FILE PHOTO - People walk past Japan's Fast Retailing Co Ltd's Uniqlo signboard at its shop in Tokyo, Japan.
TOKYO: Fast Retailing Co. lowered its full-year operating profit outlook 11% as the Uniqlo owner’s international segment - a key driver of growth - was hurt by geopolitical turmoil in South Korea and Hong Kong.
Asia’s largest retailer said earnings for the year through August will be 245 billion yen ($2.24 billion), according to a statement Thursday. Fast Retailing in October predicted annual operating profit of 275 billion yen.Key Insights
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