Uniqlo owner’s shares slump after Q1 net profit falls 9.1%
Fast Retailing Co. shares 9983, -7.95% fell sharply Friday morning after its first-quarter net profit dropped 9.1% from a year earlier due to higher costs and weaker sales in China. The shares were recently 6.9% lower at 74,340 yen after falling as much as 7.1% earlier. The owner of Uniqlo said that net profit for […]