Uniqlo’s sister brand GU timing to take on markets in US, Europe

By Bloomberg Published Feb 25, 2024 Fast Retailing Co., home of the Uniqlo brand, wants to ramp up the presence of its other fashion label GU in the US and Europe, as Asia’s largest apparel maker accelerates efforts to become a global retailer with ¥10 trillion ($66.6 billion) in annual sales. GU “GU has the … Read more

Uniqlo owner tops quarterly profit projections on overseas sales

By Bloomberg Published Jan 11, 2024 Uniqlo owner Fast Retailing Co.’s operating profit for the first fiscal quarter topped analysts’ average projections on robust sales in North America and Europe.   Uniqlo Operating profit for the three months to the end of November totaled ¥147 billion ($1 billion), on sales of ¥811 billion, the apparel … Read more