Apr 7, 2016

Uniqlo operator logs first-half net profit slump

Fast Retailing Co., the operator of Uniqlo clothing stores, said Thursday that its group net profit in September-February plunged 55.1 percent from a year before to ¥47.04 billion, the first drop in five years on a first-half basis. The drop chiefly reflected sluggish performances ...

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 ...

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 ...

Jul 31, 2015

Seven & I, Fast Retailing eye alliance, clothing line

Japanese retail giant Seven & I Holdings Co. and Fast Retailing Co., the operator of Uniqlo and other clothing chains, are mulling forging a comprehensive business alliance, it was learned Friday. They are aiming to meet diversifying consumer needs through the collaboration, which is ...

Jul 10, 2015

Rainy season dampens Uniqlo's sales forecast

Fast Retailing Co. raised doubt about meeting its own sales targets for Uniqlo casual wear sales in the current quarter as unseasonably cool weather dampened demand for summer items. The apparel retailer on Thursday maintained its forecast for annual profit at ¥120 billion, 9.8 ...

Jun 17, 2015

Hundreds of workers at supplier to Uniqlo strike over firings

Hundreds of factory workers at a Chinese supplier to Fast Retailing Co. are striking over the dismissal of some of the employees, forcing production to shut down, a labor rights group said. All of the about 900 workers at Artigas Clothing & Leatherwear Co. ...