Uniqlo Owner Raises Profit Forecast Amid Expansion Abroad Fast Retailing Co., the parent company of the globally renowned clothing brand Uniqlo, is making waves in the retail industry once again. The company recently announced an optimistic outlook by raising its full-year profit forecast following a stellar performance in the fiscal first half. This move comes […]
Fast Retailing Expected to Post 14% Jump in Q2 Profit as Tariffs Loom
Fast Retailing Expected to Post 14% Jump in Q2 Profit as Tariffs Loom Fast Retailing, the Japanese parent company of the popular clothing brand Uniqlo, is gearing up to announce its second-quarter earnings report this Thursday. Analysts are anticipating a significant 14% increase in profits, building on the company’s track record of delivering strong financial […]
Uniqlo Parent Watching for China Boycott After CEO’s Xinjiang Remarks
In a rapidly shifting retail landscape, Fast Retailing, the parent company of Uniqlo, finds itself navigating a delicate situation. Following controversial statements by CEO Tadashi Yanai regarding the company’s cotton sourcing from the Xinjiang region of China—an area under scrutiny for alleged forced labor—the company is now on high alert, closely monitoring consumer behavior in […]
Uniqlo Owner Targets Higher Sales From Strong Western Market
Fast Retailing Co., the parent company of Uniqlo, has made significant strides in building its brand presence in the Western markets, particularly in North America and Europe. Despite facing sales challenges in its largest overseas market, China, the company reported record annual revenue of ¥3.1 trillion (approximately $20.8 billion) for the fiscal year ending in […]
The BoF Podcast | Clare Waight Keller on Leadership in Fashion
Clare Waight Keller’s journey through the fashion industry serves as a remarkable example of leadership and adaptability. Her recent appointment as the creative director of Uniqlo highlights not only her extensive experience but also her commitment to evolving her vision across diverse fashion landscapes. In a recent episode of The BoF Podcast hosted by Imran […]