---
title: "Uniqlo defies sluggish China market with double-digit profit growth"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/292263850.md"
description: "Uniqlo parent Fast Retailing reported double-digit profit growth and higher revenue in mainland China for the quarter ending May, defying sluggish domestic consumption. Same-store sales rose due to strong summer product demand. Greater China accounted for 19.5% of global sales. The company also saw significant overall revenue and net profit increases for the nine-month period, with shares rising 54% year-to-date."
datetime: "2026-07-10T02:32:54.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/292263850.md)
  - [en](https://longbridge.com/en/news/292263850.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/292263850.md)
---

# Uniqlo defies sluggish China market with double-digit profit growth

Japanese apparel retailer Uniqlo posted higher revenue and double-digit profit growth in mainland China over the three-month period ending in May, defying sluggish domestic consumption and lingering bilateral tensions. Same-store sales rose, driven by enhanced marketing and “buoyant demand” for summer products in May, when temperatures started to rise. Easy pants, UV-protection items, T-shirts and other summer products all saw strong sales, according to the earnings report from Fast Retailing, the parent of Uniqlo, released on Thursday. As the group’s second-largest market globally after Japan, Greater China – including mainland China, Hong Kong and Taiwan – recorded 510.5 billion Japanese yen (US$3.1 billion) in revenue for the nine-month period ending in May, accounting for 19.5 per cent of its global sales. Chinese authorities issued a travel warning in November urging its citizens to avoid visiting Japan, after Japanese Prime Minister Sanae Takaichi upset Beijing with her comments on Taiwan. A large number of flights have been cancelled between the two countries since. Meanwhile, China’s total retail sales reached 4.1 trillion yuan (US$602.9 billion) in May, down 0.6 per cent year on year, according to the National Bureau of Statistics. Fast Retailing also reported significant revenue and profit growth in the nine-month period. It saw sales reach 3.1 trillion Japanese yen, up 17.1 per cent year on year, and net profit came in at 426 billion Japanese yen, up 25.6 per cent year on year, according to its business results. The group released its financial results after markets closed in Tokyo. Trading of its Hong Kong depositary receipts on the Hong Kong stock exchange was halted from 1pm on Thursday at the company’s request, pending the release of the results. Shares of Fast Retailing have risen 54 per cent in Hong Kong so far this year and closed at HK$42.54 (US$5.42) on Thursday, up 1.29 per cent from Wednesday.

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