TOKYO — Fast-fashion giant Uniqlo today reported a four-percent drop in same-store sales for October, blaming unseasonably high temperatures toward the end of the month, which hindered sales of winter items.
The drop marks the third straight month of decline in comps for Uniqlo, which recently opened a large flagship on Fifth Avenue in New York. The company’s same-store sales figures only take into account its operations in Japan. The chain, owned by Fast Retailing Co. Ltd., often blames irregular weather patterns for its declining comps.
Japan’s department stores, on the other hand, experienced sales increases in October. Isetan Mitsukoshi Holdings said Tuesday that sales at its nine main stores increased by 1 percent in year-on-year terms. Sales at individual stores were up as much as 11.8 percent.
Takashimaya said that sales at its 18 stores in Japan rose by 0.3 percent, despite drops of up to 6.8 percent at individual stores. This marks the third straight month of sales increases for the retailer, which said that luxury brands, jewelry and other big-ticket items have been moving particularly well. The company also mentioned that it has already been receiving a good amount of pre-orders of Christmas cakes and specialty foods served during the New Year holidays.
The Hankyu and Hanshin department store chains, operated by H2O Retailing, reported a 7.6 percent increase in sales compared with the same month last year, however same-store sales were down 4.4 percent. This is due to various store closures and renovations, including the Hankyu Men’s Tokyo store, which opened last month in Yurakucho.
J. Front Retailing, which operates the Daimaru and Matsuzakaya department stores, said Wednesday that sales at its stores rose by 3.5 percent in October.
“Autumn-winter clothing and accessories, such as women’s knits and coats and men’s Warm Biz related items, moved very well,” the company said in a release. “Expensive items such as luxury brand goods, paintings and watches also performed favorably.”