TOKYO -- Fast Retailing, the owner of the clothing chain Uniqlo, said Thursday that net profit for the three months ended November 2023 rose 27% from a year earlier to 107.8 billion yen ($740 million), thanks to recovery in China.
CFO says Chinese consumers are becoming more price-sensitive
Fast Retailing said its revenue rose 13% year-on-year for the three months ended in November. (Photo by Suzu Takahashi)
TOKYO -- Fast Retailing, the owner of the clothing chain Uniqlo, said Thursday that net profit for the three months ended November 2023 rose 27% from a year earlier to 107.8 billion yen ($740 million), thanks to recovery in China.