Fast Retailing Gains on Strong Uniqlo Growth Despite US Tariffs
A Uniqlo store in Shanghai.
Photographer: Qilai Shen/BloombergUniqlo owner Fast Retailing Co.’s shares climbed the most in six months after reporting double-digit revenue and profit growth in North America, as its US expansion defied tariff volatility sparked by President Donald Trump earlier this year.
The stock rose as much as 7.7% in early morning trading in Tokyo on Friday, the most since April on an intraday basis, and marked the highest level since January.