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Uniqlo Ownerâs Stock Hits Record as Shoppers Go Casual in Pandemic
By
January 14, 2021
Pedestrians walk past the Uniqlo Tokyo flagship store, operated by Fast Retailing Co., in the Ginza district of Tokyo, Japan, on Thursday, June 18, 2020. Uniqlo joins a constellation of businesses seeking to offer new products and services as the coronavirus pandemic upends lifestyles around the globe, changing how people work, dress and eat.
(Bloomberg) Fast Retailing Co.âs lineup of functional and casual attire continued to lure value-conscious shoppers whose preferences are changing in the midst of the Covid-19 pandemic, helping to push the Uniqlo operatorâs first-quarter earnings close to an all-time high.