ZOZO’s Sales Increased By 19.4% in the April-June
ZOZO, which operates the fashion EC mall “ZOZOTOWN”, has a 13.5% year-on-year increase in product transaction value (GMV) of ¥95.3 billion, and a net sales increase of 19.4% to 33.6 billion. It became a circle. Since the second half of the previous year, although high growth has been somewhat obscure so far, as many store opening tenants strengthened EC sales due to store closures due to the declaration of emergency, it returned to a high growth rate of more than two digits. It was Kotaro Sawada, President and CEO, said, “As the digital shift of the entire apparel industry progresses, we will lead the wave and take the lead.” In addition to LOEWE, which opened on May 29, there are also a number of high-end brands such as STELLA McCARTNEY and MARNI, and since October, the D2C brand has appointed influencers. Also plans to sell. The idea to maintain momentum from April to June throughout the year.
Operating profit increased 33.9% to ¥10.4 billion, ordinary profit increased 37.5% to ¥10.4 billion and net profit increased 37.5% to ¥7.3 billion. Although the SG&A expense ratio was 22.9%, a decline of 0.3 points from the previous year, the gross profit margin (compared to the transaction value of goods) was increased by 1.0 points to 33.9%, and the increase in logistics costs and personnel expenses was compensated by the expansion of GMV.
However, the unit price for shipping (AOV) dropped by 11.7% YoY to 7409 yen due to a prolonged sale to exhaust inventory from store tenants.
We also announced the full-year forecast for March 31, which was not disclosed in the new model Corona, GMV increased 12.2% year on year to 387.3 billion yen, sales increased 14.5% year on year to 143.7 billion yen, operating income increased 41.6% year on year 39.5 billion yen, ordinary income is expected to increase 42.9% to 39.5 billion yen, and net income is expected to increase 46.8% to 27.6 billion yen. The breakdown of gmv is that the mainstay “Zozo Town” increased by 7.2% to 331.0 billion yen, Pay Pay Mall increased 3.2 times to 20 billion yen, and the company’s EC support business increased by 66.2% to 20 billion yen. The advertising business, which has been under development for several years, is also expected to generate sales of 4.2 billion yen.
ZOZO's Sales Increased By 19.4% in the April-June - /10
ZOZO, which operates the fashion EC mall “ZOZOTOWN”, has a 13.5% year-on-year increase in product transaction value (GMV) of ¥95.3 billion, and a net sales increase of 19.4% to 33.6 billion. It became a circle.