Uniqlo on Track to Overtake H&M, Eyes Zara for Global No. 1

Uniqlo owner Fast Retailing Co.’s annual revenue climbed 17% to a record ¥3.96 trillion ($25 billion), putting it solidly on a path to pull ahead of H&M as the world’s...

By Yui Hasebe · Bloomberg

Uniqlo owner Fast Retailing Co.’s annual revenue climbed 17% to a record ¥3.96 trillion ($25 billion), putting it solidly on a path to pull ahead of H&M as the world’s No. 2 apparel retailer and challenge Zara for the top spot.