Fast Retailing is expanding globally, targeting the U.S. and China and potentially acquiring J.Crew, but is the Uniqlo brand owner moving too quickly?» Read More
*Hong Kong receipts gain 7 pct vs 3 pct rise for Tokyo shares. *Japan's SBI Holdings to delist in Hong Kong on low volumes. HONG KONG, March 5- Uniqlo owner Fast Retailing Co Ltd climbed 7 percent in its Hong Kong trading debut- a listing aimed at raising its profile in China where it plans to expand aggressively as part of its bid to become the world's top clothing firm.
HONG KONG, March 5- Fast Retailing Co Ltd jumped 4 percent in its Hong Kong trading debut on Wednesday as the operator of Japan's Uniqlo clothing outlets listed in the island city in an effort to boost its profile in mainland China and beyond.
TOKYO, Feb 25- Fast Retailing Co's casual clothing brand Uniqlo is rethinking its "Made for All" strategy, looking to offer lower priced lines in smaller Asian cities and more generous sizes to fit the U.S. market, a top executive said on Tuesday.
European equities closed lower on Wednesday after a U.S. budget deal added to expectations the Fed will scale back stimulus soon.
The world's most valuable jewelry retailer Chow Tai Fook is on a quest to conquer the hearts of China's future big spenders.
European shares closed higher on Wednesday.
"The consumer is being picky, so as an investor we need to be picky as well," Fidelity's Peter Dixon says.
H&M, the world's second-largest fashion retailer, posted a bigger than expected drop in second-quarter earnings.
While the economic data show a recovery in place, it doesn't seem as if the message has gotten through to retailers serving lower- and middle-income consumers.
European shares closed lower on Wednesday, mirroring losses in U.S. markets.
A Bangladesh factory where Wal-Mart Stores and Inditex inspectors spotted cracks in the wall this month is still making Wrangler shirts for the world's largest apparel maker, U.S.-based VF Corp.
The world's two biggest fashion retailers backed an accord aimed at preventing a repeat of last month's collapse of a Bangladesh factory building.
H&M, the world's second-biggest fashion retailer, posted a slightly bigger drop than expected in first quarter pretax earnings.
Zara owner Inditex posted a 22 percent rise in 2012 profit to 2.4 billion euros ($3.13 billion) on Wednesday, shrugging off belt-tightening in home market Spain by tapping fashion-hungry consumers in markets like Asia.
Spain's IBEX 35 Index may have been a laggard last year with a drop of 6 percent but since the announcement of the European Central Bank's bond-buying plan investors have returned to the country and the index has climbed 14 percent.
European shares closed higher on Wednesday ahead of a Federal Reserve meeting in the U.S., with investors expecting an announcement on a new treasury purchase plan.
Spain's Zara owner Inditex continued to buck the pain in austerity-wracked Europe on Wednesday, posting nine-month net profit up 27 percent at 1.65 billion euros through its aggressive store-opening program around the world.
Millions of Chinese shoppers are turning to the web, fueling a booming $64 billion e-commerce market, as a local player gets set to overtake Amazon as the world's biggest online retailer by 2016.
The National Statistics Institute said Friday that 85,000 more people joined the ranks of the unemployed between July and September, raising the total to 5.78 million. Spain is under pressure to ask for outside aid to help deal with its debts.
HONG KONG, Oct 24- Hong Kong shares posted a fresh 2012 closing high on Wednesday, buoyed by expectations of more capital inflows into the territory after its de facto central bank moved to weaken the Hong Kong dollar for the fourth time in less than a week.