Market downturn in the handbag business

「In the general merchandise business, the opening of 21 new 300-yen fixed-price illusie300 stores resulted in a substantial increase in revenue, although the variety merchandise format, bags and fashion accessories continued to struggle.」

「In the general merchandise business, overall sales expanded as the company actively opened IlluSee 300 stores, although existing stores in the variety-goods and handbag formats showed signs of struggling.」

「In the general merchandise business, there were periods of temporary difficulty in the variety merchandise and bags formats. However, 木糸土 and ハレノヒ, the lifestyle-oriented shops, performed well, while the expansion of new store openings under the 300-yen fixed-price general merchandise format contributed to steady overall performance in the business.」

「In the general merchandise business, there were periods of temporary difficulty in items related to starting a new life and in the bags format. However, the business overall performed steadily, with 300-yen fixed-price general merchandise and lifestyle-oriented shops such as 木糸土 and ハレノヒ performing well.」

「The handbag format showed signs of struggling, partly because of weakness across the overall market. However, the ¥300-price-point IlluSee 300 business continued to perform well, as it had in the previous period, while the emergence of hit toys boosted earnings in the variety-goods business. As a result, the general merchandise business as a whole remained steady throughout the year.」

「In the general merchandise business, the handbag format continued to struggle amid weakness across the overall market. However, greater accuracy in merchandise planning for ¥300-price-point general merchandise, together with improved product freshness, particularly for seasonal products, compared with the previous year, resulted in steady performance for the general merchandise business as a whole.」