Fast Retailing published FQ1’21 (to Nov. 30) revenues which dipped by 0.6% year over year. That was well below the 2.5% increase expected by analysts. Weakness in the North America business was one reason for the decline. Management indicated that came “after some stores were temporarily closed and people’s movement outside the home was restricted”, indicating a recovery from the ravages of the pandemic is taking a long time. The region is “forecast to fall short of plan” in the six months to Feb. 28. U.S. seaborne imports of apparel and other products linked to the firm’s Uniqlo operati...