Uniqlo owner sees big profit drop in China due to Covid restrictions
Inside Retail
APRIL 14, 2022
China is Fast Retailing’s biggest foreign market, with 863 stores on the mainland and almost 90 outlets in Shanghai, where stringent lockdown measures, introduced in late March, remain in place to contain the country’s worst outbreak of the pandemic. Fast Retailing has more Uniqlo stores in China than in its home market of Japan.
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