Times are difficult for many retailers. Conspicuously not among them, however, is Fast Retailing Co., which posted both record sales of ¥685 billion and operating profit of ¥108.6 billion for the business year that ended in August.
Out of all its subsidiaries, Fast's main breadwinner is the Uniqlo chain of reasonably priced casual clothing.
Having become a dominant clothier in Japan, Fast Retailing now has the world in its sights, hoping Uniqlo can become the global No. 1.