Fast Retailing posts record annual profit, forecasts higher fiscal earnings
The Japanese Uniqlo owner reported another record year, citing stronger regional earnings and sales boosted by new store openings, and forecast even higher profit in the current fiscal year.
Fast Retailing, the Japanese owner of Uniqlo and other brands, reported another record year, with stronger earnings across regions and new store openings boosting sales. The company also forecast even higher profit this fiscal year. To meet that target, Fast Retailing plans to open stores in San Francisco, Miami and other locations.