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.
The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.
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.