Uniqlo owner Fast Retailing reported double-digit revenue and profit growth in North America in the current fiscal year, as its U.S. expansion defied tariff volatility sparked by President Donald Trump earlier this year.
The Japanese clothing retailer, known for its functional basics including T-shirts, sweatpants and down jackets, saw North America revenue and business profit grow 24.5% and 35.1%, respectively, for the fiscal year ended August 2025, according to its earnings statement on Thursday.
That performance led robust international gains across Europe, Southeast Asia and South Korea, helping offset a continued slump in China — long Fast Retailing’s largest overseas market — where consumer demand has remained weak since the COVID-19 pandemic.
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