The Fast Retailing Group’s revenue and profit both increased in the first quarter of fiscal 2022 with consolidated revenue totalling 627.3 billion yen, up 1.2 percent and operating profit reaching 119.4 billion yen, up 5.6 percent. The company has attributed this strong performance to large increases in both revenue and profit at Uniqlo...
Jan 13, 2022
Fast Retailing, which owns Uniqlo, has announced that it will be “advancing” its LifeWear concept to accelerate its transition to a new business model, which it states will encompass both sustainability and business growth. LifeWear is all about “everyday clothing, designed to make everyone’s life better - to create apparel that not only...
Dec 2, 2021
Tokyo - The operator of Japanese casualwear giant Uniqlo reported a record annual net profit on Thursday and predicted an even better performance this year as pandemic-related restrictions ease further worldwide. Fast Retailing said business had “recovered markedly” as infections were contained around the world, including a sharp recovery in...
Oct 14, 2021
July 2021 same-store sales including online sales at Uniqlo Japan increased by 0.1 percent year on year while total sales including online sales increased by 2 percent. The company, part of the Fast Retailing Group, said in a statement, same-store sales rose slightly year on year in July thanks to favourable seasonal weather, with summer ranges...
Aug 3, 2021
The Fast Retailing Group’s revenue and profit increased significantly in the first nine months with consolidated revenue rising to 1.6980 trillion yen, up 9.9 and operating profit expanding to 227.8 billion yen, up 72.1 percent. The company said in a release that the group performance recovered as profitability, primarily at Uniqlo operations,...
Jul 15, 2021
Uniqlo is expanding its vertical operations as it trials a Made in Tokyo collection manufactured in-house. According to Japanese news outlet Nikkei Asia the release could “herald a new design process and business model for operator Fast Retailing,” Uniqlo’s parent company. To avoid over-production Uniqlo will make only enough garments to meet...
Jul 6, 2021
June same-store sales including online sales at Uniqlo Japan decreased by 19.2 percent year on year while total sales including online sales decreased by 17.3 percent. The company, part of the Fast Retailing Group, said in a statement, same-store sales declined significantly in June compared to the unusual strong performance in June 2020....
Jul 2, 2021
May 2021 same-store sales including online sales at Uniqlo Japan decreased by 0.6 percent while total sales including online sales increased by 3.6 percent. The company, part of the Fast Retailing Group, said in a statement that same-store sales dipped slightly because while fewer stores were temporarily closed for business due to the Covid-19...
Jun 2, 2021
April 2021 same-store sales including online sales increased by 84.5 percent at Uniqlo Japan, part of the Fast Retailing Group. The company said, total sales including online sales increased by 92.1 percent. The company added that same-store sales rose considerably year on year in April compared to a much weaker period in the previous year....
May 7, 2021
The Fast Retailing Group reported a decline in revenue but a large jump in profits in the first half of fiscal 2021 with consolidated revenue totalling 1.2028 trillion yen, down 0.5 percent and operating profit rising to 167.9 billion yen, up 22.9 percent. The company said in a release that rise in profit can be attributed primarily to large...
Apr 8, 2021
February 2021 same-store sales including online sales at Uniqlo Japan, part of the Fast Retailing Group, increased by 0.4 percent year on year while total sales including online sales increased by 1.3 percent. The company said in a statement that same-store sales rose year on year in February on the back of strong sales of products designed to...
Mar 2, 2021
The parent group of Uniqlo has unseated Inditex for the first time in history, rising to the title of the world’s largest retailer by market capitalization after closing the sessions on Monday and Tuesday, exceeding 100 billion dollars in value on the stock market. The value of Fast Retailing, the Japanese company that owns the fast fashion...
Feb 17, 2021
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