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Often referred to as the cheap Fast Retailing brand - which also owns UNIQLO, Theory and Comptoir des Cottoniers -, GU has become a profit generator. It has really been a change, "concludes Murata.”While we still have room for improvement, we believe there is greatpotential for GU. Available at more affordable prices and aimed at youngerclients, GU had already achieved an operating profit in nine months of26,000 million yen (about 242 million dollars), which represents a jump of75 percent over the previous year, contributing roughly one-tenth of thetotal operating profit of the group. Fast Retailing is a global company that operates multiple fashion brands including UNIQLO, GU, and Theory. Items such as a oversized tees and ‘marshmallow’ pumps have done particularly well in the past year, Murata said.“It will become an important aspect of Fast Retailing’s business,” said JP Morgan Securities analyst Dairo Murata, who sees GU’s contribution to Fast Retailing reaching a 13-year high. In 1984, the company, which ran a menswear store in Ube, Yamaguchi, opened a new casual-wear store named Unique Clothing Warehouse in Hiroshima City; this was the forebear of Uniqlo.. Otherindustry experts cited by Bloomberg point out that the brand still needs toadjust its brand identity and target customers. To improve profitability and communicate the GU brandmessage ‘YOUR FREEDOM’--which emphasizes freedom of expression throughclothing--concept we introduced a new product mix with a strong focus onmass trend fashion from the 2018 Fall/Winter season and strengthened TVmarketing,” sums up the company in their financial presentation.And the success of GU is based precisely on the existing strengths ofthe group, such as its wide supply network and scale.Often referred to as the cheap Fast Retailing brand - which also ownsUNIQLO, Theory and Comptoir des Cottoniers -, GU has become a profitgenerator. 2 days ago. The GU segment deals with GU business in Japan and overseas. Learn More. The company was founded as Ogōri Shōji Co., Ltd. in 1963 by Tadashi Yanai.. Fast Retailing embraces and promotes diversity and inclusion. Retail competition is very fierce in Asia, and GU’s growth may level out next year after its big turnaround period, Murata added. Fast Retailing RELATED STOCKS History. FY2018revenue reached 211.8 billion yen and operating profit 11.7 billion yen.It should be remembered that GU was broken down as a separate commercialsegment for Fast Retailing reports two years ago. “In thelast fiscal year, GU reduced the number of items and began focusing on masstrends. “In this past fiscal year, GU whittled down the number of items and started focusing on the mass trends. ... JP ｜ EN ©FAST RETAILING CO., LTD. By continuing your visit to this site, you accept the use of cookies to ensure the best possible use of our site. "Fast Retailing's ability to really refine all its supply chainoperations and create faster products will benefit its smaller-scale brandsmore than Uniqlo," Bloomberg Intelligence analyst Catherine Lim saidearlier this week.New York – GU, the mostexperimental and elegant of Fast Retailing’s brand portfolio, has becomeone of the growth engines of the Japanese group on its own merits.Still, JP Morgan Securities analyst does not expect explosive GU growthat the geographical level: "Retail competition is very fierce in Asia, andGU growth can level off next year after its great recovery period." While GU has mostly focused on domestic growth, it’s opened a handful of store around Asia in cities like Taiwan and Hong Kong.The unit was broken out as as a separate business segment for Fast Retailing’s reporting two years ago.
Often referred to as the cheap Fast Retailing brand - which also owns UNIQLO, Theory and Comptoir des Cottoniers -, GU has become a profit generator. It has really been a change, "concludes Murata.”While we still have room for improvement, we believe there is greatpotential for GU. Available at more affordable prices and aimed at youngerclients, GU had already achieved an operating profit in nine months of26,000 million yen (about 242 million dollars), which represents a jump of75 percent over the previous year, contributing roughly one-tenth of thetotal operating profit of the group. Fast Retailing is a global company that operates multiple fashion brands including UNIQLO, GU, and Theory. Items such as a oversized tees and ‘marshmallow’ pumps have done particularly well in the past year, Murata said.“It will become an important aspect of Fast Retailing’s business,” said JP Morgan Securities analyst Dairo Murata, who sees GU’s contribution to Fast Retailing reaching a 13-year high. In 1984, the company, which ran a menswear store in Ube, Yamaguchi, opened a new casual-wear store named Unique Clothing Warehouse in Hiroshima City; this was the forebear of Uniqlo.. Otherindustry experts cited by Bloomberg point out that the brand still needs toadjust its brand identity and target customers. To improve profitability and communicate the GU brandmessage ‘YOUR FREEDOM’--which emphasizes freedom of expression throughclothing--concept we introduced a new product mix with a strong focus onmass trend fashion from the 2018 Fall/Winter season and strengthened TVmarketing,” sums up the company in their financial presentation.And the success of GU is based precisely on the existing strengths ofthe group, such as its wide supply network and scale.Often referred to as the cheap Fast Retailing brand - which also ownsUNIQLO, Theory and Comptoir des Cottoniers -, GU has become a profitgenerator. 2 days ago. The GU segment deals with GU business in Japan and overseas. Learn More. The company was founded as Ogōri Shōji Co., Ltd. in 1963 by Tadashi Yanai.. Fast Retailing embraces and promotes diversity and inclusion. Retail competition is very fierce in Asia, and GU’s growth may level out next year after its big turnaround period, Murata added. Fast Retailing RELATED STOCKS History. FY2018revenue reached 211.8 billion yen and operating profit 11.7 billion yen.It should be remembered that GU was broken down as a separate commercialsegment for Fast Retailing reports two years ago. “In thelast fiscal year, GU reduced the number of items and began focusing on masstrends. “In this past fiscal year, GU whittled down the number of items and started focusing on the mass trends. ... JP ｜ EN ©FAST RETAILING CO., LTD. By continuing your visit to this site, you accept the use of cookies to ensure the best possible use of our site. "Fast Retailing's ability to really refine all its supply chainoperations and create faster products will benefit its smaller-scale brandsmore than Uniqlo," Bloomberg Intelligence analyst Catherine Lim saidearlier this week.New York – GU, the mostexperimental and elegant of Fast Retailing’s brand portfolio, has becomeone of the growth engines of the Japanese group on its own merits.Still, JP Morgan Securities analyst does not expect explosive GU growthat the geographical level: "Retail competition is very fierce in Asia, andGU growth can level off next year after its great recovery period." While GU has mostly focused on domestic growth, it’s opened a handful of store around Asia in cities like Taiwan and Hong Kong.The unit was broken out as as a separate business segment for Fast Retailing’s reporting two years ago.