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Fast Retailing’s Q3 Profits Hurt by Decline at Uniqlo Japan

Stores are opening but will consumers return? Join Cushman & Wakefield and rue21 for the Retail in Recovery webinar June 17 at 2 pm ET.

Lower sales at Fast Retailing Co. Ltd.’s Uniqlo Japan business hurt the company’s third-quarter results, but it still reported a profit thanks to healthy growth at its Uniqlo business overseas. In a Nutshell: Uniqlo’s overseas business was the stronger performer for the quarter, while the domestic component saw sales slip, but that was due in…

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