
Fast Retailing raised its full-year outlook boosted by robust sales at its Uniqlo budget clothing stores, defying a consumer spending slump that has battered profits at other Japanese retailers.
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Fast Retailing raised its full-year outlook boosted by robust sales at its Uniqlo budget clothing stores, defying a consumer spending slump that has battered profits at other Japanese retailers.
Japan's Fast Retailing thrives on economic hardship, with thrifty shoppers flocking to its budget fashion chain Uniqlo, while supermarkets and department stores struggle to reverse sharp falls in sales.
Seven & I Holdings said it aims to boost its revenue from China fivefold to about $4.5 billion over the next five years, as weak prospects in Japan prompt the country's retailers to seek growth in its fast growing Asi...
Ge Hongjun started a shop on Taobao.com - China's answer to eBay - as a class project but he now sees it as his ticket to becoming a retail magnate after graduation.
Sales at Fast Retailing's Uniqlo casual-clothing chain rose 7.9 percent in November from a year earlier, bucking an industrywide slump, as cost-conscious shoppers flocked to its heat-retaining "Heattech" shirts and ot...
Forget about designer brands and quirky gadgets: low-priced fashions and green products scored big in Japan in 2009, an advertising agency survey found, as consumers pinch pennies and take advantage of government stim...
Fast Retailing Co, operator of Uniqlo casual-clothing chain, said it would run a lottery offering $11 million in cash prizes to customers in a sales campaign starting on Nov. 21.
Japan's largest department store operator, Isetan Mitsukoshi Holdings, posted a first-half operating loss and trimmed its annual sales target amid a weak outlook for the ailing industry.
Japan's Fast Retailing said that domestic same-store sales at its Uniqlo casual-clothing chain surged 35.7 percent in October from a year earlier, boosted by strong sales of winter items.
Department stores in Asia that have managed to capitalize on trend-conscious consumers willing to spend on elegance and beauty are ringing in the sales as the region's economy recovers.