Uniqlo: A Force Of Fabric In The Fast Fashion Sector [Forbes]
FAST RETAILING UNSP/ADR (FRCOY)
NASDAQ:AMEX Investor Relations:
fastretailing.com/eng/ir
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Source: Forbes
Photographed: Uniqlo clothing store at Sanlitun on November 5, 2021 in Beijing, China. (Photo by VCG/VCG via Getty Images) VCG via Getty Images Japan's Fast Retailing Co., the parent company of Uniqlo, celebrates another record-breaking year, reporting a 25% rise in net profit to $2.5 billion. The message is clear: Uniqlo's approach to fashion is resonating with consumers. Whilst many will associate the fast fashion sector with disposable clothing and high turnover trends, Uniqlo is moving further to an outlier position - a strategy that is paying well. Behind Uniqlo's Success: Quality Over Speed Fast fashion typically conjures images of fleeting trends, rapid production and clothes that barely last a season. Brands like Zara and Shein have built their empires on swiftly replicating runway styles at a fraction of the price. Uniqlo, however, plays a different game. Uniqlo has built its reputation on creating wardrobe essentials that prioritise functionality and longevity. Where
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