Uniqlo owner reports record annual earnings

Uniqlo owner reports record annual earnings …C0NTINUE READING HERE >>>

Fast Retailing said ‘buoyant demand from overseas visitors also contributed to the increase in Uniqlo Japan revenue’.
Photo: Kazuhiro NOGI / AFP
Source: AFP

Uniqlo’s parent company Fast Retailing on Thursday announced “a record high performance in fiscal 2024” with domestic profits in Japan boosted by hot summer weather and a tourism boom.

The company also reported “significant increases in both revenue and profit” for international stores of casualwear giant Uniqlo.

Fast Retailing — the world’s third biggest clothing manufacturer and retailer after Zara owner Inditex and Sweden’s…

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