All Fast Retailing articles – Page 2
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NewsUniqlo owner Fast Retailing 'ends talks to buy J Crew'
Uniqlo’s owner Fast Retailing has ended acquisition talks with J Crew, which could mean the US retailer pushes ahead with IPO plans.
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OpinionComment: Fast Retailing could turn J Crew into a global fashion force
With Uniqlo owner Fast Retailing in talks with J Crew over a joint venture it could mark an interesting shift as J Crew transitions from being a cult brand to a powerful global fashion force.
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AnalysisInternational analysis: Uniqlo has work to do to meet ambitious targets
Fast Retailing’s president and chairman Tadashi Yanai has topped US magazine Forbes’ 2013 list of the 50 wealthiest people in Japan.
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News
Fast Retailing to open 10 Uniqlo stores in the Philippines
Fast Retailing is opening 10 Uniqlo stores this year as it aims to build the brand in the Philippines. Four stores are expected to open in the first half of the year, one in Taguig City’s SM Aura mall.The retailer will also open stores in SM Fairview in Quezon City ...
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Uniqlo to team up with Arvind Lifestyle Brands
Fast Retailing’s Uniqlo banner is to team up with Arvind Lifestyle Brands to build a $1bn (£631m) business in India by the end of the decade.The Times of India reported that Fast Retailing is finalising an equity joint venture to further expansion in the growing Indian market. A deal is ...
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Fast Retailing report net profit increase
Fast Retailing’s net profit rose 23% in its first quarter.For the September to November period, net profit increased to ¥38.4bn (£268.2m) from ¥31.15bn (£217.5m).Sales rose 17% on last year to ¥318.14bn (£2.22bn) and domestic sales increased 8% to ¥204.7bn (£1.43bn).The retailer’s sales from Uniqlo overseas rose 51.1% to ¥64.5bn (£450.4m) ...
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News
Fast Retailing takes a stake in J Brand
Clothing retailer Fast Retailing has agreed a deal with Star Avenue Capital to take an 80.1% stake in J Brand, with the balance owned by the denim brand’s management.The deal is due to be finalised by the end of the year, subject to approvals.
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Fast Retailing to open 1,000 new stores in Greater China
Uniqlo owner Fast Retailing plans to open 1,000 new stores in Greater China. It currently operates 136 stores in the country.The company also plans to open more than 1,000 stores in Asia, excluding Japan and China.Company president Tadashi Yanai said: “Japan has only 100 million people. Asia has 4 billion. ...
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News
Fast Retailing to open 49 Uniqlo stores in Greater Manila area
Fast Retailing is to open 49 Uniqlo stores in the Greater Manila area over the next three years. The details came as the fashion group opened its first store in the country’s Mall of Asia in Pasay City.Fast Retailing Philippines chief operating officer Katsumi Kubota sees great growth potential in ...
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News
Uniqlo stores to sweep China
Clothing giant Fast Retailing has revealed that its Uniqlo International division plans to accelerate the pace of new store openings in Greater China from 32 stores in 2011 to 80 in 2012. The first Uniqlo shop is scheduled to launch in the Philippines in June this year and the retailer ...
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News
Fast Retailing introduces brand to the Philippines
Japan-based Fast Retailing is confident that introducing the brand to the Philippines will help it achieve its goal of being the number one clothing retailer in Asia, and the world by 2020. Naoki Otoma, group executive vice-president of Fast Retailing and managing director of Uniqlo Asia and Japan, said the ...
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News
Fast Retailing to increase network of Uniqlo stores
Japanese clothing group Fast Retailing aims to increase its network of Uniqlo stores in South Korea to 300 by the 2020 financial year from its current estate of 64.The retailer hopes the openings will boost South Korean sales to KRW3 trillion (£1.64bn). The plans were revealed by Fast Retailing chief ...
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News
Fast Retailing plans Asian expansion
Fast Retailing plans to open more than 100 Uniqlo stores in Asian countries outside of Japan in the year ending August 2012. This would represent twice as many openings than in the previous fiscal year. The retailer operates approximately 160 Uniqlo stores in the region, mainly in China and South ...
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AnalysisFacebook shopping
Asos’s move to make its Facebook page transactional signals exciting opportunities for retailers to leverage their social network ‘fans’ into hard sales
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Fast Retailing expects profits to fall next year as global competition toughens
Fast Retailing expects its profits to fall next year as global competition toughens. The Japanese company said it expected operating profit to fall 14.3% to ¥113.5bn (£869m) for the year to August 2011, despite managing a 21.9% increase in operating profit in the year to August 2010. The company said ...
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News
Uniqlo to open in prime locations in Japan
Fast Retailing is looking to improve profitability in Japan by opening Uniqlo stores in prime commercial facilities in Tokyo and other major cities. The company plans to open a 7,100 sq ft Uniqlo store in Tokyo Midtown, a new commercial complex in the high-end Roppongi district, as early as next ...
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Fast Retailing sales up 23%
Fast Retailing, owner of Uniqlo, reported a sales rise of 23% to ¥659.1bn (£4.94bn) for the first nine months of fiscal 2009/10. The fashion retailer reported a profit rise of 35% to ¥67.2bn (£503.4m) for the period, which ended May 31. Fast Retailing is forecasting sales of ¥815bn (£6.08bn) for ...
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News
Fast Retailing enters JV to bring Uniqlo to Malaysia
Japanese fashion retailer Fast Retailing has established a joint venture in Malaysia to develop its Uniqlo chain in the southeast Asian nation.The partnership has targeted the end of 2010 for the opening of the country’s first Uniqlo store, but this could be brought forward to as early as this autumn.“We ...
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News
Fast Retailing plans 200 g.u. stores
Fashion retailer Fast Retailing has revealed plans to have opened 200 stores for its low-cost casualwear brand g.u. in Japan by 2013. The company - which owns Uniqlo - plans to open 25 shops, to bring its total number of stores to about 120, by the end of May. It ...
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Fast Retailing profits jump
Fashion group Fast Retailing has announced a 43% jump in operating profit for the first half to February, lifted by strong sales at Uniqlo.Consolidated net sales totalled ¥470.9bn (£3.23bn), rocketing 31.8% year on year. Like-for-likes at Uniqlo stores in Japan rose 13.1% for the period, beating its forecast of 11.2% ...
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