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Uniqlo owner Fast Retailing boosts China sales and profits
Fast Retailing said its mainland China revenue rose 3.0% year over year, while business profits increased by roughly 18.0% for the 2026 financial year ended in August.
Fast Retailing, the parent company of Japanese apparel retailer Uniqlo, reported a rebound in mainland China performance despite continued political tensions between Beijing and Tokyo and softer consumer sentiment, according to SCMP Economy.
For the 2026 financial year ended in August, the company said its full-year revenue on the Chinese mainland climbed 3.0% year over year in local currency terms, and business profits rose by roughly 18.0%.
SCMP Economy also reported that Fast Retailing saw increases in full-year revenue and profit in Hong Kong and Taiwan over the same period.
The company attributed the improvement to ongoing structural changes, including a revamp of its store network in mainland China aimed at refined site selection and higher operational efficiency, with more large-format stores opened and many smaller underperforming outlets closed.