Fast Retailing has opened fiscal 2026 with record first-quarter outcomes, underlining the rising energy of Uniqlo as each a business and cultural engine for the group.
In the three months to the top of November, the Japanese retail big reported consolidated income of 1.03 trillion yen (£4.8 billion), up 14.8% yr-on-yr, whereas enterprise revenue climbed 31% to 205.6 billion yen (£967.9 million). Profit attributable to house owners of the mum or dad rose 11.7% to 147.4 billion yen (£693.9 million).
Uniqlo delivered income and revenue development throughout each area, with Fast Retailing citing excessive-high quality retailer openings, sharper model communication and improved administration of inter-season ranges as key contributors.
In its home market, Uniqlo Japan reported income development of 12.2% to 299 billion yen (£1.4 billion), with revenue rising 20.2%.
Uniqlo International delivered the strongest efficiency throughout the group. Revenue elevated 20.3% to 603.8 billion yen (£2.8 billion), whereas enterprise revenue surged 38%. Growth was broad-primarily based throughout Greater China, South Korea, Southeast Asia, India, Australia, Europe and North America. In Europe, the opening of recent shops in cities together with Glasgow, Birmingham, Frankfurt and Munich, alongside the reopening of the Antwerp Meir flagship, helped enhance model visibility and footfall.
The outcomes arrive as Fast Retailing sharpens Uniqlo’s vogue positioning alongside its scale-led development. Last week, the group confirmed the appointment of former Marni Creative Director Francesco Risso as Creative Director of GUwhereas additionally saying that he’ll design a brand new collaboration line for Uniqlo launching in 2026.
While GU reported solely a slight improve in income, up 0.8% to 91.3 billion yen (£429.8 million), earnings rose 20% due to tighter stock management and improved discounting.
Performance throughout Fast Retailing’s Global Brands section was extra combined. Revenue declined 7.6% to 33 billion yen (£155.3 million), largely because of weaker buying and selling at Theory within the US.
Off the again of the robust first quarter, Fast Retailing upgraded its full-yr forecast, now anticipating fiscal 2026 income of three.8 trillion yen (£18.8 billion) and enterprise revenue of 650 billion yen (£3 billion).