across Japan. Meanwhile, sales at its own stores declined 4.3%, as total sales including online sales fell 4.6%.
The 37 stores that were unable to operate for one week or more after the March 2011 earthquake and tsunami disaster have been removed from the same-store total from March last year.
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Fast Retailing, which operates the Uniqlo brand, is to acquire a majority stake in fashion firm J Brand as it looks to strengthen its position in the US....
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Japanese casual clothing retailer Uniqlo has today (2 November) blamed a fall in October same-store sales on persistently warm weather, which stifled demand for autumn and winter garments....
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