Fast Retailing, the owner of Uniqlo, reported a record annual profit for the fifth year in a row, with profit rising 32%, according to The Business of Fashion.
The report said the Japanese retailer beat market expectations and that performance improved across all regions, reflecting continued strength in its international business.
The latest result extends a run of record annual profits for the group, which has used Uniqlo as its main global growth engine.
BusinessNews.ae publishes updates and summaries based on information reported by trusted and official sources. Where appropriate, we provide links to original reporting and official announcements for further reading.