Uniqlo

Today’s news in brief-17/1/24

In a surprising turn of events, inflation in December exceeded economists’ predictions, rising to 4%, contrary to the forecasted decrease…

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Uniqlo files suit against Shein for ‘copying’ viral shoulder bag

Uniqlo is reportedly suing Shein over claims that it has copied its viral “Mary Poppins” shoulder bags, the BBC has…

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Today’s news in brief-2/1/24

Central Group is reportedly considering increasing its stake in luxury department store Selfridges as co-owner Sigma faces financial issues. Central…

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Uniqlo UK boss to cut prices to attract more shoppers

Uniqlo’s UK boss, Alessandro Dudech, has vowed to cut prices as inflation eases out as it seeks to attract more…

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Uniqlo owner revenues rise 20.2% in FY23

Uniqlo’s parent company, Fast Retailing, has revealed a 20.2% rise in year-on-year revenues to ¥2.7tn (£15bn) for the year ended…

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Today’s news in brief- 25/09/23

H&M has reversed its earlier decision to impose a processing fee of £1.99 for in-store returns of online purchases. The…

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H&M makes U-turn over in-store return fee

H&M has recently decided not to charge customers a processing fee of £1.99 for online returns made in store, according…

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Uniqlo owner unveils senior team changes

Fast Retailing, the Japanese multinational retail company behind Uniqlo, has appointed its current executive director and chairman Tadashi Yanai as…

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Uniqlo owner on track to deliver 25% rise in Q3 profits

Fast Retailing, the parent company of Uniqlo, expects to deliver an increase of 25% in profits in the third quarter,…

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Uniqlo permanently closes stores in Russia

Japanese retailer Uniqlo has recently announced it is leaving Russia after the suspension of its operations last year, Reuters has…

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