Fast Retailing news and archive

Uniqlo Japan May same-store sales up 4.4 percent

May 2023 same-store sales including online sales at Uniqlo Japan increased by 4.4 percent year on year while total sales including online sales increased by 9 percent. The company, part of the Fast Retailing Group, said same-store sales rose in May as sales of summer products and items that had successfully captured the latest trends sold well....

Business

Fast Retailing denies reports of Uniqlo exiting Russia

Japanese group Fast Retailing has denied media speculation that its brand Uniqlo would be exiting Russia over one year on from when it first suspended operations in the region. In a statement to the press, Fast Retailing said: “In March 2022, Fast Retailing temporarily suspended operations in Russia, and that status remains unchanged. With no...

Business

Fast Retailing joins Pakistan Accord

Japanese fashion group Fast Retailing has announced that it has joined the newly-launched Pakistan Accord through a legally-binding agreement. It is the latest player in the fashion industry to sign onto the accord, joining the likes of Mango, Primark, Next, Asos and Hugo Boss, who have already announced their commitment. The initiative looks to...

PeopleFeatured

Peter Do: The career trajectory of Helmut Lang's new creative director

Fashion designer Peter Do, known for his unique aesthetics and innovative designs, has been making waves in the fashion industry since his early days. Born in Vietnam, his passion for fashion led him to the US, where he had the opportunity to pursue his dream to be a designer. Do's journey in fashion began at the Fashion Institute of Technology...

PeopleFeatured

Peter Do appointed creative director Helmut Lang

Helmut Lang, the iconic fashion brand known for its revolutionary designs, has announced the appointment of Peter Do as its creative director. The brand has undergone several transformations and changes in ownership since its founder's departure in 2005. During its prime, Helmut Lang challenged gender norms, rejected excessive ornamentation, and...

Business

Uniqlo Japan April same-store sales up 1.7 percent

April 2023 same-store sales including online sales at Uniqlo Japan increased by 1.7 percent year on year while total sales including online sales increased by 5.9 percent. The company said in a release that same-store sales rose in April due to strong sales of inter-season haori-style jackets and new spring summer products that captured the...

Retail |In Pictures Featured

Inside Uniqlo’s Covent Garden store

Uniqlo and Theory, part of Fast Retailing Group, have opened their second joint retail location in the UK within a Grade II-listed former Victoria carriage hall in Covent Garden, London. The openings mark the 17th Uniqlo store in the UK and Theory’s fourth. The unique retail space, previously occupied by luxury department store The Shop at...

Retail

Uniqlo to open new, innovative prototype store at Maebashi, Gunma

Japanese apparel retailer Uniqlo is opening a new store at Maebashi in Japan’s Prefecture Gunma this week, which will act as a prototype for other stores globally. Men’s, women’s, kids’ and babies’ wear will be available on a sales floor of approximately 2,500 square metres. A new concept with innovative design features, that are a first for the...

BusinessFeatured

Fast Retailing posts increase in H1 revenue and profit

The Fast Retailing Group reported consolidated revenue totaling 1.4673 trillion yen, up 20.4 percent and operating profit rising to 220.2 billion yen, up 16.4 percent for the six month period. The company said in a statement that Uniqlo operations in Southeast Asia, North America, and Europe regions along with GU operation reported particularly...

Fashion

Fast Retailing and UNHCR celebrate 10th anniversary of ‘Power of Clothing Project’

Japanese retail holding company Fast Retailing Co., Ltd. celebrates the 10th anniversary of its ‘Power of Clothing Project’ in collaboration with UNHCR, which encourages students to collect discarded children’s clothing in order to give them to refugee children in need. The project first launched in 2013, with a total of about 380,000 students...

Business

Uniqlo Japan March same-store sales up 11.9 percent

March 2023 same-store sales including online sales at Uniqlo Japan increased by 11.9 percent year on year while the company’s total sales including online sales increased by 15.4 percent. The company, part of the Fast Retailing Group attributed same-store sales growth in the month of March to strong sales of spring and summer fueled by...

Business

Uniqlo Japan posts February same-store sales increase of 21.3 percent

February 2023 same-store sales including online sales increased by 21.3 percent at Uniqlo Japan, while total sales including online sales increased by 25.5 percent. The company, part of the Fast Retailing Group, attributed same-store sales growth in February to favourable sales of spring ranges, which were supported by consistently warm weather....