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Fast Retailing Lowers Earnings Forecast for Year to Aug.

Fast Retailing Lowers Earnings Forecast for Year to Aug.

   Tokyo, Jan. 9 (Jiji Press)--Fast Retailing Co. <9983>, the operator of the Uniqlo casual apparel chain, on Thursday revised down its consolidated earnings forecast for the year to August 2020, citing sluggish winter clothing sales due to a warm winter.
   Prolonged prodemocracy protests in Hong Kong and the boycotting of Japanese products in South Korea also pushed down the earnings projection.

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AFP-JIJI PRESS NEWS JOURNAL


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