Story perspectives
Fast Retailing Sees 21% Profit Surge Amid China Decline
1/10/2025
50 4
1 of 1
Story summary
- Fast Retailing, parent company of Uniqlo, achieved a 21% rise in pre-tax profits, reaching £1bn for Q3 2024.
- Revenue increased by 10.4% to £4.6bn, with international sales up 13.7% to £2.6bn.
- The company is experiencing declining profits and revenue in China.
- Fast Retailing upholds its 2025 sales forecast of £18bn, reflecting a 9.5% year-on-year growth.
