Uniqlo owner Fast Retailing hikes annual forecast after surge in quarterly profit - News Summed Up

Uniqlo owner Fast Retailing hikes annual forecast after surge in quarterly profit


TOKYO (Jan 8): The operator of the Uniqlo clothing brand, Japan's Fast Retailing, said quarterly operating profit surged by a third and it bumped up its annual outlook, citing robust sales growth globally that helped it absorb US tariffs. Profit from its domestic business grew 20.6% from a year earlier thanks to buoyant demand for sweatshirts and warm innerwear. Autumn sales in China were strong and the launch of a collaborative business with e-commerce giant JD.com brought in new customers. Overall, its international segment posted profit growth of 41.6%. For the full year, it has increased its operating profit target to ¥650 billion from ¥610 billion.


Source: The Edge Markets January 08, 2026 08:22 UTC



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