Fast Retailing Profit Beats Estimates as Per-Customer Sales Rise

Uniqlo Global Flagship in Tokyo's Ginza District | Source: Fast Retailing

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.

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Bargain Cashmere Tests Thrifty Japan’s Taste for Little Luxuries

Uniqlo Fall 2013 Campaign Starring Chloe Sevigny | Source: Uniqlo

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.

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Fast Retailing Joins Inditex, H&M’s Bangladesh Safety Accord

Uniqlo store at The Village, Beijing | Source: Shutterstock

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.

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Uniqlo Brings Fashion Back to the Source; Opens 2 Stores in Bangladesh

Uniqlo Store Facade | Source: Reuters

DHAKA, Bangladesh — Uniqlo, owned by Japan's Fast Retailing Co., is opening two stores in Bangladesh, a favourite low-cost sourcing hub for many international retailers but a country where, until now, they have not sold their clothes.

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The China Edit | Whistles to Launch with Lane Crawford, Fast Retailing, Chinese Tourists Embrace Lower-Cost Luxury, Chanel Ousts Vuitton

Whistles Autumn/Winter 2013 | Source: Whistles

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.

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