Fast Retailing’s Uniqlo chain has had a strong August in its domestic market with like-for-like sales up by a healthy 8.8% with online included. But they were also up by a strong 7.4% in physical stores only.
Fast Retailing is rolling out its Uniqlo chain further in key established markets as well as developing countries, and has just opened in retail giant H&M’s home market of Sweden, while also planning a Vietnam debut.
Fast Retailing has taken a minority interest in Lemaire, the brand established by Christophe Lemaire and Sarah-Linh Tran, and is deepening the Uniqlo link with the man who is artistic director at its Paris R&D Centre.
Fast Retailing announced an important expansion of an existing deal on Friday, a deal that has the potential to make it a big name in “on-demand mass manufacturing” as well as boosting its use of hi-tech textiles.
Uniqlo said customer demand has led it to begin taking earlier-than-expected advance orders for the game wear that Roger Federer wore at Wimbledon as its new deal with the tennis champ starts to pay off.
H&M remains the most popular fashion brand globally with Zara, Adidas, Asos and Nike also in the top five of brands consumers are searching for, while French luxury labels are performing strongly, new figures show.