uniqlo international news and archive

Fast Retailing Group: Q1 sales up but profit declines

The Fast Retailing Group’s revenue totalled 716.3 billion yen, up 14.2 percent, while operating profit totalled 117 billion yen, down 2 percent in the first quarter of FY23. The company said in a release that the result was due primarily to a large decline in profits at Uniqlo operation in the Mainland China market caused by Covid-19...

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Fast Retailing posts strong growth in revenue and profit

Fast Retailing reported full-year consolidated revenue of 2.3011 trillion yen, up 7.9 percent, operating profit of 297.3 billion yen, 19.4 percent, and profit attributable to owners of the parent of 273.3 billion yen, up 60.9 percent. Excluding the impact of the weaker yen, which inflated performance, the company said, operating profit increased...

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Fast Retailing reports sales and profit growth

The Fast Retailing Group’s revenue increased and profit rose in the first nine months of fiscal 2022, with consolidated revenue rising to 1.7651 trillion yen, 3.9 percent year-on-year and operating profit rising to 271 billion yen, 19 percent. The company’s pre-tax profit rose to 349.2 billion yen, up 42.2 percent and profit attributable to...

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Fast Retailing posts increase in first half revenue and profit

Fast Retailing Group revenue of 1.2189 trillion yen, was up 1.3 percent in the first half of fiscal 2022, while operating profit of 189.2 billion yen increased 12.7 percent. Profit attributable to owners of the parent rose 38.7 percent to 146.8 billion yen. Uniqlo Japan reported a drop of 10.2 percent in revenue to 442.5 billion yen and drop of...

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Uniqlo international boosts sales and profit at the Fast Retailing Group

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...

Management

Uniqlo drives revenue and profit growth at Fast Retailing Group

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,...

Management

Fast Retailing reports 22.9 percent increase in H1 profit

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...

Management

Fast Retailing: Q1 revenue declines but operating profit up 23.3 percent

Consolidated revenue at Fast Retailing, totalled 619.7 billion yen, down 0.6 percent year-on-year, while operating profit totalled 113 billion yen, up 23.3 percent year-on-year driven by large increases in profit from Uniqlo operations in Japan and Greater China including Mainland China, Hong Kong and Taiwan, as well as rising profit and a...

Management

Fast Retailing profit drops on weak sales, expects recovery in FY21

The Fast Retailing Group’s revenue and profit declined in fiscal 2020. The company said in a statement that for the twelve months to August 31, 2020, consolidated revenue totalled 2.0088 trillion yen, down 12.3 percent and operating profit totalled 149.3 billion yen, down 42 percent resulting from large falls in both revenue and profit in the...

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Fast Retailing lowers full year outlook, sees around 50 percent profit decline

The Fast Retailing Group’s consolidated revenue for the first nine months, totalled 1.5449 trillion yen, down 15.2 percent and operating profit totalled 132.3 billion yen, down 46.6 percent caused primarily by the impact of Covid-19, which the company said, spurred its decision to either temporarily close or introduce shorter opening hours for...

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Fast Retailing lowers FY20 estimates as Uniqlo sales hit in Hong Kong, South Korea

Fast Retailing Fast Retailing Group said that consolidated revenue of 623.4 billion yen (5.70 billion dollars) for the first quarter were down 3.3 percent, while operating profit of 91.6 billion yen (0.84 billion dollars), dropped 12.4 percent. The company attributed decline in revenue and profit to that South Korea and Hong Kong reporting...

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Uniqlo International and GU drive sales and profit growth at Fast Retailing

For the year ended August 31, 2019, Fast Retailing Co. Ltd., parent of Uniqlo brand announced consolidated revenues of 2.2905 trillion yen, up 7.5 percent and operating profit of 257.6 billion yen, up 9.1 percent on the prior year. The company said in a statement that this impressive performance was due largely to strong results from Uniqlo...