Tag - fast-retailing

 
 

FAST RETAILING

A Uniqlo store in Shanghai, China. The clothing chain's operator Fast Retailing announced last year that it expected to open 80 stores in China and roughly 60 new stores each year in Southeast Asia, India and the Australian region.
BUSINESS / Companies
Feb 9, 2024
Fast Retailing’s peer-beating 48% jump may extend on global push
Uniqlo owner has become one of the top performers among 10 other clothing companies worldwide that have a market value exceeding $10 billion.
Uniqlo's Round Mini Shoulder Bag on sale at a store in London
BUSINESS / Companies
Jan 16, 2024
Uniqlo sues Chinese fast-fashion rival Shein to defend hit bag
Fast Retailing joins rival Hennes & Mauritz in suing Shein for copyright infringement in Hong Kong where litigation has been underway since 2021.
Fast Retailing, the operator of Uniqlo stores, says strong overseas sales drove a 25% rise in first quarter operating profit.
BUSINESS / Companies
Jan 12, 2024
Uniqlo operator Fast Retailing's Q1 profit soars on strong overseas sales
Profit was ¥146.7 billion ($1.01 billion) in the three months through November compared with ¥117.1 billion a year earlier.
A Uniqlo store in Shanghai
BUSINESS / Companies
Oct 12, 2023
Fast Retailing's annual profit rises 28% to fresh record
Profit was ¥381.1 billion ($2.56 billion) in the 12 months through August compared with ¥297.3 billion, the previous all-time high, a year earlier.
Uniqlo's first Indian store, in New Delhi, in October 2019
BUSINESS / Companies
Oct 6, 2023
Uniqlo owner scouts for more Indian partners after 60% sales jump
The Japanese apparel giant is currently working with over 20 sewing factories and mills in India.
Japan Times
BUSINESS / Companies
Jul 13, 2023
Uniqlo owner posts record Q3 profit and raises forecast on China recovery
Fast Retailing has 925 Uniqlo outlets in mainland China — more than in Japan — making it a bellwether for a retail market that was hammered by tough COVID-19 restrictions.
Japan Times
BUSINESS
Apr 19, 2023
With eye on growth and sustainability targets, Uniqlo rethinks retail spaces
Uniqlo plans on cutting 90% of greenhouse gas emissions from its stores and offices by 2030 compared to 2019 levels.
Japan Times
BUSINESS / Companies
Apr 13, 2023
Uniqlo parent raises full-year outlook; sees China recovering
The retailer has become a bellwether in China, where it has around 900 stores, making it Fast Retailing"s biggest foreign market.
Japan Times
BUSINESS / Companies
Feb 20, 2023
Uniqlo’s quest to conquer the U.S., one cashmere sweater at a time
The apparel maker, known for its affordable cashmere sweaters and solid basics, wants to go big in one of the world’s toughest consumer markets.
Japan Times
BUSINESS / Companies
Jan 30, 2023
Uniqlo brings skateboarding streetwear vibe to T-shirt sub-brand
Japanese artist and graphic designer Kosuke Kawamura unveiled last week his first creations as creative director of the apparel maker’s T-shirt line, called UT.
Japan Times
BUSINESS
Jan 24, 2023
China says it's open for business after end of ‘zero-COVID,’ but other worries persist
Despite a message of openness, China’s tech crackdown and deteriorating diplomatic relations complicate any return to business as usual.
Japan Times
BUSINESS
Jan 12, 2023
Uniqlo owner sticks to forecast while seeking to raise wages
Operating profit for the year ending August is forecast to reach u00a5350 billion ($2.7 billion), the clothing retailer said in a statement.
Japan Times
BUSINESS / Companies
Jan 11, 2023
Uniqlo owner Fast Retailing to boost Japan salaries up to 40%
Starting monthly salaries for university graduates will increase to u00a5300,000 ($2,270) from u00a5255,000, while salaries for new store managers at Uniqlo will rise to u00a5390,000 from u00a5290,000.
Japan Times
BUSINESS / Companies
Oct 14, 2022
Fast Retailing rises after profit outlook tops projections
The stock rose as much as 6.9% in early trading in Tokyo Friday, the largest intraday gain since July 15.
Japan Times
BUSINESS / Companies / FOCUS
Sep 2, 2022
Uniqlo shines amid U.S. retail gloom after pandemic-triggered revamp
The flagship brand of Fast Retailing says it's poised to book its first annual profit in North America u2014 after 17 years of trying.
Japan Times
BUSINESS / Companies
Aug 5, 2022
Uniqlo’s owner pushes deeper into North America with GU brand
Fast Retailing will open its first GU store in the United States, adding to its outlets in the country as the Uniqlo owner seeks a greater presence in the North American market.
Japan Times
BUSINESS / Companies
Jul 15, 2022
Uniqlo owner Fast Retailing sees record profit on weak yen and sales boom
The weaker currency, which just hit a fresh 24-year low against the dollar, is boosting the income the company brings back home.
Japan Times
BUSINESS
Jun 1, 2022
Uniqlo chief regains top spot on Japan's rich list, despite sharp drop in wealth
Tadashi Yanai, founder and president of Fast Retailing, has seen his wealth fall by 44% to $23.6 billion.
Japan Times
BUSINESS / Companies
Apr 14, 2022
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.
Japan Times
BUSINESS
Mar 11, 2022
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.

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