TOKYO/LONDON -- After briefly pulling ahead of Zara this year in terms of market value, Uniqlo has fallen well behind the European fast fashion leader as vaccinated individuals in Western economies refresh their wardrobes for post-lockdown life.
The market capitalization of Uniqlo's Japanese parent company, Fast Retailing, totaled just over 8.7 trillion yen ($79.4 billion) as of Wednesday, well behind the roughly 100 billion euros ($121 billion) for Zara's Spanish parent Inditex.
