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.
"I was driving back on Saturday afternoon from the beach, and I just saw this sign saying 'Skydiving for $95.' And I was like, I can't not sky dive for $95," says Tom Bateman about a moment in Hawaii while shooting "Snatched." #wwdeye (📷: @vsteves; Interview by @ktauer; Styled by @thealexbadia)