Picture of FAST RETAILING logo

9983 — FAST RETAILING News Story

0.000.00%
jp flag iconLast trade - 00:00
Consumer CyclicalsBalancedLarge CapHigh Flyer

Brief: Fast Retailing CFO: Weakening In Yen Is Becoming Increasingly Difficult, Have Been Using Forward Contracts To Mitigate Impact

BRIEF-Fast Retailing CFO: Weakening In Yen Is Becoming Increasingly Difficult, Have Been Using Forward Contracts To Mitigate Impact

- Fast Retailing Co Ltd 9983.T CFO Okazaki:

  • WEAKENING IN YEN IS BECOMING INCREASINGLY DIFFICULT, HAVE BEEN USING FORWARD CONTRACTS TO MITIGATE IMPACT

  • THERE ARE A FEW CASES WHERE WE HAVE NO CHOICE BUT TO INCREASE PRICES

  • EXTREME HEATWAVE IN EUROPE HAS HAD A NEGATIVE IMPACT ON CONSUMER SPENDING

Further company coverage: 9983.T


(Reporting by Rocky Swift)

Recent news on FAST RETAILING

See all news