Uniqlo owner Fast Retailing raised its full-year year on the back of strong demand for its winter clothing ranges and strength in its international business in the first half.
Fast Retailing reported net income for the six months to the end of February rose 7.1 per cent year on year to to ¥104.15bn. The apparel retailer expects full-year net income of ¥130bn, up from its January estimate of ¥120bn.
Sales rose 16.6 per cent year on year to ¥1.19tn.
The company also upped its operating profit outlook for the 12 months to the end of August to ¥225bn ($2.1bn) from ¥200bn previously. It reported operating income of ¥170.5bn in the first half of the year.
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