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Wednesday, 30 June 2021 16:34

Menswear sales in Japan stabilize for second consecutive month in May

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As per data released by the Japanese Chain Store Association, menswear sales remained less affected for the second consecutive month in May ’21.

The apparel segment in Japanese chain stores generated sales worth 60,889.61 million yen ($549.57 million) in May ’21 as compared to 64,326.58 million yen ($587.42 million) in April ’21 – noting 5.30 per cent monthly decline.

As per Apparel Resources, revenues from menswear sales increased marginally by 0.10 per cent on M-o-M basis and hit a figure of 11,272.91 million yen ($101.75) in May ’21, while the sales increased by 12.70 per cent on yearly basis as compared to May ’20.

The sales of womenswear products valued 15,766.13 million yen ($142.30 million) in May ’21 and dropped by 2.40 per cent on M-o-M basis.

All other types of clothing including kidswear took a significant dent of 8.30 per cent on monthly note in May ’21 and accommodated 33,850.54 million yen (US $ 305.52 million) revenues.