Fast Retailing shares slide in Tokyo after Uniqlo operator's results, yen warning
TOKYO, July 10 : Shares in the Japanese owner of clothing brand Uniqlo slid sharply on Friday after the company raised its profit forecast but warned about the…
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Summary
TOKYO, July 10 : Shares in the Japanese owner of clothing brand Uniqlo slid sharply on Friday after the company raised its profit forecast but warned about the impact of the weak yen. Fast Retailing also reported significant revenue and profit growth in the nine-month period. Fast Retailing slid as much as 5.1 per cent in early Tokyo trading.
Furthermore, Same-store sales rose, driven by enhanced marketing and “buoyant demand” for summer products in May, when temperatures started to rise.
Cross-referenced from 3 sources.
Factual coreconfirmed by several independent voices
TOKYO, July 10 : Shares in the Japanese owner of clothing brand Uniqlo slid sharply on Friday after the company raised its profit forecast but warned about the impact of the weak yen.
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Fast Retailing also reported significant revenue and profit growth in the nine-month period.
according to South China Morning Post — WorldFast Retailing slid as much as 5.1 per cent in early Tokyo trading.
according to Channel News AsiaSame-store sales rose, driven by enhanced marketing and “buoyant demand” for summer products in May, when temperatures started to rise.
according to South China Morning Post — World
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