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Retail

Uniqlo cuts earnings outlook amid Asia political storm

South Korea boycott and Hong Kong protests hurt fast fashion giant

Uniqlo Japan's revenue fell 5% on the year last quarter on weak sales of cold-weather clothing.   © Reuters

TOKYO -- Fast Retailing, the operator of casualwear chain Uniqlo, downgraded its full-year earnings forecast on Thursday, as unrest in Asia, including the protests in Hong Kong and a boycott of Japanese products in South Korea, hampered the fast-growing company.

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