Fast Retailing Revises Fiscal 2020 Sales Target Downward
Fast Retailing Co., Ltd. has revised its sales target for fiscal 2020 downward from 5 trillion yen to 3 trillion yen. Tadashi Yanai, Chairman, President and CEO of Fast Retailing,…
Invista Producing Lycra in Foshan, China
According to Julien Born, Executive Vice President of Invista, Apparel & Advanced Textiles, Eastern Region, the company has plans of shifting production at the Foshan Plant (Guangdong Province, China) from…
Fast Retailing Reports Profit Drop in FY2016
Fast Retailing Co., Ltd. reported that in the fiscal year ending in August 2016, consolidated sales increased by 6.2% over the previous fiscal year to 1,786.4 billion yen, while operating…