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Fast Retailing Co., Ltd. (FRCOF)

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261.040.00 (0.00%)
At close: 09:30AM EDT
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  • Reuters

    Japan's Uniqlo opens Rome store as part of European expansion

    Japan's Uniqlo will open the doors on its new Rome store on Thursday, an important part of plans by owner Fast Retailing to further accelerate growth in Europe and North America. Its second store in Italy and one of five new openings planned for Europe in the spring-summer season, the Rome shop is a milestone for the group and "the natural step to continue expansion," Mark Barnatovic, Uniqlo Italy COO said on Wednesday.

  • The Telegraph

    Vogue’s ‘hottest product of the year’ helps Uniqlo hit £1.1bn sales

    A “banana” bag that went viral on TikTok has triggered a sales surge at Uniqlo.

  • Reuters

    Uniqlo operator upbeat on Europe, N.America after Q2 profit miss

    TOKYO (Reuters) -Japan's Fast Retailing Co reiterated on Thursday its forecast for a third year of record profits, as the Uniqlo owner ramps up an expansion into North America and Europe to take on entrenched rivals H&M and Zara owner Inditex. Its ambitious growth moves in Western markets comes as sales in its home market weaken, with seven flagship stores in the two overseas regions now among its top 10 best-selling Uniqlo stores. "The apparel market in Europe is worth 70 trillion yen ($457 billion), but Uniqlo's share is still only about 0.5% of that," Uniqlo Europe CEO Taku Morikawa told a results press conference.