Uniqlo-Owner Fast Retailing Flags Record Year After Strong Quarter

Fast Retailing shares soar to record high after the Uniqlo owner lifts profit forecast

Shares of Fast Retailing surged over 9% to a record high on Friday after the Japanese parent of Uniqlo lifted its full-year outlook.

Store openings set to drive Uniqlo owner to record revenues

It came as Japan-based Fast Retailing reported it was facing some higher transport costs amid the conflict in the Middle East.

Uniqlo owner flags record year after strong quarter | Honolulu Star-Advertiser

TOKYO >> The Japanese owner of clothing brand Uniqlo raised its full-year forecast on Thursday, flagging another record year, as international growth produced a stronger-than-expected jump in quarterly profit.

Uniqlo's Parent Company Fast Retailing on Path to Historic Earnings amid Global Expansion and Resilience to Middle East Crisis

read the original version on: www.retailnews.asia Fast Retailing, the Japanese firm which owns the Uniqlo brand, has upgraded its yearly forecast, anticipating another year of record-breaking profits driven by strong international expansion. The company reported a 29.4% increase in operating profits during the quarter ending in February, reaching 189.8 billion yen (approximately US$1.19 billion) from last year’s 146.7 billion yen. This […] The p…

Fast Retailing Shares Surge as Uniqlo Lifts Profit Outlook

The Blueprint for Global Dominance: Analyzing the Fast Retailing Growth Strategy While the traditional fashion industry remains trapped in the volatile cycle…