Operating profit sank 8% to 104.6 billion yen. Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century. A year earlier, cold temperatures had fueled sales so strong that store inventories ran short. Nikkei Inc. No reproduction without permission. Revenues at Uniqlo Japan of 872.9 billion yen, rose 0.9 percent, while operating profit totalling 102.4 billion yen, declined 13.9 percent. Fast Retailing, which doesn't break out Uniqlo's American sales, forecasts all of its Uniqlo stores outside of Japan — including more than 400 stores from Europe to China to Southeast Asia — will post the equivalent of $3.4 billion in revenue this year through August. Mild temperatures forced Uniqlo to hold many clearance sales in Japan, as at this store in Tokyo's upscale Ginza shopping district. Uniqlo's International Revenue For Last Quarter Is $2.3 Billion USD: For the first time, the retailer has more sales outside Japan than in it. But almost a decade after Yanai started his foray into the U.S., Uniqlo appears as if it's going to fall short of its lofty ambitions. 'Our decision to discontinue the use of alpaca is part of our ongoing effort toward ethical and responsible procurement and to ensure our products are socially and environmentally sustainable,'' the representative of Uniqlo … The company added that full-year same-store sales, including online sales, expanded by 1 percent. Assuming Uniqlo is as productive as much pricier shopping option J.Crew — which just said it makes $671 in sales per square foot — those stores would bring in $805 million in revenue for the year, plus whatever incremental sales come from the internet.


China is also a cash cow. Caso não concorde com o uso cookies dessa forma, você deverá ajustar as configurações de seu navegador ou deixar de acessar o nosso site e serviços.
Breaking down the strong UNIQLO International performance into individual markets, UNIQLO Greater China reported strong gains in both revenue and profit, with revenue expanding by 14.3% year-on-year to 502.5 billion yen and operating profit rising by 20.8% year-on-year to 89.0 billion yen. "Seasonal factors are not the only reason for sluggish sales" in Japan, a company official pointed out. After all, it already owns Theory and Helmut Lang. The fall-winter product mix is "too focused on warm clothing," Chief Financial Officer Takeshi Okazaki told a news conference. To that end, Uniqlo has stepped up its marketing in the U.S., airing compelling commercials set to piano music that highlight the simplicity and comfort of the brand's clothes, and has hired Pharrell Williams as a spokesman. Let's take a look at that goal in context. Cookie Policy Posted on March 27, 2014, at 2:43 p.m. Get trusted insights from experts within Asia itself.

The market is integral to his hope for $50 billion in global sales at that point, a leap from Fast Retailing's current $11 billion. Uniqlo decides to discontinue the alpaca wool starting from the 2021 autumn/winter collection. Uniqlo’s parent company Fast Retailing has posted record annual figures while expecting even better results throughout the coming year.

This Uniqlo commercial has been appearing on Hulu. Looks like your browser doesn't support JavaScript. Utilizamos cookies, próprios e de terceiros, que o reconhecem e identificam como um usuário único, para garantir a melhor experiência de navegação, personalizar conteúdo e anúncios, e melhorar o desempenho do nosso site e serviços. Discount sales put the squeeze on margins. The core of the apparel lineup for the fall-winter 2018 season was little changed from a year earlier. Uniqlo operations outside Japan booked 13% operating profit and revenue growth for the September-November quarter, driven by Chinese business. Since those locations represent extremes, let's say the average store comes to 40,000 square feet (though it's probably smaller than that), giving Uniqlo 1.2 million of U.S. square footage at the end of August. Uniqlo added items like redesigned Heattech leggings to its lineup, but these products lack a "wow" factor, a company source said. Uniqlo parent logs first September-November profit drop in 3 years.

It's also launching a line of items designed by influential artists and a collaboration with the Museum of Modern Art under "SPRZ NY," which stands for "Surprise New York.". Nearly every story has included comments from CEO Tadashi Yanai proclaiming, as he has for years and years, that his company will one day be the biggest clothier in the U.S. and the world. Overall, Uniqlo international revenue and profit both increased over the fiscal year, with revenue totaling 9.5 billion dollars, an increase of 14.5% year-on-year. Maheshwari reports on retail and e-commerce. Uniqlo Japan revenues rose 6.7 percent to 864.7 billion Japanese yen and operating profit totalled 119 billion Japanese yen, an increase of 24.1 percent.

(Uniqlo USA reported a second annual operating loss in August.).

Despite Gap and Old Navy's size, its stores and websites in the U.S. don't make $10 billion in sales a year. Sign up to our newsletters to get our best stories delivered straight to your inbox. And that's not even possible — Uniqlo plans to operate 200 U.S. stores by 2020. YOSHIHIRO HARA and MIWA NARUSE, Nikkei staff writers, Uniqlo parent goes digital as it faces Amazon, Muji, Japan's 'no brand' brand, battles copycats in China.

This content was commissioned by Nikkei's Global Business Bureau. The slowdown at home stands in stark contrast to brisk performance abroad. Tadashi Yanai, chief executive of Fast Retailing Co Ltd. "This is a very ambitious target for sure, and I think it will be very challenging to get there within that time frame," Ben-Shabat told BuzzFeed. (Uniqlo declined to comment for this story through an external spokesperson, though said it stands by Yanai's 2020 ambitions.). The Japanese apparel retailer Uniqlo Co., Ltd. generated a revenue of almost 865 billion Japanese yen in fiscal year 2018. Para saber mais sobre nossa política de cookies, acesse link. New winter collection lacked appeal during mild Japanese autumn. Even if sales could somehow reach that number, it would cost so much in aggressive expansion and marketing that it's hard to see the business being profitable, she said. In fiscal year 2020, Fast Retailing expects to achieve consolidated revenue of 22.3 billion dollars, an increase of 4.8%. Stay ahead with our exclusives on Asia; the most dynamic market in the world. Uniqlo's international revenue has surpassed its Japanese revenue since the year ended August 2018.

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