Fast Retailing, the Japanese operator of the Uniqlo and Theory fashion brands, for now will not sign a legally binding safety pact for factories in Bangladesh, preferring to ramp up its own inspections.
Fast Retailing Co said on Thursday that same-store sales at its Uniqlo basic clothing outlets in Japan fell 3 percent in April from a year ago as cool weather towards the end of the month dented sales of spring apparel.
H&M has finally been given the green light from the Indian authorities to invest 100 million euros in a directly-owned subsidiary, through which the brand will open around 50 points of sale in the country.
Uniqlo recently presented its autumn-winter collection to the press in Paris, the first effort fully supervised by Naoki Takizawa, design director since 2012. The outcome is even more functional but no less fashion.
Fast Retailing left its full-year operating profit forecast unchanged despite a jump in sales in March at its flagship Uniqlo stores in Japan, as doubts linger whether aggressive economic policies will thaw a decades-...
After arriving at the helm of Mugler with the mission of modernizing the fashion house, Nicola Formichetti is leaving as part of a mutual agreement. A new strategic plan is expected to be revealed shortly.
Fast Retailing, owner of the Japanese brand, is set to sign a joint-venture agreement with Indian group Arvind, according to local press. The two could be looking of a turnover of one billion dollars by 2020.
Fast Retailing's quarterly operating profit rose 17 percent as price cuts and chilly autumn weather lifted sales at home outlets of its flagship Uniqlo casual clothing chain and the Japanese apparel retailer lifted it...