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Tag - fast-fashion

 
 

FAST FASHION

GU, the lower-priced brand under Uniqlo owner Fast Retailing, is betting a former luxury fashion designer can help turn $18 jeans into global success.
BUSINESS
Jul 18, 2026
Uniqlo sister brand GU taps luxury designer to sell $18 jeans
The retailer this week unveiled the first collection overseen by Francesco Risso, the former creative director of Italian luxury label Marni.
Donald Tang, executive chairman of Chinese fast-fashion retailer Shein, speaks during the Viva Technology conference in Paris in June last year.
BUSINESS / Companies
Jul 14, 2026
Shein executive chairman to pass the baton as IPO nears completion, sources say
A Chinese American ?billionaire who began his career in banking, Donald Tang has acted as Shein¡¯s Western representative, liaising ?with politicians, regulators?and investors.
A Uniqlo store in Tokyo. Fast Retailing has raised its full-year operating profit forecast on strong Uniqlo demand in the U.S. and Europe, supported by ongoing growth in Japan.
BUSINESS / Companies
Apr 9, 2026
Fast Retailing raises profit outlook on robust global demand and Japan sales
The results highlight how Uniqlo¡¯s growth is increasingly driven by overseas markets, particularly the U.S. and Europe
An H&M store on Fifth Avenue in New York
BUSINESS / Companies
Apr 7, 2026
Once Sweden¡¯s top company, H&M¡¯s struggling to sell its rebound story
H&M¡¯s CEO is seeking once again to convince investors that the group has turned a corner.
A Uniqlo store in New York. Operator Fast Retailing struck a landmark deal with the Los Angeles Dodgers to raise its brand recognition in the U.S. market.
BUSINESS / Companies
Mar 30, 2026
Uniqlo taps into Ohtani magic at Dodgers Stadium to fuel U.S. push
The alliance is an almost perfect match, leveraging U.S. and Japanese fans¡¯ fascination with the multiple-MVP batter and pitcher.
Dodgers two-way player Shohei Ohtani pitches during the sixth inning against the Blue Jays during game four of the 2025 MLB World Series at Dodger Stadium in Los Angeles on Oct. 28.
BASEBALL / MLB
Mar 17, 2026
Uniqlo looks to cash in on Dodgermania with partnership deal
The deal with superstar Shohei Ohtani¡¯s Los Angeles Dodgers will see the firm become Dodger Stadium¡¯s official field presenting partner.
Garment workers make clothing in the sewing section of a factory in Gazipur, Bangladesh
BUSINESS
Mar 7, 2026
Fast fashion garments pile up in South Asia as Middle East conflict grounds planes
South Asia is a clothes manufacturing powerhouse and fast fashion brands around the world rely on factories in Bangladesh, India and Pakistan.
Inside a Uniqlo store in Mumbai. Uniqlo plans to accelerate store openings in India, particularly in the south, targeting affluent shoppers to boost growth and market share.
BUSINESS / Companies
Mar 6, 2026
Uniqlo aims to grow tenfold in India with summer-centric clothes
Uniqlo, which has a larger presence in northern India, is working to expand its supply chain in the country¡¯s warmer southern states.
Uniqlo owner Fast Retailing will raise base salaries for new graduates in Japan as the country¡¯s workers grapple with inflation.
BUSINESS / Companies
Dec 22, 2025
Uniqlo¡¯s owner boosts new graduate pay as Japan faces inflation
Annual pay will grow by about 12% to ?5.9 million ($37,400) starting in March for university graduates in management-track programs.
Frederic Merlin (left), founder of Societe des Grands Magasins, and Donald Tang, executive chairman at Shein, outside the Bazar de l'Hotel de Ville (BHV) department store as shoppers queue for the opening of the company's first permanent retail store in Paris on Wednesday.
BUSINESS / Companies
Nov 6, 2025
France moves to suspend Shein over sex dolls and weapons as Paris store opens
The discovery of the dolls on Shein¡¯s website by France¡¯s consumer watchdog on Saturday fueled an outcry and heightened the pressure on Shein, already under fire over its store.
