Fast Retailing released H1 results on Thursday, plus its Japanese Uniqlo performance for March. Both reports showed the business is doing well in general, even if the H1 figures showed some smaller brands struggling.
Fast Retailing announced another same-store sales increase for its Japanese Uniqlo operation on Tuesday with comparable sales (including online) rising 2% year-on-year. Meanwhile, total sales rose 1.8%.
Ambience Mall is currently under investigation by the Central Bureau of Investigation. The Punjab and Haryana high court ordered the Haryana Government to provide assistance to the CBI to trace witnesses and documents.
Uniqlo's Japanese owner on Thursday said operating profits were higher than pre-pandemic levels in its Q1, boosted by China's resurgence and strong demand for stay-at-home clothes like jogging pants and loungewear.
We caught up with Jil Sander - the greatest living designer in Mitteleuropa - to learn more about her +J, her latest collab with Uniqlo; her view of today’s fashion and of her successors at the house of Jil Sander.
November was a fairly lukewarm month for Uniqlo chain in its domestic market, but at least Japanese sales didn't fall. In fact comparable sales, including online, were up 0.5% year-on-year, while total sales rose 0.8%.