Fast Retailing Co. Ltd.

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- Japan's consumer mood worsens, casting doubt on rate hike timing
  Reuters · 01-08
  Japan's consumer mood worsens, casting doubt on rate hike timing
- Stock of Uniqlo’s Parent Down Most in 9 Weeks After Xinjiang Remarks
  Bloomberg · 2024-12-02
  Stock of Uniqlo’s Parent Down Most in 9 Weeks After Xinjiang Remarks
- Uniqlo risks boycott in China after CEO's Xinjiang comment
  Reuters · 2024-11-29
  Uniqlo risks boycott in China after CEO's Xinjiang comment
Company Profile
Company Name
Fast Retailing Co. Ltd.
Market
PINK LIMITED
Establishment Date
- -
Employees
- -
Office Location
- -
Website
http://www.fastretailing.com
Zip Code
- -
Phone
- -
Fax
- -
Introduction
Fast Retailing Co., Ltd., through its subsidiaries, operates as an apparel designer and retailer in Japan and internationally. The company operates through UNIQLO Japan, UNIQLO International, GU, and Global Brands segments. It manufactures and retails clothing for men, women, children, and babies, as well as offers shoes and other goods and items. The company operates stores and franchises under the UNIQLO, GU, PLST, Theory, COMPTOIR DES COTONNIERS, J Brand, and PRINCESSE TAM.TAM brand names. It also sells its products through online; and provides real estate leasing services. The company was formerly known as Ogori Shoji Co., Ltd. and changed its name to Fast Retailing Co., Ltd. in September 1991. Fast Retailing Co., Ltd. was founded in 1949 and is headquartered in Yamaguchi, Japan.

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Japan's consumer sentiment deteriorated in December, a government survey showed on Wednesday, casting doubt on the central bank's view that solid household spending will underpin the economy and justify a rise in interest rates.The results precede the Bank of Japan's policy meeting on Jan. 23-24, when some analysts anticipate a potential interest rate increase from the current 0.25%.An index measuring consumer sentiment fell to 36.2 in December, a 0.2 point drop from the previous month, according to the survey by the Cabinet Office.Separate data showed Japan's output gap, which measures the difference between an economy's actual and potential output, stayed negative in July-September for the 18th straight quarter.A negative output gap means actual output is running below the economy's full capacity, and is considered a sign of soft demand.These findings underscore the vulnerability of Japan's economy as rising living costs and uncertainty over U.S. President-elect Donald Trump","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/japans-consumer-mood-worsens-casting-085605673.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"economic","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4094","FRCOF","FRCOY"],"gpt_icon":1},{"id":"2488297954","title":"Stock of Uniqlo’s Parent Down Most in 9 Weeks After Xinjiang Remarks","url":"https://stock-news.laohu8.com/highlight/detail?id=2488297954","media":"Bloomberg","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2488297954?lang=en_us&edition=full_marsco","pubTime":"2024-12-02 10:46","pubTimestamp":1733107614,"startTime":"0","endTime":"0","summary":" — Shares of Fast Retailing  declined as much as 4.5%, the most since Sept. 30, after a spokesperson said the company is concerned about Chinese demand following comments from its chairman that the retailer is not using cotton from Xinjiang.Tadashi Yanai said Fast Retailing’s flagship clothing chain Uniqlo does not source cotton from China’s Xinjiang region, where the US has restricted trade over human rights concerns, in a BBC interview last week.A representative for Fast Retailing told Bloomberg on Nov. 30 that the company was “watching the situation carefully” to see whether Yanai’s remarks would lead to a fall in demand for, or boycott of, its products in China.Yanai’s comments have “elevated mainland Chinese social media scrutiny” of Uniqlo’s operations in Xinjiang during the label’s peak winter selling period, said Catherine Lim, a senior analyst at Bloomberg Intelligence. “This could prompt the firm to delay the opening of larger-sized stores in China this fiscal year,” she said","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/T9E.31Z3SL6e7QKkUDVlkQ--~B/aD0xMzM0O3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/bloomberg_markets_842/b0a948024669feb29e4d64f6439cde73","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/T9E.31Z3SL6e7QKkUDVlkQ--~B/aD0xMzM0O3c9MjAwMDthcHBpZD15dGFjaHlvbg--/https://media.zenfs.com/en/bloomberg_markets_842/b0a948024669feb29e4d64f6439cde73"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/stock-uniqlo-parent-down-most-004325472.