According to recent data from the Japan Department Stores Association (JDSA), apparel retail sales in Japan dropped by 40% in the first half of 2020 compared to the same time in 2019. The decline was noted both in the January-March 2020 first quarter as well as in the April-June quarter of the COVID-19 struck. A monthly surge can be seen from mid-May onwards, as the state of emergency has been lifted in stages across the country since May 14, 2020 before being finally ended on May 25 , 2020.
As a consequence, growth was unprecedented in June ’20 over May ’20, which shows a large number of shoppers have come out buying post-pandemic apparels. The yearly decline among the majority of fashion shoppers shows lingering fears of infections in the region. Monthly rise of 217 percent in June ’20 over May’ 20 was huge, which is a strong sign that the post-outbreak rebounding of the apparel industry has begun. In the quarter affected by COVID-19 from April-June ’20, sales of Japanese apparel declined 66.81 per cent to $1.27bn. Sales declined 22.30 per cent from the same time in 2019 in January-March ’20 quarter to $3.28 billion.
Profits received from women ‘s wear in Q2 ’20 was priced at $817.24 million, a decrease of 66.42 per cent from Q2′ 19 and 60.14 per cent from the preceding quarter of 2020 when it accommodated $2.05 billion. Menswear clocked in $290.40 revenues in COVID-19 reached quarter April-June ’20, while January-March ’20 may earn $709.25 million from its sales. In June ’20, children’s wear sales fell 7.40 per cent over June’ 19. In June ’20 over May’ 20, a monthly surge of 49.66 per cent was reported in sales of kidswear.
, apparel retail sales in Japan dropped by 40%){kind=link}