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Thursday, 29 April 2021 16:04

Japan’s March apparel sales up

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According to Japanese Chain Stores Association (JCSA), apparel sales in the country increased to 72,027.55 million yen ($665.10 million) in March ’21 as against 47,561.47 million yen ($432.51 million) in February ’21. Growth could be attributed to an increase in total number of shops associated with JCSA in March ’21. The number of shops that remained open increased from 11,014 shops of 56 companies in February to 11, 789 in March. Of total revenues, menswear category registered revenues of 11,519.80 million yen ($106.37 million) revenues during March ’21, noting 21.40 per cent surge on M-o-M basis. On a Y-o-Y basis, menswear sales grew by 6 per cent as compared to sales figures seen in March ’20. Women’s wear revenues increased 53.70 per cent to 18,350.70 million yen ($169.45 million) in March ’21 on M-o-M basis and 12.30 per cent growth on Y-o-Y basis.

All other type of clothing including kid’s wear and unisex products too grew significantly by 61.30 per cent on monthly note to 42,157.07 million yen ($389.27 million), while the growth on Y-o-Y note was 4.70 per cent.