TOKYO: Fast Retailing Co is aiming for higher sales in the 2025 fiscal year, after its expansion into newer markets in the West helped the Japanese apparel-store operator offset a slowdown in China.
The company behind the clothing brands Uniqlo and GU said it expects operating profit for the year started Sept 1 to be 530 billion yen (US$3.55bil), up from the previous fiscal year’s 500 billion yen and higher than the 514.95 billion yen estimated by analysts.
