Monthly Overview (September 2026)

FY2027

September

In September, although there were many rainy days, temperatures were lower than in the previous year and autumn-like weather continued, and full-price sales remained strong as a result of our continued focus since July on strengthening full-price sales as the top priority for KPI improvement. Therefore, net sales significantly exceeded the previous year's level, mainly driven by physical stores.

By product category, in addition to lightweight apparel, which continued to perform well, autumn products such as outerwear and jackets drove sales overall. By sales channel, new autumn products sold well at department stores, directly managed stores, and EC, while outlet stores performed strongly during the major holiday shopping period, with all sales channels exceeding the previous year's level.

As a result, sales at physical stores such as department stores, directly managed stores, and outlet stores were at 113% of the previous year's level, EC sales were at 102%, and total company sales were at 111% of the previous year's level.

Year-on-year Change in Retail Sales

  Sep. Oct. Nov. Dec. Jan. Feb. Last half
Total 111%            

By Brand

MACKINTOSH LONDON 117%            
MACKINTOSH PHILOSOPHY 116%            
Paul Stuart 108%            
EPOCA 100%            
Womenswear*1 110%            
Corporate brands*2 134%            
LOVELESS 127%            

By Channel

Department stores 111%            
Directly managed stores 123%            
EC 102%            
Outlet stores 119%            
  • Womenswear includes AMACA, EVEX by KRIZIA, TO BE CHIC and TRANS WORK.
  • Corporate brands include SANYOCOAT, S.ESSENTIALS, Sanyo Yamacho and ECOALF.

Number of Stores

  Aug 2025 Feb 2026 Aug 2026
  Actual YoY Actual YoY Actual YoY
Department stores 690 -12 672 -34 651 -39
Directly managed stores 35 -6 39 2 39 4
Outlet stores 41 1 46 6 47 6
Total 766 -13 757 -26 737 -29
  • Number of shop-in-shops for department stores. Directly managed stores incude shops in department stores based on lease agreement and Marui.