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Fast Retailing profit increases as chain expands overseas

Business / Corporate Apr 13, 2017

Fast Retailing profit increases as chain expands overseas

Uniqlo operator Fast Retailing Co.'s second-quarter profit surged as Asia's largest clothing chain accelerated its overseas expansion. Operating income gained about 80 percent to ¥42.1 billion in the three months through February, based on first-half earnings the clothing retailer released Thursday. That compares with the ...

Business / Corporate 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 percent ...