Column: Fast Retailing learns from its mistakes

10/20/2010 | Financial Times (tiered subscription model)

Japan's Fast Retailing expanded rapidly over the past year, opening more than 80 new Uniqlo locations around the world with plans for an even more accelerated expansion. Lately, however, Uniqlo has struggled, prompting Fast Retailing to forecast its first drop in profit in four years. Luckily for those who like either the retailer or its stock, Fast Retailing learns from its mistakes, writes Mure Dickie. "They are always hitting walls, falling down and getting back up again ... stronger," said Masafumi Shoda, analyst at Nomura Securities.

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