TOKYO — Fast Retailing Co. Ltd., corporate parent of Uniqlo, said Thursday its first-half net profit rose 55.7 percent to 55.36 billion yen, or $612.84 million at average exchange for the period.
The retailer has seen strong performances in key products such as the Neo Leather series, ultralightweight down jackets and the popular HeatTech line of thermalwear. Increasing success of the brand’s stores internationally in locations such as Paris and across Asia also buoyed sales and profits for the period.
A Stella McCartney sketch of a custom dress made from protein-based silk in partnership with biotech lab Bolt Threads. The dress will be displayed at The Museum of Modern Art's upcoming design exhibition, "Items: Is Fashion Modern?"