Hagar hf has released financial results for its second quarter of 2025/26, reporting a strong performance overall. The company also revealed the opening of a new retail center in the Faroe Islands, marking a key step in its expansion strategy.

Fast Retailing, the parent company of Uniqlo, reported an annual profit for the fourth consecutive year. Its consolidated revenue grew by 9.6% to Y3.4tn (US$22.3bn), marking steady progress for the global retailer and showcasing the company’s resilience in a competitive market.