Amidst declining apparel retail sales in Japanese chain stores on monthly basis, menswear remained less affected for the second consecutive month in May ’21, as suggested by Japanese Chain Stores Association (JCSA) data.
The total revenues in apparel segment of Japanese chain stores were 60,889.61 million yen (US $ 549.57 million) in May ’21 as compared to 64,326.58 million yen (US $ 587.42 million) in April ’21 – noting 5.30 per cent monthly decline.
It’s worth noting here that March has been the only month in 2021 till now when revenues of apparel stores associated with JCSA grew on monthly basis, while the same has slumped in January, February, April and now in May.
However, revenues from menswear sales were marginally up by 0.10 per cent on M-o-M basis and hit a figure of 11,272.91 million yen (US $ 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 (US $ 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.