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Fast Retailing, Uniqlo's parent, projects a 24% annual profit increase and three years of record earnings driven by expansion in Western markets and China.
Fast Retailing, the parent company of Uniqlo, is set to report a 24% annual profit increase, marking three years of record earnings.
This growth comes from Uniqlo's expansion in Western markets and a rebound in China.
Operating profit for the year ending in August is projected at 478.3 billion yen, slightly above previous forecasts.
Fast Retailing's shares have surged 43% in 2024, reflecting a consumer shift toward value in a post-COVID landscape.
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Fast Retailing, el padre de Uniqlo, proyecta un aumento anual del 24% de los beneficios y tres años de ganancias récord impulsados por la expansión en los mercados occidentales y China.