January 24, 2020 / 7:17 AM / 25 days ago

Fast Retailing closes Uniqlo stores in Wuhan due to virus

TOKYO (Reuters) - Japan’s Fast Retailing Co Ltd said on Friday that it has temporarily closed 17 Uniqlo stores in the China’s Wuhan after the spread of a flu-like virus suspended local transportation.

The company operates 750 Uniqlo stores in China, a key growth market for the company, which faces a saturated market and weak consumer spending in Japan.

Reporting by Ritsuko Ando; Editing by Sam Holmes

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