Uniqlo operator stays bullish for 2021, supported by China's brisk sales

Fast Retailing Q1 profits dip in COVID headwind

20210114 UNIQLO main

Fast Retailing expects record net income for the fiscal year ending August, despite the ongoing pandemic. (Photo by Ken Kobayashi)

RURIKA IMAHASHI, Nikkei staff writer

TOKYO -- The parent of Japan's Uniqlo apparel chain said brisk demand at home and in China helped it start its financial year strongly, mitigating the hit from store closures elsewhere during the coronavirus pandemic.

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