Cookie banner

This site uses cookies. Select "Block all non-essential cookies" to only allow cookies necessary to display content and enable core site features. Select "Accept all cookies" to also personalize your experience on the site with ads and partner content tailored to your interests, and to allow us to measure the effectiveness of our service.

To learn more, review our Cookie Policy, Privacy Notice and Terms of Use.

clock menu more-arrow no yes mobile

Filed under:

Uniqlo Watch

Racked is no longer publishing. Thank you to everyone who read our work over the years. The archives will remain available here; for new stories, head over to, where our staff is covering consumer culture for The Goods by Vox. You can also see what we’re up to by signing up here.

Despite Uniqlo's cheerful ambitions to bring 200 stores to the US by the year 2020, the company's financial outlook is looking less than rosy. The Wall Street Journal reports that Uniqlo has lowered its sales and profit outlook for this fiscal year due in part to a sales slump in the U.S., where losses are especially bad due to the "cannibalization of sales at multiple stores in New York." Ruh-oh. [WSJ]