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Management

Sluggish sales at Uniqlo Japan impact Fast Retailing’s Q1 profits

The Fast Retailing Group revenue rose but profit fell in the first quarter of fiscal 2019, or the three months November 30, 2018. Consolidated revenue reached 644.4 billion yen, up 4.4 percent year-on-year and operating profit reached 104.6 billion yen, down 8.1 percent year-on-year. The company said, while Uniqlo International continued to...

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ManagementFeatured

Fast Retailing reports rise in annual revenues and profit

The Fast Retailing Group, for the twelve months to August 31, 2018, reported consolidated revenue of 2.1300 trillion Japanese yen, up 14.4 percent year-on-year and operating profit of 236.2 billion Japanese yen, up 33.9 percent year-on-year. The company attributed this strong performance to a significant revenue and profit increase at Uniqlo...

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