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WORLD CO., LTD. reports first year-on-year increase in existing store sales in three months for May
WORLD CO., LTD. <3612> announced after the close on June 3 that its domestic existing-store sales for May rose 4.9% year-on-year, marking the first growth in three months.
The retailer estimated that two additional holidays compared with the prior year contributed approximately 3.9 percentage points to the gain, while rising temperatures boosted sales of summer merchandise. Additionally, momentum from merchandising reforms expanded across its apparel portfolio, extending to brands such as Takeo Kikuchi and Shoo-La-Rue following previous success with Untitled. Total domestic retail sales, including both store and e-commerce channels, jumped 15.0% year-on-year.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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