TOKYO — Uniqlo, Isetan Mitsukoshi and Takashimaya reported double-digit drops in March sales, providing the latest indications of how much Japanese consumers are holding back in the immediate aftermath of the earthquake and tsunami disaster.
Uniqlo’s corporate parent Fast Retailing said same-store sales at the fast-fashion chain slid 10.5 percent last month. The comp figures refer exclusively to Uniqlo’s Japan operations. Despite the drop, a Fast Retailing spokesman said the company was encouraged by the demand for some key spring items like chinos, cargo pants and machine washable sweaters.
Hermès is launching a Laundromat pop-up shop in NYC - dubbed Hermèsmatic - where customers can bring their old scarves to be dip-dyed by an expert. Get all the details on WWD.com. #wwdnews (📷: @donstahl)