Fast Retailing Co Ltd
Latest Articles
Fast Retailing FY boosted by strong Uniqlo performance
Japanese retail giant Fast Retailing saw both earnings and sales rise in its last fiscal year, boosted by a strong result from the company’s Uniqlo operations.
Fast Retailing insists "acted lawfully" in Indonesia as worker mistreatment claims linger
Fast Retailing — owner of the Uniqlo brand — has insisted it "acted lawfully" throughout the process of the closure of its Indonesian supplier factory, as it continues to be bombarded with allegations of worker mistreatment and failure to compensate workers since the factory went bust in 2015.
Fast Retailing US$885m warehouse automation will cut 90% staff
Uniqlo owner Fast Retailing Co. has teamed up with Daifuku — a material handling systems provider — to automate its warehouse and distribution system, which it has reportedly invested JPY100bn (US$885m) in.
Uniqlo to enter South Asia with first India store
Japanese casual clothing brand Uniqlo is to open its first store in India next year in a move that marks the Fast Retailing-owned label's entry into South Asia.
Fast Retailing joins Canopy forest-friendly sourcing policy
Fast Retailing, owner of the Uniqlo casual clothing chain, has become the latest company to sign up to Canopy's policy that commits brands to stop sourcing the raw material for their viscose and rayon textiles from ancient and endangered forests.
Fast Retailing ups FY on better than expected H1
Uniqlo owner Fast Retailing has posted an increase in both earnings and revenue for the first half of fiscal 2018, booking much higher-than-expected first-half revenue and profit gains.
12 of the world's most innovative fashion companies
Six apparel retailers have made it onto Fast Company’s annual ranking of the world's Most Innovative Companies (MIC) for 2018, while another six clothing specialists are seen as pioneers in the ‘Style’ category.
Uniqlo founder Yanai to hand over presidency in two years
Uniqlo founder Tadashi Yanai is to step down from his role as president of Fast Retailing upon turning 70 in around two years time, but will continue as chairman in order to handle corporate governance and advise on how to proceed in the future.
Fast Retailing FY net profit soars by 148.2%
Uniqlo owner Fast Retailing has posted record levels of revenue, operating profit and net profit in fiscal 2017, booking a 148.2% hike in net profit for the year.
Uniqlo workers in Canada complain of unfair conditions
Uniqlo employees in Canada have filed an application with the Ontario Labour Relations Board (OLRB) to form a union after complaining of stressful and unfair working conditions at the company's Toronto Eaton Centre store.
Fast Retailing nine-month profit soars 69%
Higher sales and a foreign exchange gain helped boost earnings for Fast Retailing, owner of the Uniqlo casual clothing chain, in the first nine months of the year.
Dior, Nike and Inditex world's largest apparel companies
Parisian fashion house Christian Dior, US sporting goods behemoth Nike, and Spanish clothing giant Inditex have all topped Forbes' 2017 The World's Biggest Public Companies ranking.
Fast Retailing H1 profit soars by 106.7%
Uniqlo owner Fast Retailing has posted an increase in both earnings and revenue for the first half of fiscal 2017, booking a 106.7% leap in profit for the period.
Marks & Spencer tops human rights benchmark
UK retailer Marks & Spencer has topped a new benchmark ranking that aims to incentivise companies in a race to the top for the moral and commercial advantages of a strong human rights record.
Activists pressure Uniqlo on Indonesia severance pay
After pressuring Fast Retailing to publish the supplier list for its Uniqlo casual clothing chain, activists are now urging the Japanese corporation to settle wage and severance payments at a former factory in Indonesia.
Fast Retailing reveals core Uniqlo factory list
Japanese retailer Fast Retailing has published the names and locations of the 146 factories that manufacture garments for its Uniqlo casual clothing chain, in a bid to increase transparency across its supply chain.
Fast Retailing to reveal supplier list
Fast Retailing, owner of the Uniqlo casual clothing chain and Asia's largest fashion retailer, has confirmed to just-style it is preparing to make its supplier list public within 2017.
