Adastria reports strong November sales growth driven by winter product demand

Adastria Co., Ltd. reported that November's total store sales increased by 4.3% year-over-year, with same-store sales up 1.2%. The company attributed this growth to solid sales of winter products, including knitted tops and outerwear, fueled by falling temperatures. An estimated 3.7 percentage point positive impact on same-store sales was observed due to two additional holidays compared to the previous year.

Key brands such as niko and ..., LEPSIM, HARE, and Heather demonstrated strong performance. In fashion accessories, boots and knitted caps were popular, while Christmas items boosted household goods sales.

Compared to the previous year, Adastria's total sales in November 2024 were up 11.9% year-over-year, with same-store sales up 8.9%. This indicates continued positive momentum for the company's sales performance. The company had 1,333 total stores at the end of November, comprising 1,262 direct-run stores, 6 franchise stores, and 65 online stores.