March 17, 2020 / 3:16 AM / 20 days ago

Fast Retailing to close all U.S. Uniqlo stores due to coronavirus

TOKYO (Reuters) - Japan’s Fast Retailing (9983.T) said on Tuesday that it had decided to temporarily close all 50 of its Uniqlo clothing stores in the United States due to the coronavirus outbreak.

The move comes after retailers including Nike Inc (NKE.N) and Lululemon Athletica Inc (LULU.O) announced similar closures as the highly contagious respiratory illness spread beyond China.

Fast Retailing said on Monday that only 30 of its 750 Uniqlo stores in China were still closed, meaning most of its shops outside Hubei province, the epicenter of the outbreak, had reopened.

Reporting by Ritsuko Ando; Editing by Himani Sarkar

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