Uniqlo Japan same-store sales plunge in April
Uniqlo Japan same-store sales, including online, plunged 56.5 per cent in April as the Covid-19 crisis led to restricted store opening times.
According to data released by parent Fast Retailing, total sales, including those of new stores, decreased by 57.7 per cent.
The company said customer visits to stores “dropped sharply”. Sales were “adversely impacted by the temporary closure or reduction in operating hours at more of our stores, and consumers deciding to stay at home to combat Covid-19,” the company said.
During the month of April, 311 stores were temporarily closed due to the advent of the coronavirus and 299 operated on reduced trading hours.
Fast Retailing said the monthly data was calculated without excluding stores that were either open for fewer hours or closed temporarily from the total number of same stores or own stores.
While Uniqlo Japan same-store sales data has been released, the company has not as yet shared data on its international operations.