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 ...

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 ...

Oct 6, 2014

Uniqlo operator wins Retailer of the Year award

Fast Retailing Co. , operator of the Uniqlo casual wear chain, said Monday it has received the 2014 Retailer of the Year Award from the World Retail Congress. It is the first Japanese company to win the award. “We are honored to have been ...

Apr 5, 2013

Fast Retailing chief Yanai richest person in Japan: Forbes

Fast Retailing Co. President and Chairman Tadashi Yanai topped U.S. magazine Forbes’ 2013 list of the 50 wealthiest in Japan announced Thursday. With assets of $15.5 billion as of March 25, Yanai remained in the top spot for the second straight year. His assets ...