{"id":225,"date":"2016-10-18T03:14:20","date_gmt":"2016-10-18T03:14:20","guid":{"rendered":"http:\/\/www.springtextile.com\/blogs\/?p=225"},"modified":"2016-10-18T03:14:35","modified_gmt":"2016-10-18T03:14:35","slug":"fast-retailing-decreases-23-on-year-profit","status":"publish","type":"post","link":"https:\/\/www.springtextile.com\/blogs\/fast-retailing-decreases-23-on-year-profit.html","title":{"rendered":"Fast Retailing Decreases 23% On Year Profit"},"content":{"rendered":"
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Fast retailing’s full fiscal revanues might have been liftup in 2016, but profit statistics goes down, according to Sourcing Journal<\/a>.<\/p>\n

Base on the financial report of J Brand, the parent comapny of Uniqlo and denim line, the revanue for the first eight monthes was up by six percent, but the operating profit was down by nearly 23 percent.<\/p>\n

Fast retailing attributing the considerate profit decline on their foreign exchange loss and store closures.\u00a0On the upside of the story, the company statmented a hundred percent year on year up in profit in the recent six month.<\/p>\n

Things were similar for Uniqlo, whose revenue gown nearly 10percent, whereas profits were down to 37 billiion yen for almost 15 percent. If Fast Retailing didn’t get a sharp gain in China, the plunge would have been bigger.<\/p>\n

Looking ahead to 2017, Fast Retailing are expecting increases of revenues to 3.6% and operating profit to175 billion yen ($1.67 million).<\/p>\n

Huangshan Spring Hometextile is a specialist in manufacturing waterproof mattress protector<\/a> and bedding products. As a reliable business partner\u00a0for retail brands, we constantly update the lastest industry information for you.<\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

Fast retailing’s full fiscal revanues might have been liftup in 2016, but profit statistics goes down, according to Sourcing Journal. Base on the financial report of J Brand, the parent comapny of Uniqlo and denim line, the revanue for the … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":[],"categories":[10],"tags":[30,46],"_links":{"self":[{"href":"https:\/\/www.springtextile.com\/blogs\/wp-json\/wp\/v2\/posts\/225"}],"collection":[{"href":"https:\/\/www.springtextile.com\/blogs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.springtextile.com\/blogs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.springtextile.com\/blogs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.springtextile.com\/blogs\/wp-json\/wp\/v2\/comments?post=225"}],"version-history":[{"count":2,"href":"https:\/\/www.springtextile.com\/blogs\/wp-json\/wp\/v2\/posts\/225\/revisions"}],"predecessor-version":[{"id":229,"href":"https:\/\/www.springtextile.com\/blogs\/wp-json\/wp\/v2\/posts\/225\/revisions\/229"}],"wp:attachment":[{"href":"https:\/\/www.springtextile.com\/blogs\/wp-json\/wp\/v2\/media?parent=225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.springtextile.com\/blogs\/wp-json\/wp\/v2\/categories?post=225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.springtextile.com\/blogs\/wp-json\/wp\/v2\/tags?post=225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}