Uniqlo news and archive

Lectra analysis: Navigating volatility in the global fashion industry

The global fashion industry is currently grappling with significant uncertainty in 2025, with only one in five sector leaders anticipating an overall improvement this year. This instability is driven by a confluence of factors, including consumer confidence reaching its lowest levels since the pandemic, a reduction in discretionary spending, and...

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Following strong first-half growth: Uniqlo parent Fast Retailing raises profit forecast

Japanese retail group Fast Retailing Co. Ltd. concluded the first half of its 2024/25 fiscal year with record sales and earnings. Given the recent surprisingly positive performance, the parent company of the Uniqlo clothing chain raised its full-year profit forecast on Thursday. In the first half, which ended on February 28, consolidated revenue...

Retail

Uniqlo continues regional UK expansion

Japanese fashion retailer Uniqlo, part of the retail group Fast Retailing, is continuing to strategically expand its presence across the UK, with three new stores set to open in Liverpool, Birmingham and Glasgow. The move follows recent successful new store openings in Edinburgh and London and will bring the total Uniqlo store count to 23 by the...

Retail

Uniqlo to open a pop-up in Tate Modern for the gallery’s 25th anniversary

Japanese fashion retailer Uniqlo has been named an official partner for Tate Modern’s 25th anniversary and will host an experiential retail shop in the London gallery this summer. The Uniqlo Tate Shop will open on May 5 and run to September 16. It will feature popular Uniqlo services, such as the UTme! personalised T-shirt station and...

Retail

Uniqlo outlines Canadian expansion plans for Spring 2025

Japanese fashion retailer Uniqlo has announced plans to open four new stores in Ontario and Quebec, Canada this spring. This includes locations in Maple View shopping center in Burlington and Union Station in Toronto, Ontario, Place Stefoy in Québec City, and Galeries d'Anjou in Montréal, Québec. The first of the four stores to open is the one...

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Uniqlo parent Fast Retailing reports strong Q1 results

In the first quarter, revenues at Fast Retailing rose to 895.1 billion yen, up 10.4 percent and business profit increased to 156.9 billion yen, up 11 percent. Operating profit for the quarter rose by 7.4 percent to 157.5 billion yen. The company is maintaining its initial estimates for FY25 of consolidated revenue of 3.4 trillion yen, up 9.5...

Retail

Retailers halt use of gig economy apps following trade union backlash

A number of UK retailers have reportedly stopped using gig economy apps like YoungOnes and Temper to hire freelance retail workers after unions criticised the method. According to the Guardian, Uniqlo, Gymshark and Lush are believed to have halted the use of these apps after just a short period of time. It seems that the decisions came as a...

Retail

Urban Outfitters and Gymshark among retailers accused of hiring festive workers without basic rights

A new report has accused a number of UK retailers of hiring young “freelance” employees via hiring apps that leave them without basic employment rights. According to The Observer, Urban Outfitters, Gymshark and Uniqlo are understood to be among those carrying out such practices as they fill out staff in preparation for the festive season. Such...

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Uniqlo boss says brand does not use Xinjiang cotton

Fast Retailing’s chief executive, Tadashi Yanai, has claimed that the company’s core brand, Uniqlo, does not use cotton sourced from China’s Xinjiang region in its products. Yanai addressed the concern to the BBC, to which he confirmed that the company was not utilising cotton from this district, before stating: “It gets too political if I say...

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Hot weather impacts Uniqlo's October same-store sales

Uniqlo Japan reported a 7.5 percent decrease in October same-store sales including online sales. The company’s total sales including online sales decreased by 5.9 percent. The company part of the Fast Retailing Group, attributed same-store sales decrease in October to persistently hot weather negatively affecting sales of winter ranges. On...

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Uniqlo Japan September same-store sales surge

September 2024 same-store sales including online sales increased by 22.1 percent at Uniqlo Japan, while total sales including online sales increased by 24.7 percent. The company, part of the Fast Retailing Group said in a release that same-store sales expanded significantly year on year in September on the back of strong sales of summer ranges...

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Uniqlo names Clare Waight Keller as creative director

Japanese retailer Uniqlo has appointed British designer Clare Waight Keller as its creative director. Waight Keller, the former creative director for leading fashion houses, including Chloé, Givenchy, and Pringle of Scotland, will be responsible for Uniqlo’s mainline collection, including menswear, from autumn/winter 2024. The new role is an...