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July 12, 2025
 

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FAST RETAILING

A Uniqlo store in Shanghai. Fast Retailing, Uniqlo's owner, reported weak sales in China that weighted on its third-quarter earnings, which missed estimates.
BUSINESS / Companies
Jul 10, 2025
Uniqlo owner misses earnings estimates on weak China sales
Fast Retailing's operating profit in the three months ended May was ¥146.7 billion, which trails a ¥150 billion average of analyst estimates.
Fast Retailing Chairman and CEO Tadashi Yanai smiles during a news conference on Thursday in Tokyo's Minato Ward.
BUSINESS / Companies
Apr 11, 2025
Fast Retailing's first-half sales hit record high
The growth reflected strong domestic sales of Heattech heat-retention garments and down jackets.
Uniqlo owner Fast Retailing reported strong growth in revenue and operating profit for the three months through November on robust demand in Japan, North America and Europe.
BUSINESS / Companies
Jan 9, 2025
Uniqlo owner reports strong growth in Japan and Western markets
Operating profit rose 7% to ¥157.6 billion for the three months ended November from a year earlier, with sales increasing to ¥895.2 billion.
For store managers in their first or second year at Fast Retailing, the monthly salary is set to increase to ¥410,000 from the current ¥390,000.
BUSINESS
Jan 8, 2025
Fast Retailing to raise starting monthly salary to ¥330,000
The operator of the Uniqlo casual clothing stores said that it wants to attract talented university graduates in a bid to reinforce the company's global competitiveness.
Fast Retailing’s November-ending quarter may have seen operating profit growth soften as warmer autumn-winter temperatures dented sales, even with the backdrop for consumer spending in Japan looking promising.
BUSINESS / Companies
Jan 3, 2025
Uniqlo and 7-Eleven face sales headwinds despite brighter consumer spending
Uniqlo parent Fast Retailing and Seven & i Holdings are among the first to kick off this earnings season in Asia.
In an interview in Tokyo with the BBC that was published on Thursday, Fast Retailing CEO Tadashi Yanai said the company does not source cotton from China's Xinjiang region.
BUSINESS / Companies
Nov 29, 2024
Uniqlo criticized in China after CEO says retailer does not use Xinjiang cotton
Tadashi Yanai, the CEO of Uniqlo owner Fast Retailing, said it does not source cotton from the region, which has faced allegations of forced labor.
Fast Retailing booked its third consecutive year of record earnings on Thursday.
BUSINESS / Companies
Oct 10, 2024
Uniqlo owner Fast Retailing posts 31% rise in full-year profit, beats estimates
Operating profit rose 31% to ¥500.9 billion in the 12 months through August from ¥381.1 billion a year earlier.
Fast Retailing’s expansion into the U.S. and Europe is paying off, with a strong performance in those markets helping to make up for a sharp deceleration in China.
BUSINESS
Jul 11, 2024
Fast Retailing’s push into western markets softens China slump
The company behind popular brands Uniqlo and GU raised its full-year forecast for operating income to ¥475 billion ($2.9 billion) from ¥450 billion.
A branch of the Fast Retailing clothing brand Uniqlo in Tokyo
BUSINESS
Apr 12, 2024
Uniqlo operator upbeat on Europe and North America after Q2 profit miss
Fast Retailing left its full-year operating profit forecast unchanged at ¥450 billion.
Customers shop at the GU store in the SoHo neighborhood of New York. The brand's operator Fast Retailing hopes to expand its share in markets in the United States and Europe.
BUSINESS / Companies
Feb 26, 2024
Uniqlo’s sister brand GU takes aim at market in U.S. and Europe
International sales made up more than half of Uniqlo’s revenue in the latest fiscal year, GU has mostly only flourished domestically.
A Uniqlo store in Shanghai, China. The clothing chain's operator Fast Retailing announced last year that it expected to open 80 stores in China and roughly 60 new stores each year in Southeast Asia, India and the Australian region.
BUSINESS / Companies
Feb 9, 2024
Fast Retailing’s peer-beating 48% jump may extend on global push
Uniqlo owner has become one of the top performers among 10 other clothing companies worldwide that have a market value exceeding $10 billion.
Uniqlo's Round Mini Shoulder Bag on sale at a store in London
BUSINESS / Companies
Jan 16, 2024
Uniqlo sues Chinese fast-fashion rival Shein to defend hit bag
Fast Retailing joins rival Hennes & Mauritz in suing Shein for copyright infringement in Hong Kong where litigation has been underway since 2021.
