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 July 9 (Reuters) - 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)
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