By  on October 8, 2009

TOKYO — Fast Retailing Co. Ltd. posted another year of double-digit growth as its Uniqlo brand continued to win over price-sensitive consumers.

Net profit for the year ended Aug. 31 rose 14 percent to 49.8 billion yen, or $517.4 million at average exchange rates for the period, the company said Thursday. That figure is lower than the 52 billion yen, or $540.3 million, target it set in July.

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