
Japanese giant Fast Retailing has reported its consolidated results for the latest half year and said that it exceeded expectations as revenues were higher than predicted and its profits rose sharply.
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Japanese giant Fast Retailing has reported its consolidated results for the latest half year and said that it exceeded expectations as revenues were higher than predicted and its profits rose sharply.
Casual wear giant Uniqlo will suspend operations in Russia, parent company Fast Retailing said Thursday, days after its president defended staying open in the country following Moscow's invasion of Ukraine.
Companies around the world continue to offer support to humanitarian efforts in Ukraine with John Lewis saying it has made “a first donation” of £100k and Fast Retailing giving $10m..
Japan's Fast Retailing, owner of clothing brand Uniqlo, said on Thursday overseas markets powered profit growth in the first quarter, even as sales declined at home and in China.
Outside of the giant Uniqlo operation, two of Fast Retailing's smaller brands seem to be recovering from the worst of the pandemic as they reported rising sales in the latest quarter.
Fast Retailing announced on Thursday that it’s “advancing” its LifeWear concept and has “formulated Fiscal 2030 Targets and an Action Plan for core aspects of sustainability”.
Uniqlo India Private Limited managed to narrow its losses by 43 percent to Rs 36 crore ($4.8 million) for the financial year 2020-21, on the back of an 83 percent rise in revenue at Rs 239 crore.
Japanese giant Fast Retailing has reported operating profit above analysts’ expectations and expects the figure to climb further in the year ahead.
Uniqlo owner Fast Retailing said on Tuesday that it has signed the Microfibre 2030 Commitment, the new global initiative to minimise the impact of microfibres on the natural environment.
The Japanese ready-to-wear and accessories label has announced the launch of a new capsule collection for its UT line, created in collaboration with US artist Jeff Koons.