Sales revenue of Uniqlo in Japan FY 2014-2023
The Japanese apparel retailer Uniqlo Co., Ltd. generated a revenue of 890.4 billion Japanese yen in fiscal year 2023. Uniqlo, one of the country’s major fast fashion retailers, is a wholly owned subsidiary of Fast Retailing Co., Ltd.
Fast Retailing itself is the leading domestic company within Japan’s apparel industry, with sales reaching over two trillion yen.
Uniqlo’s success story
The company, which was founded in 1984, offers casual wear at affordable prices, with a focus on simple and easy to combine designs in a variety of colors. Providing consumers with season-appropriate "Heattech" and "AIRism" innerwear as well as ultra-light down outerwear, it consolidated its position as one of the most valuable Japanese brands. Furthermore, the company frequently partners up with brands or artists to create limited design collaborations, tapping into areas of anime, pop culture, haute couture and the like.
Uniqlo’s global position
Nowadays, Uniqlo is one of Asia’s largest apparel chains, contributing over 80 percent to Fast Retailing’s total sales with its Japan and international business. While the parent company is operating more than three thousand stores worldwide, Uniqlo itself reported over one thousand global flagship and hotspot stores for the same year. Uniqlo is among the most valuable apparel brands worldwide, ranking in with successful multinational companies such as Adidas, Zara, and Nike.
