Fast Retailing trims outlook after Uniqlo price cuts hit profit

Fast Retailing shares have fallen around 35% over the past year

Fast Derailing...next Flagship Store in....?

But the brand has struggled in a crowded market where rivals such as Gap Inc are already well established, and where it faces price competition from fast-fashion brands such as H & M and Inditex’s Zara. yep the competition is much more fierce than they thought outside of Japan, theyll have to become at least a top 3 clothing company in the US if they have any hope of becoming the worlds largest clothing retailer. I very much doubt they can do that without big discounts and much lower profit margins

Makes sense when prices go down, profits go down