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Business

Uniqlo Japan July sales improve by 4.7 percent

July 2020 same-store sales including online sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 4.4 percent year on year, while total sales including online sales increased by 4.7 percent. The company said in a statement that despite the long spell of rain and low temperatures experienced during the month, same-store sales rose...

4 Aug 2020

Business

Fast Retailing lowers full year outlook, sees around 50 percent profit decline

The Fast Retailing Group’s consolidated revenue for the first nine months, totalled 1.5449 trillion yen, down 15.2 percent and operating profit totalled 132.3 billion yen, down 46.6 percent caused primarily by the impact of Covid-19, which the company said, spurred its decision to either temporarily close or introduce shorter opening hours for...

10 Jul 2020

Retail

Uniqlo to open global flagship store in Tokyo

Uniqlo has announced the opening of its new global flagship store in Tokyo’s Ginza shopping district on June 19. The store, which was formerly the Uniqlo Marronnier Gate Ginza store on the seventh floor of the Marronnier Gate Ginza 2 building, has been renovated with an expansion up to the fourth floor and a fully remodeled interior. The...

4 Jun 2020

Business

Uniqlo Japan: Store closures impact sales, same-store sales drop by 18.1 percent

May 2020 same-store sales including online sales decreased by 18.1 percent at Uniqlo Japan, while total sales including online sales decreased by 19.7 percent. The company, part of the Fast Retailing Group, said in a statement that same-store sales declined in May as approximately 20 percent of the stores were closed temporarily on average...

2 Jun 2020

Business

Uniqlo Japan sales decline by 57.7 percent in April

Uniqlo Japan April same-store sales including online sales decreased by 56.5 percent at Uniqlo Japan, while total sales including online sales decreased by 57.7 percent. The company, part of the Fast Retailing Group said in a statement that same-store sales declined significantly year on year in April and customer visits dropped sharply,...

7 May 2020

Retail

Fast Retailing forecasts 40.8 percent drop in annual operating profit as stores remain closed

Uniqlo parent Fast Retailing has forecasted a 40.8 percent drop in annual operating profit as 412 stores remain closed amid the coronavirus outbreak. The company said it may need to make further revisions to its outlook depending on when the situation is brought under control around the world. Currently Uniqlo closed 244 stores in Asia,...

9 Apr 2020

Business

January same-store sales drop 7.9 percent at Uniqlo Japan

January 2020 same-store sales including online sales decreased by 7.9 percent at Uniqlo Japan, part of the Fast Retailing Group. The company said in a statement that total sales including online sales decreased by 8.1 percent. Uniqlo Japan attributed same-store sales decline in January to warm weather throughout the month dampening sales of...

5 Feb 2020

Business

Fast Retailing lowers FY20 estimates as Uniqlo sales hit in Hong Kong, South Korea

Fast Retailing Fast Retailing Group said that consolidated revenue of 623.4 billion yen (5.70 billion dollars) for the first quarter were down 3.3 percent, while operating profit of 91.6 billion yen (0.84 billion dollars), dropped 12.4 percent. The company attributed decline in revenue and profit to that South Korea and Hong Kong reporting...

9 Jan 2020

Business

Uniqlo Japan December same-store sales down 5.3 percent

December 2019 same-store sales including online sales at Uniqlo Japan decreased by 5.3 percent year on year while total sales including online sales decreased by 5.5 percent. The company part of the Fast Retailing Group said in a statement that same-store sales declined year on year in December after persistently high temperatures from the...

9 Jan 2020

Business

Uniqlo Japan November same-store sales down 5.5 percent

November same-store sales including online sales decreased by 5.5 percent year on year at Uniqlo Japan, part of the Fast Retailing Group. The company said in a statement that total sales including online sales also decreased by 5.8 percent. Uniqlo added that same-store sales declined in November, while sales rose in the early part of the month,...

3 Dec 2019

Business

Fast Retailing links robotic startups to enhance warehouse automation

Japanese fashion group Fast Retailing has announced partnerships with two robotics startups in a bid to step up its warehouse automation. The company, which owns Japanese fast-fashion giant Uniqlo, has linked with Mujin Inc., a Japanese intelligent industrial robot controller manufacturer, and Exotec Solutions SAS, a French robotics solutions...

13 Nov 2019

Business

Uniqlo Japan October same-store sales drop 1.9 percent

October 2019 same-store sales at Uniqlo Japan, part of the Fast Retailing Group, dropped 1.9 percent including online sales, while the company said in a statement that total sales including online sales decreased by 2.6 percent. Uniqlo attributed same-store sales decline in October to persistently warm weather throughout the month, the impact of...

5 Nov 2019