Jan 8, 2016

Nishikori renews Uniqlo endorsement deal

Asia’s highest-ranked tennis player, Kei Nishikori, has renewed his endorsement deal with Fast Retailing Co.’s Uniqlo clothing brand. “I have been impressed at how he has continued to evolve as a player,” Fast Retailing chairman Tadashi Yanai said in a statement about the contract ...

Warm winter means damp profits for Fast Retailing

Jan 7, 2016

Warm winter means damp profits for Fast Retailing

Fast Retailing Co. cut its full-year operating profit forecast as unseasonably warm weather worldwide hurt sales of winter clothes for the retailer’s Uniqlo brand of casual wear, the Yamaguchi-based company said Thursday. Operating profit will probably be ¥180 billion in the year ending August ...

Dec 3, 2015

Uniqlo has more stores abroad than in Japan

The number of Fast Retailing Co.’s overseas Uniqlo stores outnumbered its domestic outlets for the first time at the end of November, the company said. Fast Retailing had 864 of the casual clothing stores overseas and 844 in Japan, it said Wednesday. It now ...

Nov 27, 2015

China labor groups chide Uniqlo over continued worker abuses, pollution

Japanese clothing giant Uniqlo has failed to improve abusive working conditions or stop environmental pollution in its supplier factories in mainland China, despite having acknowledged the problems months ago, labor rights groups in the country said Thursday. Four clothing factories manufacturing goods for the ...

Fast Retailing forecast lags estimates as U.S. losses mount

Oct 9, 2015

Fast Retailing forecast lags estimates as U.S. losses mount

Fast Retailing Co. forecast lower profits this fiscal year than analysts are expecting after losses at its Uniqlo and J Brand businesses in the U.S. hurt last year’s earnings. Net income will probably rise 4.5 percent to ¥115 billion ($960 million) in the year ...

Sep 27, 2015

New Disney park in China to bolster sales, Uniqlo chief says

Fast Retailing Co. Chairman Tadashi Yanai said Walt Disney Co.’s new park in Shanghai will help his Uniqlo casual clothing brand expand in China, shrugging off concerns over an economic slowdown in the Japanese retailer’s largest overseas market. “The opening of the Shanghai Disneyland ...