MATSUYA reports 18.2% rise in May sales, driven by tax-free purchases
MATSUYA CO., LTD. <8237> announced its May sales report after trading closed on the 8th. Combined sales at its Ginza and Asakusa stores rose 18.2% year-on-year. Tax-free sales increased by approximately 15%, driven by accelerated purchases from customers in Taiwan, Thailand, Europe, and the U.S., as well as the impact of foreign exchange rates. Sales to domestic customers also performed well, led by luxury brand shoes and bags, cosmetics, and high-end women's apparel.
Source: MINKABU PRESS
*Translated by generative AI. Click here for the original article.
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