Friday Jul 11
The Japan Times
Uniqlo parent cuts forecast again after U.S. denim fails to take off
Fast Retailing Co., Asia's biggest clothing retailer, cut its annual profit forecast for a second time this fiscal year after suffering losses at its J Brand premium denim unit in the United States.
Uniqlo Parent Cuts Forecast for Second Time This Year
Fast Retailing Co. , Asia's biggest clothing retailer, cut its forecast for annual profit for the second time in the current fiscal year, citing losses from its J Brand fashion unit in the U.S. Net income will probably be about 78 billion yen for the year ending August, lower than its previous forecast of 88 billion yen, the maker of Uniqlo casual ... (more)
The Straits Times
Japan's Uniqlo may source garments from India
Fast Retailing Co Ltd's Uniqlo, Japan's largest clothing store chain, is looking to source garments from India, Uniqlo's Chairman Tadashi Yanai told Indian Prime Minister Narendra Modi, according to an Indian government statement.
Uniqlo Lets Shopper Take Clothes On A Test Run Outside The Store Before Buying
The fashion brand is launching a new service that lets people try on items and wear them for a day prior to purchasing.
How Uniqlo's low-priced cousin GU is expanding in Asia
Japan's Fast Retailing Co Ltd aims to establish its GU clothing brand in neighboring markets before tackling the West in a few years' time with the low-priced cousin of casual marque Uniqlo.