(MENAFN) The operator of Japanese fast-fashion brand Uniqlo said robust foreign sales and a weaker yen had given a more than 50 percent boost to its half-year net profit, Oman Observer reported.
For the six months to the end of February, Fast Retailing said net profit reached USD871 million, marking a 56.2 percent increase from the USD557.89 million logged a year ago.
"In all business segments, we saw higher sales and profits, with the international Uniqlo business showing significant sales and profit increases," the company said in a statement.
The firm, which runs 716 stores overseas, enjoyed rising popularity in China, Hong Kong, Taiwan, and South Korea, while it also achieved sales and profit targets in Southeast Asia and Europe.
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