• Fast Retailing Gains Despite Uniqlo's Weakness at Home

    8 days ago - By WWD

    Fast Retailing has long lived up to its name, but when it comes to third-quarter growth for the flagship Uniqlo nameplate, it's the Greater China and Southeast Asia businesses that are really on the move.
    However, the fast-fashion chain saw sales decline at home and continues to post losses in the U.S.
    Uniqlo Japan revenues slipped 0.5 percent to 209.7 billion yen, or $1.93 billion, for the quarter ended May 31 as an anniversary was shifted into June. The division also saw its gross profit margin contract 0.3 percent after it “started running down excess inventory earlier than...
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