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. But it's talking a huge game, and it'll be one hell of a feat if it can actually reach $10 billion in sales by 2020. 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. Uniqlo parent logs first September-November profit drop in 3 years.
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.
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. Retail experts, while noting Uniqlo's appeal in urban areas, agree it's a farfetched goal, especially given the apparel industry as a whole isn't growing that quickly. The company added that full-year same-store sales, including online sales, expanded by 1 percent. Net profit slid to 73.4 billion yen ($677 million) on revenue of 644.4 billion yen, up 4%, in results out Thursday. Uniqlo operations outside Japan booked 13% operating profit and revenue growth for the September-November quarter, driven by Chinese business.
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. Looks like your browser doesn't support JavaScript. 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. Let's take a look at that goal in context. The fall-winter product mix is "too focused on warm clothing," Chief Financial Officer Takeshi Okazaki told a news conference.
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. 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.
In fiscal year 2020, Fast Retailing expects to achieve consolidated revenue of 22.3 billion dollars, an increase of 4.8%. "While new ranges and trendy products such as premium lambswool sweaters, boa fleece sweatshirts, fluffy fleece, and knitted coats sold well, sales of core Winter items struggled overall in the face of especially mild weather in October and November," the company said of Japan. 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. 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. A year earlier, cold temperatures had fueled sales so strong that store inventories ran short. This content was commissioned by Nikkei's Global Business Bureau. Esses Cookies nos permitem coletar alguns dados pessoais sobre você, como sua ID exclusiva atribuída ao seu dispositivo, endereço de IP, tipo de dispositivo e navegador, conteúdos visualizados ou outras ações realizadas usando nossos serviços, país e idioma selecionados, entre outros. This time around, such key seasonal offerings as down clothing, sweaters and Heattech undergarments struggled amid warmer-than-expected weather.
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. 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. It might make more sense if Fast Retailing, overall, thinks it can get to $10 billion in sales across a portfolio of brands through acquiring companies such as J.Crew, said Hana Ben-Shabat, a partner in the retail practice at management consultant A.T. Kearney. Full-year online sales increased by 32 percent to 83.2 billion yen, and the online sales proportion of total revenue rose from 7.3 percent to 9.5 percent. There are more than 2,000 Uniqlo stores in 21 countries with 827 in Japan. Operating profit sank 8% to 104.6 billion yen. Want to support our journalism? Get trusted insights from experts within Asia itself.
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