Fast Retailing Q1 profit soars by 45.1%
Uniqlo owner Fast Retailing has posted an increase in both earnings and revenue for the first quarter of fiscal 2017, booking a 45.1% leap in profit for the period.
Fast Retailing opens denim R&D facility in Los Angeles
Fast Retailing, owner of the Uniqlo casual clothing chain and Asia's largest fashion retailer, has established its first facility to research and develop new fabrics, fit and finishes for its denim products.
Fast Retailing invests in knitwear Innovation Factory
Fast Retailing, owner of the Uniqlo casual clothing chain and Asia's largest fashion retailer, has invested JPY400m (US$3.8m) in a joint venture with specialist knit machinery manufacturer Shima Seiki Mfg, in a move designed to increase production of its Wholegarment seamless knitwear.
Fast Retailing eyes GU growth with Hong Kong stores
Fast Retailing, owner of the Uniqlo casual clothing chain and Asia's biggest global fashion retailer, has announced its GU casual fashion brand will launch in Hong Kong next year in a move the company says is a "huge step forward" for the unit's global expansion.
Fast Retailing FY earnings halve on forex and charges
Fast Retailing, owner of the Uniqlo casual clothing chain and Asia's biggest global fashion brand, saw earnings slump in its last fiscal on foreign exchange losses and impairment costs related to its Uniqlo Japan and US stores.
Fast Retailing postpones PFC elimination plans
Fast Retailing, owner of the Uniqlo casual clothing chain and Asia's biggest global fashion brand, has delayed plans to eliminate perfluorinated chemicals (PFCs) from its products and supply chain.
Uniqlo set to enter Canada with first Toronto stores
Casual clothing chain Uniqlo is preparing to enter the Canadian market, with dates set for the opening of its first two stores in Toronto.
Fast Retailing cuts FY guidance amid profit fall
Uniqlo owner Fast Retailing has cut its earnings guidance for the third time this year as a result of the stronger yen and a fall in profits for the first nine months of the year.
Nike, Victoria's Secret, Esprit lag in detox efforts
Inditex, Hennes & Mauritz (H&M) and Benetton have been praised by environmental activist group Greenpeace for being on track to clean up their chains, while Victoria's Secret, Esprit and sports brands Nike and LiNing are lagging behind the field.
Uniqlo said to be scaling back US expansion
Casual clothing brand Uniqlo has declined to comment regarding reports it is scaling down its US operations, closing five of its US stores since January.
Uniqlo owner Fast Retailing slashes FY profit outlook
Japanese retailer and Uniqlo casual clothing parent Fast Retailing has cut its full-year profit guidance by almost a half after a stronger yen and weaker sales at Uniqlo Japan led to a 55.1% drop in first-half profit.
Uniqlo sales growth continues to slow in March
Helped by warm weather in early March, casual clothing brand Uniqlo saw sales at its Japanese stores rise during the month, albeit at a slower pace than February.
Uniqlo sales growth slows in February
Thanks to the launch of new favourable spring ranges, casual clothing brand Uniqlo saw sales at is Japanese stores increase in February, albeit at a slower pace than the prior month.
1
...
Most Popular
Insights
- What 'see now, buy now' means for the supply chain
- New NAFTA 2.0 – The devil is in the detail
- How Gap is using scale for supply chain speed
- Combatting endemic challenges in factory safety
- Counteracting cost with digital colour measurement
News
- Ethiopia plans three more textile parks
- Fast Retailing warehouse automation cuts 90% staff
- Fast Retailing denies worker mistreatment claims
- Slow pace of improvement in Asia factory safety
- Unions urge brands to support a Pakistan Accord
Market research
- Global market review of lingerie – forecasts to 2023
- Generation Z: The Next Wave of Consumers
- Apparel categories bundle: Global market reviews of Denim and Jeanswear, Lingerie, Corporatewear and Athleisurewear.
- REPORT BUNDLE: Africa-Med, Southeast Asia and Central America strategic sourcing pack
- Southeast Asia strategic sourcing review – a focus on Cambodia, Vietnam and Myanmar
Get full access
