Uniqlo owner Fast Retailing Co., the Japanese clothing company on an overseas expansion drive, plans to list depositary receipts in Hong Kong. Fast Retailing doesn’t plan to sell new shares or raise funds through the listing, it said in a statement to the Tokyo Stock Exchange today. The receipts will trade on Hong Kong’s stock exchange on March 5, it said.
TOKYO, Japan — Uniqlo owner Fast Retailing Co. is hiring executives from retailers including Wal-Mart Stores Inc. to strengthen the Japanese clothier’s overseas expansion blitz.
TOKYO, Japan — Fast Retailing Co. profit rose 8.8 percent in the fiscal first quarter, beating analyst estimates, as the Japanese casual clothing chain that doubled in market value last year boosted sales per-customer.
TOKYO, Japan — Fast Retailing Co., Asia’s largest clothing retailer, forecast profit that missed analyst estimates amid weak consumer sentiment in Japan.
TOKYO, Japan — Cashmere sweaters at Uniqlo. Gourmet coffee and ice cream at 7-Eleven. These incongruously premium offerings by two of Japan's biggest retailers are part of a strategy to lift profit margins by enticing thrifty shoppers to splurge on little luxuries.
TOKYO, Japan — Fast Retailing Co.’s Uniqlo brand reported its biggest sales gain in almost four years in Japan as Asia’s largest clothing retailer benefited from strong demand for summer apparel.
TOKYO, Japan— Fast Retailing Co., Asia’s largest clothing retailer, joined Inditex SA and Hennes & Mauritz AB in signing an accord to improve factory safety in Bangladesh after an April garment complex collapse killed more than 1,000 people.
TOKYO, Japan — Japanese apparel firm Fast Retailing Co Ltd has a problem: sales are surging, full-year net profits are expected to rise nearly 28 percent but the customers thronging the stores of its popular Uniqlo brand are far too frugal for its liking.
TOKYO, Japan — Fast Retailing Co., Asia’s biggest clothing retailer, fell the most in a month after reporting a drop in third-quarter operating profit due to discounting and increased marketing expenses.
TOKYO, Japan — Fast Retailing Co., Asia’s biggest clothing retailer, reported third-quarter operating profit below analyst estimates amid more discounts at its domestic outlets.
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TOKYO, Japan — Fast Retailing Co., Asia’s largest clothing retailer, hasn’t decided if it will join a safety pact to improve fire and building safety in Bangladesh following the country’s worst industrial disaster.
HONG KONG, China — Armed with empty suitcases and same-day return tickets, an army of mainland Chinese is descending on suburban outlet shopping malls and international fashion chains in Hong Kong, turning cheap into the new chic as luxury falls out of favour.