CUBE CO. August Sales Dip Amid Weather Challenges

CUBE CO.,LTD. (JP:7112) has released an update.

CUBE CO., LTD. reports a year-on-year decline in August 2024 sales across all channels, with figures dropping to 89.5% for all stores and 87.1% for existing stores. Adverse weather conditions, including a heatwave, earthquake alerts, and typhoons, significantly reduced foot traffic and led to temporary store closures. Despite these setbacks, the company plans to boost sales with new fall-winter collection products, store reopenings, and pop-up store expansions in September.

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