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Uniqlo owner sees big profit drop in China due to Covid restrictions

Inside Retail

China is Fast Retailing’s biggest foreign market, with 863 stores on the mainland and almost 90 outlets in Shanghai, where stringent lockdown measures, introduced in late March, remain in place to contain the country’s worst outbreak of the pandemic. Fast Retailing has more Uniqlo stores in China than in its home market of Japan.

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‘More is more’: Q&A with Camilla CEO, Jane McNally

Inside Retail

But through that period, we included things like additional global shipping destinations, we localised currency and payment options, and we selected local-language sites. We host and continue to host weekly watch parties where our in-house stylists can talk customers through each new drop and offer styling solutions and outfit tips.

Fashion 264
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Jason & Scot Show Episode 297 -GroceryShop 2022 and news

Retail Geek

Scot: [50:37] Yeah I had a drop cam and I can never get the nest thing took over and. So I did a test order and exactly like wish the promise ship date was like 21 days. Jason: [50:42] Yeah and so the. Scot: [50:43] That’s none of it. So you order this shirt and then you wait 21 days and wow.

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Jason & Scot Show Episode 284 Annual Predictions 2022

Retail Geek

Jason : Made to Order apparel business > 9 figures Yes Retailer offers viable health alt insurance option to consumers No Grocery E-Com > 10% someone deploys(not pilots) MFC Yes Amazon Shopify Competitor (shipping solution) No Retail Media > $20B Yes. Scot: [19:42] Boom drops the mic walk. Jason Total Score: 3 of 5.