September

In the apparel market during the month, the full-scale operation of autumn and winter goods was delayed in general do to the continuing extremely hot weather. However, the apparel market continued to be firm, mainly in luxury brands, supported by continued strong inbound demand.

In the first half of the month, we struggled due to the delay in the start of selling autumn and winter goods due to the effects of the extremely hot weather. However, since the intense heat had subsided toward the end of month, sales of autumn items started selling gradually. Besides, due to the effects of brand fairs and other sales promotion measures at brick-and-mortar stores, sales increased from the previous year.
However, this did not cover the struggle of the first half of the month, the monthly total sales fell slightly below the previous year.

By items, although sales of light outerwear such as jackets and blousons were relatively strong, sales of heavy clothing such as suits and coats were slow, and the full-scale operation of autumn and winter goods tends to be delayed.

Consequently, the monthly sales in Sptember of department stores, directly managed stores, outlets, and other brick-and-mortar stores were 98% of the previous year, EC sales were 101% of the previous year, and company's overall sales were 98% of the previous year.

Year-on-year Change in Retail Sales

• Corporate brands include SANYOCOAT, S.ESSENTIALS, Sanyo Yamacho and ECOALF.
• Womenswear includes AMACA, EVEX by KRIZIA, TO BE CHIC and TRANS WORK.

Number of Stores

• Number of shop-in-shops for department stores. Directly managed stores incude shops in department stores based on lease agreement and Marui.