Japanese retailer GU has announced it will be opening its first store in the US, set to launch autumn 2022. The pop-up store will be located in Soho, New York, and will mark the brand’s first Western launch outside of Asia, coming as part of its further business expansion. Featured in the store will be a lineup of “on-trend” clothing and...
5 Aug 2022
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...
14 Jan 2021
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...
15 Oct 2020
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...
10 Jul 2020
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...
9 Jan 2020
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...
10 Oct 2019
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