Fast Retailing Co Ltd RSS feed for Fast Retailing Co Ltd

Background

Updated: 23rd September 2007

Fast Retailing Co Ltd is a Japanese-based apparel retailer with a presence throughout the world. Founded in 1963, it currently operates 1,800 specialty stores in over 12 countries. For the year ended August 2006, Fast Retailing had consolidated overall net sales of JPY448.8bn ($3.7bn), and a consolidated operating profit of JPY70.3bn ($586m).

Among the best known global brands within the Fast Retailing Group are Uniqlo, Theory, Comptoir des Cotonniers, and Princesse tam.tam. The Uniqlo brand of casual clothes is Japan’s largest apparel retail chain with approximately 750 stores throughout Japan, as well as stores in the US, UK, China, South Korea, and Hong Kong. The company's most recent addition is the 'g.u.' chain, which opened in 2006 and sells low-priced casual clothing and accessories.

The company has substantial experience in acquiring companies in the retail sector, including footwear retail chain Onezone Corporation (2005), Créations Nelson SAS, the developer of the Comptoir des Cotonniers brand (2005), Petit Vehicule SAS, developer of the Princesse tam.tam brand (2005) and Cabin Co Ltd (2006). Fast Retailing acquired an equity stake in Link Theory Holdings Co Ltd, the marketer of the Theory and Helmut Lang apparel brands, in 2004.
 

Associated links:
http://www.fastretailing.com/

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