J. Front Retailing reports mixed June sales performance

J. Front Retailing's consolidated revenue for June 2025 rose 5.5% year-on-year, driven by significant growth in its Developer Business (23.5%) and Other businesses (32.3%), despite a 1.4% decline in Department Store Business.

The department store segment saw a 2.6% decrease, largely impacted by a 31.1% drop in tax-exempt sales. Women's and men's clothing sales fell 10.9% and 10.0% respectively.

The SC Business recorded a 3.4% increase, with PARCO Ueno up 23.1% and Nagoya PARCO up 19.6%, benefiting from inbound tourism and renovations. However, Shibuya PARCO and Shinsaibashi PARCO saw slight declines.