Uniqlo sales rise 26.9% thanks to summer range

503
At a press conference this week in London, Unique confirmed its commitment to sustainability by announcing its new recycling initiatives in partnership with Toray.
Uniqlo's new launches affirm the retailer's commitment to sustainability amidst fast fashion concerns.
// Uniqlo’s like-for-like sales, including online, increase 27.3% year-on-year in June
// Total sales increase by 26.9%

Uniqlo has revealed its like-for-like sales have recovered from a previous slow trading update thanks to its summer collection.

The fashion retailer said its like-for-like sales, including online sales, increased by 27.3 per cent year-on-year in the month of June in its domestic Japanese market.

Total sales surged by 26.9 per cent.

Fast Retailing, the parent company of Uniqlo, attributed the sales growth to its summer collections, which experienced a significant boost when the retailer moved its regular anniversary sale from May into June.

Uniqlo also said its strong performance in June was down to increased footfall in stores as well as increased online visitor traffic.

The average purchase per customer was reportedly higher than the year as a whole.

In May, the retailer recorded a 1.8 dip in like-for-like sales, while total sales fell by 1.7 per cent.

Meanwhile, Uniqlo opened two stores in Japan and closed four others during the month under review.

In April, Fast Retailing issued a profit warning after Uniqlo was forced to slash its prices on winter clothes following unexpected warm weather in the UK.

Click here to sign up to Retail Gazette‘s free daily email newsletter