Content about Fast Retailing Co.

March 20, 2014

Merger talks between J. Crew and Japanese retailer Fast Retailing Co. have reportedly ended, at least for the time being.

New York – Merger talks between J. Crew and Japanese retailer Fast Retailing Co. have reportedly ended, at least for the time being. According to the Wall Street Journal, Fast Retailing, owner of the Uniqlo chain, left the discussions not long after they were made public by the media in late February 2014.

July 15, 2013

Fast Retailing Co. will open 10 more Uniqlo stores in New York, New Jersey, Connecticut, and California this fall, bringing the brand’s presence in the U.S. to 17 stores, plus the online shopping platform Uniqlo.com that opened in October of 2012.

New York -- Fast Retailing Co. will open 10 more Uniqlo stores in New York, New Jersey, Connecticut, and California this fall, bringing the brand’s presence in the U.S. to 17 stores, plus the online shopping platform Uniqlo.com that opened in October of 2012.

The new stores will be in shopping centers and malls and will carry casual clothing for men, women, and kids.

March 11, 2013

Uniqlo, a division of Japan's Fast Retailing Co., will open its second U.S. mall location, at Palisades Center in West Nyack, N.Y., on March 15.

New York -- Uniqlo, a division of Japan's Fast Retailing Co., will open its second U.S. mall location, at Palisades Center in West Nyack, N.Y., on March 15.
 
The 24,000-sq.-ft. store will showcase Uniqlo's complete offering of products for men and women, as well as its spring kids collection.
 

January 10, 2013

Fast Retailing Co., parent to the Uniqlo chain, reported that net income for the fiscal first quarter jumped 17% to $644.3 million, boosted by strong same-store sales at Japan Uniqlo units.

New York -- Fast Retailing Co., parent to the Uniqlo chain, reported Thursday that net income for the fiscal first quarter jumped 17% to $644.3 million, boosted by strong same-store sales at Japan Uniqlo units.

On Wednesday, the company announced that Uniqlo will continue its U.S. expansion strategy by opening two new mall locations in New York.

The company has raised its annual profit forecast.

 

January 9, 2013

Uniqlo, a division of Japan’s Fast Retailing Co., will continue its U.S. expansion strategy by opening two new mall locations, at Palisades Center in West Nyack, N.Y., and Westchester’s Ridge Hill in Yonkers, N.Y.

New York -- Uniqlo, a division of Japan’s Fast Retailing Co., will continue its U.S. expansion strategy by opening two new mall locations, at Palisades Center in West Nyack, N.Y., and Westchester’s Ridge Hill in Yonkers, N.Y. Both stores are slated to open in spring 2013.

At 24,000 total sq. ft., the Uniqlo store in Palisades Center will open in early March. (Palisades Center is the eighth largest mall in the nation.)

October 25, 2012

Uniqlo has made its first move in an ambitious plan to become a major presence in shopping malls throughout the nation. The company, Japan’s largest retailer and a division of Fast Retailing Co., has jump-started its U.S. expansion with the opening of a 43,000-sq.-ft. store in Westfield Garden State Plaza, Paramus, N.J.

April 12, 2012

Japan’s Fast Retailing Co., parent of Uniqlo, reported that its net profit for the Sept.-Feb. period surged 38.7% to $705 million as an usually cold weather bolstered sales at Japan stores.

Tokyo -- Japan’s Fast Retailing Co., parent of Uniqlo, reported Thursday that its net profit for the Sept.-Feb. period surged 38.7% to $705 million as an usually cold weather bolstered sales at Japan stores. Same-store sales in the period rose 2.3%.

The company lifted its full-year profit forecast to $1.7 billion from a previously announced $1.6 billion for the fiscal year ending in August, surpassing analysts’ projections.

January 12, 2012

Fast Retailing Co., operator of the Uniqlo apparel chain, reported a net profit of $405.3 million for the first quarter, a 37% rise that the company said was due in large part to a change in accounting methods.

Tokyo -- Fast Retailing Co., operator of the Uniqlo apparel chain, reported Thursday a net profit of $405.3 million for the first quarter, a 37% rise that the company said was due in large part to a change in accounting methods. Operating profit dipped 2.8%.

Sales gained 8.6% overall for the quarter, but the company has trimmed its full-year outlook as sales in its home market remained sluggish.

November 18, 2011

From dazzling LCD/LED video displays to rotating mannequins to staircases with color-changing LED lights, Uniqlo’s Manhattan flagship is massive in scope and bold in design.

The three-level, 89,000-sq.-ft. store is the largest Uniqlo outlet in the world. It’s a big store for a company with big ambitions: Uniqlo parent Fast Retailing Co., the world’s fourth-largest apparel retailer, is targeting $50 billion in global sales by 2020.

October 20, 2011

Redmond, Wash. -- PlayNetwork said Thursday it has completed the audio/visual installation at Uniqlo’s new global 89,000-sq.-ft. flagship store on Fifth Ave. in New York City, the retailer’s largest store to date.

The installation features more than 300 LCD video displays and 175 audio speakers, providing a full digital media experience. Custom LED video installations in the glass elevators and storefront windows and LED “tunnel ticker” displays were developed by PlayNetwork in conjunction with partner D3 LED.

October 12, 2011

Fast Retailing Co., parent to the Uniqlo chain of stores, reported Wednesday that profit for the full year fell 12% to $709.2 million.

Tokyo -- Fast Retailing Co., parent to the Uniqlo chain of stores, reported Wednesday that profit for the full year fell 12% to $709.2 million. The company blamed the performance decline on bad weather, but said it will accelerate store openings overseas, which will compensate for the decline.

December 10, 2010

Fast Retailing Co. said Friday it aims to open at least 200 Uniqlo stores in the U.S. by 2020.

Yamaguchi City, Japan -- Fast Retailing Co. said Friday it aims to open at least 200 Uniqlo stores in the U.S. by 2020.

Asia’s largest clothing chain said it seeks to raise sales sixfold in a decade.

“The United States is one of the most important markets for us,” Shin Odake, CEO of Uniqlo’s U.S. unit, said in an interview with Bloomberg Television. “We want to become the number one retailer in the world.”