Uniqlo owner Fast Retailing sees Japan shopping recovery

Fashion operator expects continued gloom in Southeast Asia

20200709 UNIQLO TOKYO

A Uniqlo store in Tokyo in June. Sales in Japan jumped 26% that month compared with the same period a year ago. (Photo by Kento Awashima)

AKANE OKUTSU, Nikkei staff writer

TOKYO -- Uniqlo owner Fast Retailing expects diverging regional fortunes as its fashion business recovers from the coronavirus pandemic, with strong growth in Japan but gloom in Southeast Asia and western markets for the rest of its financial year.

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