Uniqlo owner Fast Retailing set to overtake H&M after strong Q3 sales

Japan fashion group due to become world's No. 2 apparel retailer behind Zara's Inditex A Fast Retailing Uniqlo store in Tokyo's Ginza shopping district. Domestic revenues were boosted by sales of seasonal clothing in its third quarter. (Photo by Takashi Miyazaki) TOKYO — Uniqlo owner Fast Retailing raised profit and revenue forecasts on the back of strong third-quarter results on Thursday, strengthening market expectations that the Japanese clothing company would overtake rival H&M in full-year sales for the first time.

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