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Fast Retailing Reports Record $3 Billion in Annual Profit

A post-pandemic recovery in China and the yen’s slide helped boost the Uniqlo owner’s operating profit by 28 percent year on year.
The Uniqlo store in New York's SoHo neighbourhood.
The Uniqlo store in New York's SoHo neighbourhood. (Shutterstock)

Japan’s Fast Retailing, owner of clothing brand Uniqlo, reported on Thursday that full-year operating profit rose 28 percent to reach its second consecutive record, aided by a post-pandemic recovery in China and the yen’s slide.

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