Content about Fast Retailing Co.

January 26, 2015

Things didn’t work for Target in Canada, but that hasn’t deterred Japan’s Fast Retailing Co., from announcing plans to enter the market with its UNIQLO format. 

Things didn’t work for Target in Canada, but that hasn’t deterred Japan’s Fast Retailing Co., from announcing plans to enter the market with its UNIQLO format.

The company’s first stores aren’t expected to open until the fall of 2016 when two flagship locations offering budget priced apparel measuring 24,000 and 28,000 square feet are introduced in Toronto.

April 12, 2012

Japan’s Fast Retailing Co., parent of Uniqlo, reported Thursday that its net profit for the September to February 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%.

TOKYO — Japan’s Fast Retailing Co., parent of Uniqlo, reported Thursday that its net profit for the September to February 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.

April 7, 2011

Uniqlo, a subsidiary brand of Japan-based Fast Retailing Co., announced that it will open its third New York City locationat 31 West 34th Street this fall.

NEW YORK -- Uniqlo, a subsidiary brand of Japan-based Fast Retailing Co., announced that it will open its third New York City location at 31 West 34th Street this fall. The 34th Street store is set to open late in the fall of 2011, following the opening of the company's largest flagshop store on Fifth Avenue in early fall. Uniqlo operates a store in NYC's trendy SoHo neighborhood.

In conjunction with the news of its NYC expansion, Uniqlo announced plans to hire 1,000 retail associates and 100 supervisors from the local tri-state area.