Uniqlo owner expecting big drop in China profit due to COVID restrictions
Fast Retailing is a bellwether for how major global retailers are being impacted by pandemic-related shutdowns in China, one of the biggest growth markets for many Western brands.
Uniqlo does a U-turn and joins global shunning of Russia
The two companies had been notable standouts among major brands, saying they would continue doing business in Russia amid the imposition of massive trade and banking sanctions.
Uniqlo pressured to halt Russia sales after CEO vows to stay
Comments defending the decision by CEO Tadashi Yanai have drawn criticism, with some social media users pushing the hashtag #BoycottUniqlo.
Uniqlo owner pledges to stay in Russia as wave of companies exit
Fast Retailing Co., Asia’s largest retailer and parent of Uniqlo, will continue to operate in Russia.
Fast Retailing September-November net profit climbs on strong Uniqlo demand
Fast Retailing Co. said Thursday its net profit in the September to November period rose 33% from a year earlier to ¥93.59 billion ($820 million).
Japanese apparel-makers increasingly conscious of human rights
Some firms are moving away from the use of cotton from China's Xinjiang region, amid claims of forced labor among its Uyghur population.
Uniqlo and Sweden keen on podium return after extending partnership
The Nordic nation's Olympic and Paralympic teams became the first outside Japan to be supplied by the fast fashion retailer during the Tokyo Games.
France investigates Uniqlo unit and other retailers over alleged Xinjiang abuses
Fast Retailing lost an appeal with U.S. customs in May after a shipment of Uniqlo men's shirts were impounded over suspected violations of a ban on Xinjiang cotton.
Cotton used for shirts blocked by U.S. not from China, says Uniqlo
The shirts were made at a plant in China using cotton procured from outside the country, the unit of Fast Retailing Co. said Tuesday.
Uniqlo made a bet on comfortable bras. Now it’s paying off.
The firm edged out bra specialist Wacoal Holdings Corp. last year to become the top seller of women’s intimate wear in Japan.
U.S. blocked Uniqlo shirts over Xinjiang forced-labor concerns
Uniqlo failed to provide enough information to establish the items were not produced in part by forced labor in China’s far west Xinjiang region, according to U.S. customs.
