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 ...

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. ...