Fast Retailing Forecasts a 34% Profit Rise

Fast Retailing, the leading Asian retailer, owns brands like Uniqlo and J Brand. Despite a 21% increase in sales, profits fell by 29% due to various factors, including the yen's weakness. However, the company is optimistic about future growth, especially in Greater China, where operating profits rose by 83%. Fast Retailing plans to open 85 new stores in 2014, focusing on international markets. Owned by billionaire Tadashi Yanai, the company is diversifying beyond Uniqlo. While J Brand struggles in the U.S., Fast Retailing anticipates a 34% profit rise next year, driven by overseas growth and favorable currency exchange rates.

What was the percentage increase in sales for Fast Retailing in the full year?

• 67%

• 83%

• 29%

• 21%

Which brand owned by Fast Retailing has been experiencing losses?

• H&M

• Zara

• J Brand

• Uniqlo

How many new stores does Fast Retailing plan to open in 2014?

• 50

• 85

• 120

• 100

What is the expected profit increase for Fast Retailing next year?

• 21%

• 34%

• 29%

• 67%

Who reclaimed the title of Japan's richest person?

• Masayoshi Son

• Tadashi Yanai

• Hiroshi Mikitani

• Akio Toyoda