TOKYO, Jun 08 (Pulse News Wire) – Matsuya CO.,LTD. (8237.T) reported a sales increase of approximately 19% for its Ginza store in May compared to the previous year, while the overall Ginza flagship store, combining Ginza and Asakusa stores, saw a rise of approximately 18.2%.
Exempt sales showed robust growth driven by customers from Taiwan and other countries, contributing to an overall increase of approximately 15%. In addition to strong exempt sales, domestic customer sales excluding exemptions also performed well, particularly in luxury items such as shoes, bags, cosmetics, and high-end women's clothing, which grew by about 20% year-over-year. The company plans to continue focusing on attracting international customers and implementing various strategies to boost domestic foot traffic.
Separately, the company detailed category-wise sales performance showing significant gains across multiple product lines. Men’s wear and western goods increased by 9%, women’s wear and western goods by 20.5%, children’s wear and western goods by 7.8%, and kimonos and bedding by 43.7%. Household items, furniture, electronics, and food products also posted positive growth rates ranging from 10.4% to 37.4%, except for foodstuffs, which declined by 9.2%.
The company expects to release its June sales forecast on July 1 at 16:00.
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