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Friday, December 3, 2010

Uniqlo Same-Store-Sales Down Again

For the fourth month in a row and the ninth month this year same-store-sales at Fast Retailing`s Uniqlo brand have dropped. November same-store-sales dropped a significant 14.5%, with customers decreasing 7% and sales per customer down 8.1%. 
Fast Retailing held a special four-day sales campaign celebrating Uniqlo`s 61st anniversary and during this promotional campaign sales dropped 4.48%. 

Is Japan getting tired of Uniqlo?  Or are there too many Uniqlo stores (over 800) to actually sustain positive sales month-to-month.  Maybe it is time for Fast Retailing to consider the Law of Diminishing Returns.

Data Fast Retailing Corporation

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