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Fashion

Gu and Undercover launch new clothing brand, ‘Ug’

Uniqlo sister brand Gu has unveiled a new clothing venture under the name ‘Ug’, created in partnership with Undercover, the brand of Japanese designer Jun Takahashi. In a release, Gu said that Ug intends to serve as an enhanced iteration of its existing identity, elevated through the inclusion of Takahashi, who was involved in the entire...

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BusinessFeaturedMember

Uniqlo parent Fast Retailing posts strong sales and profit growth

Fast Retailing revenue crossed 3 trillion yen, up 12.2 percent and operating profit over 500 billion yen, up 31.4 percent, while profit attributable to owners of the parent of 371.9 billion yen, increased by 25.6 percent. The company plans to offer a year-end dividend of 225 yen per share. The company said in a statement that when added to the...

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