Home › Fast Retailing cuts outlook after price cuts hurt Uniqlo profit
 

Keywords :   


Fast Retailing cuts outlook after price cuts hurt Uniqlo profit

2016-04-07 11:05:42| Apparel - Topix.net

Fast Retailing Co Ltd cut its outlook on Thursday after price cuts at its clothing chain Uniqlo hurt quarterly profit, reflecting the weight of chronic deflation that the government is combating with monetary easing and fiscal spending. The retailer built its empire during Japan's decades of deflation with affordable casual wear.

Tags: price fast profit hurt

Category:Consumer Goods and Services

Latest from this category

All news
24.11Young people who refuse to work to lose benefits - minister
24.11'I was scammed out of 75k by Martin Lewis deepfake advert'
23.11'Trust and reserve judgement' on rebrand, says Jaguar
23.11UK wants to hire EU negotiator to 'reset' relations
23.11Sisters build global beauty brand from a garage
23.11Versace bag for 15: Why Christmas shoppers are choosing charity shops
23.11'We are being robbed': Homeowners feel trapped by rising fees
23.11'We are being robbed': Homeowners feel trapped by rising fees
Consumer Goods and Services »
24.11S
24.11
24.115
24.11SR
24.11 RC24.4.5
24.11115+128717dz
24.11lavaSUKALA 3
24.11508A
More »