Fast Retailing, the operator of Uniqlo stores, says strong overseas sales drove a 25% rise in first quarter operating profit.
BUSINESS / Companies
Jan 12, 2024
Uniqlo operator Fast Retailing's Q1 profit soars on strong overseas sales
Profit was ¥146.7 billion ($1.01 billion) in the three months through November compared with ¥117.1 billion a year earlier.
A Uniqlo store in Shanghai
BUSINESS / Companies
Oct 12, 2023
Fast Retailing's annual profit rises 28% to fresh record
Profit was ¥381.1 billion ($2.56 billion) in the 12 months through August compared with ¥297.3 billion, the previous all-time high, a year earlier.
BUSINESS / Companies
Oct 6, 2023
Uniqlo owner scouts for more Indian partners after 60% sales jump
The Japanese apparel giant is currently working with over 20 sewing factories and mills in India.
Japan Times
BUSINESS / Companies
Jul 13, 2023
Uniqlo owner posts record Q3 profit and raises forecast on China recovery
Fast Retailing has 925 Uniqlo outlets in mainland China — more than in Japan — making it a bellwether for a retail market that was hammered by tough COVID-19 restrictions.
Japan Times
BUSINESS
Apr 19, 2023
With eye on growth and sustainability targets, Uniqlo rethinks retail spaces
Uniqlo plans on cutting 90% of greenhouse gas emissions from its stores and offices by 2030 compared to 2019 levels.
Japan Times
BUSINESS / Companies
Apr 13, 2023
Uniqlo parent raises full-year outlook; sees China recovering
The retailer has become a bellwether in China, where it has around 900 stores, making it Fast Retailing's biggest foreign market.
Japan Times
BUSINESS / Companies
Feb 20, 2023
Uniqlo’s quest to conquer the U.S., one cashmere sweater at a time
The apparel maker, known for its affordable cashmere sweaters and solid basics, wants to go big in one of the world’s toughest consumer markets.
Japan Times
BUSINESS / Companies
Jan 30, 2023
Uniqlo brings skateboarding streetwear vibe to T-shirt sub-brand
Japanese artist and graphic designer Kosuke Kawamura unveiled last week his first creations as creative director of the apparel maker’s T-shirt line, called UT.
Tokyo hit by torrential rainfall at rush hour
People line up at Shibuya Station in Tokyo as they try to avoid the heavy rain on Thursday.
Foreign drivers in Japan to face tougher license conversion rules from October
According to the National Police Agency, there were 75,905 people who converted their foreign driver’s license to a Japanese one in 2024, up from 48,885 in 2019.
Chinese fighters came within 30 meters of Japanese spy aircraft, Tokyo says
A Chinese JH-7 fighter jet makes an near an Air Self-Defense Force YS-11EB surveillance aircraft over the East China Sea this week in this image released Thursday.
Air India crash report to offer peek into last seconds
Members of the Indian Army's engineering arm prepare to remove the wreckage of an Air India aircraft in Ahmedabad on June 14.
What Japanese politics could look like after Upper House election
Prime Minister Shigeru Ishiba, who heads the ruling Liberal Democratic Party (center) waves to attendees as he departs after delivering a campaign speech in Yokohama on Sunday.
New IG Arena set to dial down temperature at Nagoya Basho, in a good way
With IG Arena getting glowing early reviews as the Nagoya Basho’s replacement venue, it may be a while before fans wax nostalgic about the Aichi Prefectural Gymnasium.
Once a niche, anime is now mainstream content for Netflix and other streaming services
Though Netflix remains the dominant choice globally for anime viewers, Amazon Prime Video has also invested heavily in anime, steadily adding titles to their catalogue.
NGOs condemn rise in anti-immigrant rhetoric ahead of Upper House vote
Sanseito head Sohei Kamiya holds a board that reads "Japanese First" in Tokyo on July 2. In a joint statement on Tuesday, eight human rights nongovernmental organizations described the far-right party's stance as "hate speech."
Japanese dancers find a home abroad at Houston Ballet
“Giselle” lead Yuriko Kajiya (center), performing with Connor Walsh as Albrecht, is one of six Japanese dancers at Houston Ballet.
From the Abes to the Ohtanis: How siblings shape athletic development
Olympic judoka Uta Abe (second from left) and Hifumi Abe (second from right) with their brother Yuichiro (center) and their parents. “I’m always consciously trying to be a good older brother,” Yuichiro said.

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SUSTAINABLE JAPAN

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