Fast Retailing Gains on Strong Uniqlo Growth Despite US Tariffs

Uniqlo owner Fast Retailing Co.’s shares climbed the most in six months after reporting double-digit revenue and profit growth in North America, as its US expansion defied tariff volatility sparked by President Donald Trump earlier this year.

The stock rose as much as 7.7% in early morning trading in Tokyo on Friday, the most since April on an intraday basis, and marked the highest level since January.

The Japanese clothing retailer, known for its functional basics including T-shirts, sweatpants and down jackets, saw North America revenue and business profit grow 24.5% and 35.1%, respectively, for the fiscal year ended ...