There is no better way to get to know a brand than to start where the action happens: the shop floor. And that is exactly how Uniqlo UK’s chief operating
Fast Retailing’s operating profit reached ¥249bn (£1.6bn) – up 66.7% compared on the previous year. The group, which also owns Comptoir des Cotonniers,
Uniqlo owner lowers revenue expectations drapersonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from drapersonline.com Daily Mail and Mail on Sunday newspapers.
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Pic: Shutterstock Fast Retailing, a Japanese manufacturer and retailer, posted 0.5 per cent revenue decline to ¥1,202.8 billion (Japanese Yen) in its second quarter (Q2) YoY FY21 ended on February 28, 2021 compared to revenue of ¥1,208.5 billion in the same period prior fiscal. The company’s profit for the period rose 5.6 per cent to ¥109.2 billion (Q2 FY20: ¥103.4 billion). Gross profit for the six month period rose to ¥600.6 billion (¥576.8 billion). Selling, general and administrative expenses were ¥420.7 billion (¥438.8 billion). The company’s operating profit jumped to ¥167.9 billion (¥136.7 billion). Uniqlo Japan s revenue decreased 6.2 per cent to ¥492.5 billion (¥463.5 billion). Same-store sales for the first half were up 5.6 per due to strong sales of products such as loungewear and Heattech blankets that fulfilled customer demand for stay-at-home items, as well as buoyant