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Japan’s apparel sales fall by 20% in January: JCSA

  

Japanese apparel sales fell by 20 per cent in January on a year-on-year basis. As per the data obtained from 10,997 stores of 56 companies associated with Japan Chain Stores Association (JCSA), these stores clocked revenues worth 59,288.98 million yen in January ’21, which valued 74,204 million yen in January ’20.

Menswear clocked 11,002.90 million yen revenues during January ’21, which is a significant fall of 26.40 per cent on Y-o-Y basis The revenues were down on M-o-M basis too as there was a 20.70 per cent decline noted in January as compared to December ’20.

Womenswear revenues valued 14,559.98 million yen in January with a drastic fall of 29.40 per cent on Y-o-Y basis. However, M-o-M decline was not huge as the sales of women clothing in Japanese chain stores dropped by 14.80 per cent as compared to December ’20.

All other types of clothing, including kidswear, clocked revenues worth 33,726.23 million yen, a decline of 12.60 per cent; however the drop was discouraging for the retailers as compared to December ’20 as a huge 31.80 per cent drop was recorded on monthly note.

 
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