Uniqlo has reported a lacklustre performance from its UK stores in the six months to February.
The Japanese fast fashion chain said UK sales came in marginally below target.
The retailer’s international sales, including the UK, were 33.9% up in operating income to ¥ 7.8bln (£55m), driven by soaring sales in China, Hong Kong and South Korea.
Uniqlo plans to open 46 new international stores by August this year, bringing its total to 182.
Its Japanese like-for-like sales dipped 9.9% over the period causing global net income to plunge from ¥ 55.3bln to ¥ 41.6bln. The retailer has reduced its full year forecast for Japan following the earthquake and tsunami which caused like-for-likes to plummet 10.5%.
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