Fast Retailing Q1 Net Plunges 34.9 Percent

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TOKYO — Fast Retailing Co. Ltd., parent of Japanese fast-fashion label Uniqlo, reported a 34.9 percent drop in net profits in the first quarter ended Nov. 30 to 22.71 billion...

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Fast Retailing Q1 Net Plunges 34.9 Percent

The company kept its full-year earnings forecast but trimmed its sales target.

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