Uniqlo Owner Sees Big Profit Drop in China Due to COVID Restrictions
Clothing brand Uniqlo's Japanese owner said on Thursday its China operation would report a large profit decline in the current fiscal year owing to the country's COVID-19 restrictions. Fast Retailing is a bellwether for how major global retailers are being impacted by COVID-related shutdowns in China, one of the biggest…
Asharq Al-Awsat ·