Uniqlo owner Fast Retailing has raised its profit outlook for the third time this year as new store openings and strong demand for its summer collections boosted sales.
The Japanese giant delivered a 22% increase in revenues to ¥1trn (£.4.6bn) and 45% rise in business profit to ¥205bn (£944.5m) for the three months to May 2026.
It reported revenue and profit gains across all regions, which it attributed to its successful branding strategy, new store openings and a strategic approach to year-round products.
Uniqlo’s international arm posted a 33% rise in revenues to ¥592bn (£2.7bn) and 65% increase in business profit to ¥112.3bn (£517.5m) for the period.
It said that its operations in Europe generated double-digit revenue and profit growth, which it attributed to strong sales from new stores and “extremely positive customer response to year-round items and summer products such as linen shirts and short-sleeve knitwear”.
During the period, Uniqlo opened a new two-storey 14,639 sq ft store in Bristol’s Cabot Circus shopping centre. It follows earlier openings in Birmingham’s Bullring and London’s Covent Garden.
As a result of the performance in the first half, Fast Retailing has increased its sales forecast by ¥70bn (£322.7m) to ¥3.9trn (£17.9bn) and its business profit expectations by ¥20bn (£92.1m) to ¥710bn (£3.2bn).
It expects double-digit revenue and profit growth in the second half of the year for its operations in South Korea, Southeast Asia, India, Australia, North America and Europe.
However, it said sales for Uniqlo Japan are expected to decline in the fourth quarter, with a double-digit contraction in business profit, due to “the high bar set by extremely strong performances in the past two years”.
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