Uniqlo parent Fast Retailing reports strong growth in all markets
💵 Sales: 895 billion Yen (€5.6 billion) (+10.4%)
💵 LTM Sales: 3,200 billion Yen (€19.8 billion) (+10.4%)
🪙 Sales Margin: 49.5% (-2.8 percentage points)
💰 EBIT: 16.4% (-1.7 percentage points)
🇯🇵 Japan: 267 billion Yen (+9%)
🌎 International: 502 billion Yen (+13.7%)
🇺🇸 North America (part of International): 68 billion Yen (+17.3%)
🇪🇺 Europe (part of International): 102 billion Yen (+42.3%)
📊 Inventory Growth: +8.1%
The Japanese fashion chain Fast Retailing, known for its Uniqlo brand, has experienced strong growth post-pandemic. Its sales are nearing €20 billion.
Despite robust growth in Western markets, Uniqlo's sales mainly come from Japan and China. Japan alone accounts for 30% of sales, China 20%, and Asia together represents nearly 67%.
In Europe, sales grew by an impressive 42%. The company opened six new stores and reported double-digit same-store sales.
