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Fast Retailing, the parent company of Uniqlo, has made history as the first Japanese clothing company to achieve domestic sales of 1 trillion yen. In the fiscal year ending in August, Uniqlo’s domestic sales increased by 10% to approximately 1.03 trillion…
According to one of its executives, fast Retailing’s Uniqlo plans to expand its existing stores in North America by 10 percent. Uniqlo is opening six stores — four in the US and two in Canada — this summer as part of its expansion plan to reach more than 200…
Uniqlo owner Fast Retailing says its clothes will be made of 50% recycled materials by 2030 as it works toward its goal of carbon neutrality by 2050. The goal was announced on Thursday along with other sustainability targets and follows an announcement in…
Japan’s Fast Retailing expects continued recovery in sales and profits in the year to August 2022 as the pandemic abates, the owner of clothing brand Uniqlo said on Thursday. The company said it expects operating profit to climb 8.4% to 270 billion yen ($2.4…
Uniqlo father or mother Fast Retailing might have reported a 12-per-cent drop in gross sales in its full-year outcomes, however, that decline was far lower than predicted as not too long ago as July as a result of the Greater China and Japanese markets…
Fast Retailing Group has reported a decline in revenues for Uniqlo Japan against broader successes internationally in its first quarter. A sharp profit decline on sluggish sales of seasonal ranges during a warm winter in Japan has given rise to disappointing…
A brand-new store opened last week in Tokyo’s Harajuku fashion district but it has a twist: shoppers are meant to walk away empty-handed. The GU Style Studio store, opened by Asia’s largest clothier and Uniqlo operator Fast Retailing Co., is for customers to…
Japanese casualwear retailer GU will open a “next-generation” Style Studio in Harajuku this month, merging physical retail and advanced technologies. The studio will feature digital signage and a style creator app in the high-end retail district of Tokyo for…
Japanese retail sales continued to grow in September with the archipelago nation recording its 11th consecutive month of revenue growth in retail. For the four weeks to September 30, retail sales increased 2.1% on the same period last year, according to data…
Uniqlo’s parent, Fast Retailing, has acquired a 35 per cent stake in Hanoi-based women’s fashion brand Elise. Elise, which has more than 100 stores across the country, is said to have received tens of millions of dollars from the deal – a figure much higher…
Uniqlo parent Fast Retailing has reported a record full-year profit, due to strong growth in Asia and lessening losses in the US. And the company says current year performance to date suggests even better results lie ahead. Fast Retailing profit rose 34 per…
New York-based clothing label, Theory, known for its minimalist, precisely tailored wardrobe essentials, has opened its first online store in China on Alibaba’s Tmall e-commerce platform and its dedicated site for high-end shoppers, Tmall Luxury Pavilion. The…
Uniqlo Vietnam will launch next year. The Japanese fast-fashion brand says it will open its first store in Ho Chi Minh City in the second quarter of next year, with the exact location to be advised later. The Uniqlo Vietnam launch announcement follows…
Uniqlo’s sister brand G.U. is coming to Korea in September and will open its first store in the Lotte World Mall in Jamsil, Southern Seoul. Due to open on 14 Sept., the store will be 1,400 square meters (15,069 square feet) on the first basement floor. The…
Solid overseas growth helped Japanese apparel retailer Fast Retailing post a record quarterly profit. Uniqlo Asia sales proved the star of the business. For the three months to May, Fast Retailing’s operating profit was 68.4 billion yen (US$608 million), 37…
Uniqlo Philippines has set the opening date for what will be the Japanese brand’s largest store in Southeast Asia. The new store will open on October 5 in Glorietta 5 at Makati City, in Metro Manila. Uniqlo says the store will have a sales area of 4000sqm and…
