Apparel stores associated with Japan Chain Stores Association (JCSA) have seen drastic decline in their sales revenues during February ’22, both on Y-o-Y and M-o-M basis.
According to the latest data released by JCSA, apparel retail revenues valued 40,767.97 million yen (US $ 330 million) in Feb. ’22 as against 58,553.32 million yen (US $ 506.82 million) in January, noting 30.40 per cent monthly decline, whereas yearly fall registered was 9.10 per cent.
Revenues generated by womenswear products were 10,433.24 million yen (US $ 84.46 million) in Feb. ’22 as compared with 14,643.73 million yen (US $ 126.75 million) in January ’22. The women’s clothing revenues fell by 28.80 per cent on monthly basis.
The sales of menswear products valued 7,559 million yen in Feb. ’22, declining drastically from 11,555.91 million yen (US $ 100 million) in Jan. ’22 and noting 34.60 per cent monthly fall.
All other types of clothing, including kidswear, noted Y-o-Y growth of 3.50 per cent, while falling by around 19 per cent on monthly note. Revenues in this category were 22,775.74 million yen (US $ 184.37 million) in Feb. ’22 as compared to 32,353.52 million yen (US $ 280 million) in the preceding month.
