Editor
Japan’s Fast Retailing Co, owner of clothing brand Uniqlo, said on Thursday that first quarter earnings slid 2 percent, reflecting weakness at home and continuing Covid-19 restrictions in China.
A day after announcing plans for big wage rises, the company said operating profit had been 117.1 billion yen ($889.82 million) in the three months to the end of November, compared with 119.4 billion yen a year earlier.
The consensus forecast was for…
