Further strengthening products for F1 and M1 segments and new business formats
First written in FY2016. 8 of 18 entries say "Worsened", first in FY2018-Q2. Latest entry: FY2023-Q1.
Sac'S Bar Holdings moved to the "Worse" side of this theme in 2018.
The whole theme swung hardest in 2020: 2 of 14 companies on the "Worse" side.
2 other companies' latest entry also says "Other".
- FY2023-Q1Returned to Year-on-Year Revenue GrowthAnnual report
「Casual bags and miscellaneous goods rose 8.1% and 9.9%, respectively, but only modestly.」
Casual bags, which had continued to underperform, turned to 8.1% year-on-year growth in the first quarter. The report does not describe specific measures for collaborative brands targeting F1 women or for new formats. - FY2022Continued Weak Performance, Narrower DeclineAnnual report
「Sales volumes declined for casual bags and imported bags, which fell 9.2% and 14.7%, respectively, year on year.」
Casual bags fell 9.2% year on year and imported bags fell 14.7%. Casual bags continued to underperform, but the decline narrowed from the sharp revenue drop in the previous year. - FY2022-Q3Continued Weak Performance, Narrower DeclineAnnual report
「Sales volumes declined for casual bags and imported bags, which fell 9.8% and 18.7%, respectively, year on year.」
Casual bags fell 9.8% year on year, narrowing the decline from 11.3% in the cumulative previous quarter. Imported bags, meanwhile, fell 18.7%. - FY2021WorsenedAnnual report
「Lower unit prices caused handbags and casual bags to fall 32.1% and 39.1%, respectively, year on year.」
The decline in casual bag revenue widened to 39.1% year on year, and the sales environment for the category, which is central to renewed efforts targeting F1 women and new formats, deteriorated. - FY2020WorsenedAnnual report
「Casual bags fell sharply by 16.9% year on year to ¥3,486 million as sales remained generally sluggish amid the absence of a major trend.」
Casual bag sales remained sluggish in the absence of a major trend, falling 16.9% year on year. - FY2020-Q3WorsenedAnnual report
「Casual bags fell 15.3% year on year as sales of collaborative products with apparel brands continued to decline.」
Collaborative products with apparel brands continued to underperform, and the decline in casual bags widened from 14.7% in the previous quarter to 15.3%. - FY2020-Q2Continued Weak Performance, Narrower DeclineAnnual report
「Casual bags fell 14.7% year on year as sales of collaborative products with apparel brands continued to decline.」
Collaborative products with apparel brands continued to underperform, but the decline narrowed from 18.7% in the previous quarter to 14.7%. - FY2020-Q1Continued Weak Performance, Narrower DeclineAnnual report
「Casual bags fell 18.7% year on year as sales of collaborative products with apparel brands continued to decline.」
Sales of collaborative products with apparel brands continued to decline, but the year-on-year decrease narrowed slightly from 18.8% in the previous quarter to 18.7%. - FY2019WorsenedAnnual report
「Casual bags fell 18.8% year on year to ¥4,195 million as sales of collaborative-brand products targeting F1 women (women aged 20 to 34) continued to decline.」
Casual bags fell 18.8% year on year as collaborative-brand products targeting F1 women continued to underperform. - FY2019-Q3Continued Weak Performance, Narrower DeclineAnnual report
「Casual bags declined 18.5% year on year as sales of products developed in partnership with apparel brands continued to fall.」
The weak performance of products developed in partnership with apparel brands continued, but the decline in casual bags narrowed from 19.1% in the previous quarter to 18.5%. - FY2019-Q2WorsenedAnnual report
「Casual bags declined 19.1% year on year as sales of products developed in partnership with apparel brands continued to fall.」
The weak performance of products developed in partnership with apparel brands continued, and the decline widened from 18.9% in the previous quarter to 19.1%. - FY2019-Q1Continued Weak Performance, Narrower DeclineAnnual report
「Casual bags declined 18.9% year on year as sales of products developed in partnership with apparel brands continued to fall.」
The weak performance of products developed in partnership with apparel brands continued, but the decline narrowed from 20.7% for FY2018 as a whole to 18.9%. - FY2018WorsenedAnnual report
「Casual bags declined 20.7% year on year to ¥5,165 million, due to a substantial decline in sales of partner-brand products targeting the F1 segment, women aged 20 to 34.」
The weak performance of partner-brand products targeting the F1 segment continued, and the decline in casual bags widened to 20.7% year on year. - FY2018-Q3WorsenedAnnual report
「Casual bags underperformed, with sales down 20.3% year on year due to a substantial decline in sales of products developed in partnership with popular apparel brands.」
The weak performance of products developed in partnership with popular apparel brands continued, and the decline in casual bags widened to 20.3% year on year. - FY2018-Q2WorsenedAnnual report
「Casual bags underperformed, with sales down 17.1% year on year due to a substantial decline in sales of products developed in partnership with popular apparel brands.」
The weak performance of products developed in partnership with popular apparel brands continued, and the year-on-year decline widened from 16.9% in the first quarter to 17.1%. - FY2018-Q1Weak Performance of Partner ProductsAnnual report
「Casual bags underperformed, with sales down 16.9% year on year due to a substantial decline in sales of products developed in partnership with popular apparel brands.」
Sales of products developed in partnership with popular apparel brands declined, resulting in a 16.9% year-on-year decrease in casual bags. - FY2017AdvancedAnnual report
「In addition to the core shop brands "SAC’S BAR," "GRAN SAC’S" and "LAPAX," we opened stores for "Booth by FILTERS" and "efffy’s closet." For stores carrying accessories, we opened "Amatone Accesso’rio" and "Beau Atout."」
While sales of partner brands targeting the F1 segment continued to decline, the company strengthened its range of products not targeting the F1 segment and opened stores including "Booth by FILTERS." - FY2016First statedAnnual report
「For casual bags, we will review the unit prices, designs and brand mix of partner brands targeting the F1 segment, while renewing our focus on initiatives involving brands not targeting the F1 segment, in an effort to increase sales. For men's bags, we will promote the "number-one store in the region" strategy and expand the brand lineup, while also working to establish "FILTERS," a new format combining men's bags and miscellaneous goods for the M1 segment (men aged 20 to 34), in order to expand sales.」
The strategy combines a review of brands for the F1 segment of women aged 20 to 34, "FILTERS" for the M1 segment of men aged 20 to 34, and the "number-one store in the region" strategy.