For the first quarter, Uniqlo sales at its 851 stores in Japan rose 7.7 percent, while sales at Uniqlo’s 347 overseas outlets jumped 51 percent, boosted by aggressive expansion in Asian countries. Fast Retailing chief executive officer Tadashi Yanai has said that he plans to open up to 300 Uniqlo stores outside Japan per year.
Fast Retailing boosted its sales and profit forecasts for the full year ending Aug. 31. The company now expects net profit to grow by 21.4 percent to 87 billion yen, or $994.16 million at current exchange. This is up from the company’s forecast in October for sales of 84.5 billion yen, or $965.59 million.
The company said it now expects full-year sales to grow 15.1 percent to 1.07 trillion yen, or $12.22 billion. This is up from the October forecast of 1.06 trillion yen, or $12.07 billion.
Madonna turns 59 today, marking another year of show-stopping, one-of-a-kind bold looks from the singer. To celebrate, we took a look at the superstar's most memorable fashion moments. Here, Madonna sits front row at Versace's spring runway show in 1995. See more exclusive photos from the #wwdarchive on WWD.com. #wwdeye (📷: Cédric Dordevic)
WWD asked a handful of creative directors to evaluate the September covers of leading women's fashion magazines. How do they think the covers this year compare with years gone by, and what do they say about the current status of the publication? Link in bio. (GIF by @hypebreast)
"Stephen King is such a master, but I don't like being scared - there's enough that's really scary. How about the morning's news?" says Holland Taylor in an interview with WWD. See what else the actress said about starring in the TV adaptation of King's thriller "Mr. Mercedes" on WWD.com. #wwdeye (📷: @jgreenery)