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4567","BK4585","FRCOF","FRCOY","IE00B5TLWC47.USD","IE00BFXG0V08.USD","BK4588","IE00BYQQ9H92.USD","BK4094","BK4104","FAST"],"gpt_icon":0},{"id":"2487863583","title":"Uniqlo risks boycott in China after CEO's Xinjiang comment","url":"https://stock-news.laohu8.com/highlight/detail?id=2487863583","media":"Reuters","labels":["policyRegulatory"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2487863583?lang=en_us&edition=full_marsco","pubTime":"2024-11-29 14:37","pubTimestamp":1732862237,"startTime":"0","endTime":"0","summary":"BEIJING  - Casual wear giant Uniqlo is facing calls for a consumer boycott in China after the CEO of the clothing company's owner said it does not source cotton from China's Xinjiang, which has faced allegations of forced labour in recent years.Fast Retailing CEO Tadashi Yanai made the comment during an interview in Tokyo with the British Broadcasting Corporation that was published on Thursday.Two hashtags on Yanai's comment went viral on Friday on Chinese social media platform Weibo, where several users slammed the company and vowed to never purchase its products.This was demonstrated by the consumer boycott Uniqlo’s rival, H&M, faced in China in 2021 for a statement posted on its website where it expressed concern about the allegations of forced labour in Xinjiang and said it would no longer source cotton from there.H&M saw its stores removed from major e-commerce platforms and its store locations moved from map apps in China as it bore the brunt of consumer anger at companies refusi","market":"us","thumbnail":"https://s.yimg.com/uu/api/res/1.2/eTukZwnV1o3OyI8MRcEV2g--~B/aD01NzQ7dz04MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/reuters-finance.com/ad78b080b91c1338dd5c887f82ecd28b","type":0,"news_type":0,"thumbnails":["https://s.yimg.com/uu/api/res/1.2/eTukZwnV1o3OyI8MRcEV2g--~B/aD01NzQ7dz04MDA7YXBwaWQ9eXRhY2h5b24-/https://media.zenfs.com/en/reuters-finance.com/ad78b080b91c1338dd5c887f82ecd28b"],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://finance.yahoo.com/news/uniqlo-risks-boycott-china-ceos-063717350.html","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"-1","news_top_title":null,"news_tag":"policyRegulatory","news_rank":0,"length":0,"strategy_id":0,"source":"yahoofinance","symbols":["BK4094","FRCOY","FRCOF"],"gpt_icon":0}],"currentPage":1,"bottom":true},"noticeData":{"listData":[],"currentPage":1,"bottom":true},"companyData":{"profile":{"websiteUrl":"http://www.fastretailing.com","stockEarnings":[{"period":"1week","weight":0.0258},{"period":"1month","weight":-0.024},{"period":"3month","weight":-0.0871},{"period":"6month","weight":0.0944},{"period":"1year","weight":0.1392},{"period":"ytd","weight":0.1525}],"description":"Fast Retailing Co., Ltd., through its subsidiaries, operates as an apparel designer and retailer in Japan and internationally. The company operates through UNIQLO Japan, UNIQLO International, GU, and Global Brands segments. It manufactures and retails clothing for men, women, children, and babies, as well as offers shoes and other goods and items. The company operates stores and franchises under the UNIQLO, GU, PLST, Theory, COMPTOIR DES COTONNIERS, J Brand, and PRINCESSE TAM.TAM brand names. It also sells its products through online; and provides real estate leasing services. The company was formerly known as Ogori Shoji Co., Ltd. and changed its name to Fast Retailing Co., Ltd. in September 1991. Fast Retailing Co., Ltd. was founded in 1949 and is headquartered in Yamaguchi, Japan.","exchange":"PINK LIMITED","name":"Fast Retailing Co. Ltd.","nameEN":"Fast Retailing Co. Ltd."},"aProfile":null}}}