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Japan fashion retailers' report ease in coronavirus sales slump


Two Japanese fashion retailers reported a ease in sales slump in June over the previous few months as consumers started to shop for clothes and shoes again despite lingering worries about the coronavirus.

The same store sales of popular sneaker chain ABC-Mart declined by 1 per cent year-on-year in June, after falling by 45 per cent in April and 4 per cent in May.

The June sales of United Arrows, which sells high-end imported brands and casual, private-brand clothes declined by 4 per cent year-on-year, after tumbling 62 per cent in April and 46 per cent in May.

Major Japanese retail chains reopened in late May after the government lifted a state of emergency. Fast Retailing Co, owner of Japan’s biggest fashion brand Uniqlo, is due to announce its latest sales data and quarterly financial results next week.