Uniqlo is extremely vulnerable to the ‘wrong’ kind of weather at any given time, whether that’s chilly or wet spring and summer seasons or not-quite-cold-enough autumn and winter periods.

But given the fact that the company has been diving deeply into collaborations in recent years, the lack of these last month was also an issue. The retailer said that “the absence of similar collaborative products to last year’s +J Collection and other joint items” was another reason for the weaker sales.