Reuters reports that Uniqlo's July sales fell over 4% in July. It was the first drop for Uniqlo in nine months. Unseasonably rainy weather is being blamed for the drop in sales.
Fast Retailing (9983.T) said on Tuesday same-store sales at its Uniqlo casual-clothing chain in Japan fell 4.2 percent in July, the first drop in nine months, hit by unseasonably rainy weather.
The company has been one of very few winners among Japan's major retailers amid the recession, logging strong monthly sales growth by attracting thrifty consumers.
Fast fashion retailers like Uniqlo and Forever 21 had been thriving in Japan despite the recession until this month. Uniqlo had a big jump in sales in May. If the weather improves then maybe Uniqlo's sales will rebound.
Reuters 
