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Fast Retailing CEO Eyes 3,000 Stores in China

With pent-up demand, speed to market has never been more important. But port congestion, tariff impacts, the Uyghur crackdown and Covid uncertainty is making it difficult to restock the racks. Join Sourcing Journal on July 8 at 2 pm ET to learn how to sidestep the worst of the logistics roadblocks.

Fast Retailing Co., the parent of Uniqlo, GU and apparel brands such as J Brand and Theory, beat its own full-year estimates, posting 90.3 billion Japanese yen ($860 million) in net profit, which represents a 44.4 percent year-over-year drop in the 12 months ended August, indicating that the retail giant is on the road to…

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