Strong results: A customer walks through a Uniqlo store, operated by Fast Retailing Co, in Singapore. Fast Retailing’s profit for the year just ended grew 39 to 176.4 billion yen. — Bloomberg
TOKYO: Japan’s Fast Retailing Co Ltd, owner of clothing chain Uniqlo, notched up a record annual operating profit and forecast a 13.4% rise this financial year on the back of strong growth in Asia.
Asia’s biggest clothing retailer predicted operating profit to come in at 200 billion yen (US$1.8bil) for the year through August on a 10.1% rise in sales.
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