Fast Retailing Raises Outlook After Q1 Profit Surges

Fast Retailing raised its full-year profit guidance to ¥450 billion after reporting a 31% jump in first-quarter business profit despite U.S. tariff pressures.The Uniqlo parent company reported revenue exceeding ¥1 trillion for the period, coinciding with the appointment of Francesco Risso as creative director for the GU brand.Strong growth in China and Japan supported these record results as the fashion group continues global expansion and prepares for Risso's first collection in 2026.