A Uniqlo store in New York. In recent years, Uniqlo¡¯s affordable, well-made basic clothes have struck a chord, especially with younger American shoppers, fueling a rapid business expansion.
BUSINESS
Oct 18, 2025
For Uniqlo¡¯s founder, conquering America is personal
Uniqlo¡¯s affordable, wellmade basic clothes have struck a chord, especially with younger American shoppers, fueling a rapid business expansion.
The founder of Fast Retailing, which owns Uniqlo, and Chief Executive Officer Tadashi Yanai is seeking to eventually reach annual sales of ?10 trillion and turn the business into a global apparel maker.
BUSINESS / Companies
Oct 9, 2025
Uniqlo¡¯s owner sees stronger profit and sales in current fiscal year
Fast Retailing said revenue and profit jumped significantly in the U.S. during the June-August quarter even when the impact of U.S. tariffs set in.
Italy's competition watchdog said on Monday that it has fined Chinese fast fashion brand Shein €1 million ($1.15 million) for false and confusing claims about the e-commerce giant's efforts to be environmentally friendly.
BUSINESS / Companies
Aug 5, 2025
Italian regulator hits Shein with €1 million greenwashing fine
The watchdog took issue with the environmental sustainability and social responsibility messages on Shein¡¯s website, which it described as ¡°vague¡± and ¡°misleading.¡±
Signs for fast-fashion factories in Prato, Italy, on Friday. Chinese crime groups in the district thrive on the "Prato system" rife with corruption in the fast-fashion sector.
WORLD / Crime & Legal
Aug 4, 2025
Italy¡¯s fast fashion hub becomes Chinese mafia battlefield
Gangs are battling to control Prato¡¯s production of clothes hangers ¡ª a market estimated to be worth €100 million ($115 million) ¡ª and the bigger prize of transporting apparel.
A Uniqlo store in Shanghai. Fast Retailing, Uniqlo's owner, reported weak sales in China that weighted on its third-quarter earnings, which missed estimates.
BUSINESS / Companies
Jul 10, 2025
Uniqlo owner misses earnings estimates on weak China sales
Fast Retailing¡¯s operating profit in the three months ended May was ?146.7 billion, which trails a ?150 billion average of analyst estimates.
Fast Retailing Chairman and CEO Tadashi Yanai smiles during a news conference on Thursday in Tokyo's Minato Ward.
BUSINESS / Companies
Apr 11, 2025
Fast Retailing¡¯s first-half sales hit record high
The growth reflected strong domestic sales of Heattech heat-retention garments and down jackets.
Uniqlo owner Fast Retailing reported strong growth in revenue and operating profit for the three months through November on robust demand in Japan, North America and Europe.
BUSINESS / Companies
Jan 9, 2025
Uniqlo owner reports strong growth in Japan and Western markets
Operating profit rose 7% to ?157.6 billion for the three months ended November from a year earlier, with sales increasing to ?895.2 billion.
For store managers in their first or second year at Fast Retailing, the monthly salary is set to increase to ?410,000 from the current ?390,000.
BUSINESS
Jan 8, 2025
Fast Retailing to raise starting monthly salary to ?330,000
The operator of the Uniqlo casual clothing stores said that it wants to attract talented university graduates in a bid to reinforce the company¡¯s global competitiveness.
In an interview in Tokyo with the BBC that was published on Thursday, Fast Retailing CEO Tadashi Yanai said the company does not source cotton from China's Xinjiang region.
BUSINESS / Companies
Nov 29, 2024
Uniqlo criticized in China after CEO says retailer does not use Xinjiang cotton
Tadashi Yanai, the CEO of Uniqlo owner Fast Retailing, said it does not source cotton from the region, which has faced allegations of forced labor.
Workers at a garment factory in Gazipur, Bangladesh, on April 16, 2023
BUSINESS / Tech
Nov 5, 2024
AI supports fashion¡¯s climate goals, but workers may be left behind
In Bangladesh, about 60% of apparel workers, or 2.7 million people, risk losing their jobs due to automation.

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