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Uniqlo Parent Posts Profit Amid Q1 Revenue Decline

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The parent to Uniqlo turned an operating profit in the first quarter despite reporting revenue declines, as the coronavirus pandemic unevenly affected business worldwide. In a Nutshell: Even with Covid-19 still flaring, Fast Retailing said its “medium-term vision is to become the world’s number one apparel retailer.” To do that, the Japanese apparel giant said…

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