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Uniqlo's parent company, Fast Retailing, is expected to see a 26% surge in profits due to a rebound in China and a slide in the value of the yen. The company has forecasted operating profit for the current fiscal year, surpassing analysts' projections, citing growing sales in both domestic and international markets. Fast Retailing's annual profit has also risen by 28% to reach a new record. The company's success can be attributed to the recovery in China and the weakened yen.
Profits at Uniqlo-owner Fast Retailing hit a record for a second straight year as the Japanese firm benefited from a recovery in China and weak. Read more here: yen https://t.co/Dtdzx6CeTp https://t.co/kldYzlDurF
Profits at Uniqlo-owner Fast Retailing hit a record for a second straight year as the Japanese firm benefited from a recovery in China and weak yen https://t.co/KOGBmYDeAJ https://t.co/EIBGymRLwE
Uniqlo owner Fast Retailing annual profit rises 28% to fresh record https://t.co/0d2eNTzGUY https://t.co/1M8MVe7we6
Uniqlo owner Fast Retailing forecast operating profit ahead of analysts’ projections for the current fiscal year, citing growing sales in both home and overseas markets https://t.co/D3qJLopVCp
Uniqlo owner set for 26% profit surge on China rebound, yen slide https://t.co/zSVGNzCfcQ
Uniqlo owner set for 26% profit surge on China rebound, yen slide https://t.co/D2e20I1KCt https://t.co/gunQqUNTKm