Pursuits
Fast Retailing’s Uniqlo Posts Smallest Sales Drop in 3 Months
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Fast Retailing Co., Asia’s biggest clothing chain operator, posted the smallest sales decline in three months for its Uniqlo stores in Japan as cold weather in the final week of October spurred demand for winter apparel.
October same-store sales, or sales at Uniqlo stores open at least a year in Japan, dropped 1.1 percent, the Yamaguchi city, Japan-based company said in a statement today. Revenue per customer fell 0.9 percent. The company’s sales in October 2009 surged 36 percent.