Tuesday, September 13, 2011
Men’s Retailers Fall in August
Four of the top men’s retailers reported a drop in same-store-sales for August. Leading the way was Haruyama Trading Co. with a 12.1% drop in sales, followed by Konaka Trading Co. with a 9.5% decrease. After that Aoki Holding (of Aoki Men’s) saw August sales drop 8.8% and rounding the month out was Aoyama Trading Co. (the trading company bringing you American Eagle) decreasing 8.9%.
August is traditionally not a strong month for fashion retailers as the sale season is over and the merchandise is transitioning from summer to fall.