Uniqlo proprietor Quick Retailing reported a “vital enhance in income and earnings” over the 9 months from 1 September 2024 to 31 Might 2025, in contrast with the identical interval the earlier yr.
The group’s income rose 10.6% to ¥2.6trillion (£12.76bn) and working revenue elevated 12.2% to ¥450.9bn (£2.27 bn). It mentioned this was pushed by giant income and revenue beneficial properties from Uniqlo operations in Japan, Europe, North America, south-east Asia, India and Australia, and South Korea.
However Quick Retailing additionally reported a 5% decline in income and a 3% decline in revenue yr on yr within the three months between 1 March and 31 Might 2025 in mainland China
This was attributable to “the overall decline in general client urge for food and a dampening in precise demand attributable to persistently cool temperatures till the start of Might”, it mentioned when reporting the outcomes.
The retailer’s different manufacturers – together with Uniqlo’s sister manufacturers, Gu and Principle – additionally skilled dampened gross sales, regardless of some seeing earnings rise.
Within the three months to 31 Might 2025, income at its different manufacturers declined 4.6% to ¥32.7bn (£168.9 m), whereas working revenue elevated 35.1% to ¥1.9bn (£9.5m).
The enterprise reported “lacklustre gross sales on the Principle label”, and a “contraction in losses” at its Comptoir des Cotonniers label.
Within the three months from 1 March to 31 Might, its Gu model additionally recorded a rise in income however a big contraction in earnings, due to “inadequate preparation of doubtless promising merchandise resembling haori-style jackets and lengthy T-shirts, together with inadequate advertising, resulted in lower-than-expected gross sales ranges”.
