Retailing Archives

Uniqlo operator Fast Retailing upgrades full-year net profit forecast

June 11, 2024 mpsingh No Comments Business fast, forecast, fullyear, net, Operator, profit, Retailing, Uniqlo, upgrades

By AFP Published Jun 11, 2024 The operator of Japan’s high-street fashion giant Uniqlo on Thursday revised up its full-year net profit forecast to what would be a record performance, citing strong global sales. Uniqlo India- Facebook Retail behemoth Fast Retailing now expects to make 320 billion yen ($2.1 billion) in the year to August, [...]read moreUniqlo operator Fast Retailing upgrades full-year net profit forecast

GU shines for Fast Retailing but Theory and other labels struggle

Most reports of Fast Retailing’s Q1 results this week focused on the headline figures and also on the performance of its star Uniqlo chain. But the group includes other businesses too so let’s look at those. Theory To recap though, group operating profit for the three months to the end of November was ¥147 billion [...]read more