Uniqlo Owner Surpasses Zara Owner for Highest Market Cap in Fashion

The value of Uniqlo owner Fast Retailing reached 10.8 trillion yen ($103 billion) at the end of trading Tuesday, exceeding Zara parent Inditex’s 81.7 billion euro ($99 billion) market capitalisation for the first time, Nikkei Asia reports. Fast Retailing’s stock has climbed since August, spurred by investor confidence in its focus on the China market, WFH-friendly offering […]