# Fast Retailing is expected to overtake H&M in terms of revenue during FY 2025/2026, with turnover projected at approximately €20bn, or JPY.

*business · news · 2026-04-12 · MarketScreener*

## Key points

- Fast Retailing is projected to surpass H&M in revenue by FY 2025/2026, reaching €20bn.
- Uniqlo's international growth is driven by 30%-50% annual sales increases in Europe and North America since 2022.
- Uniqlo's gross margin improved in H1 due to significant reductions in other selling expenses.
- Fast Retailing's stock trades at a premium, reflecting high investor expectations for Western market expansion.

**Companies:** Fast Retailing, Uniqlo, H&M, Inditex, Zara, Nike, Adidas, Brunello Cucinelli, Amer Sports, On Holding
**Countries:** Japan, China, Spain, United States

[Read the full story on MarketScreener](https://www.marketscreener.com/news/fast-retailing-co-ltd-uniqlo-takes-on-the-world-ce7e50d9df81f621)

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