Major brands are practicing sustainability in every aspect, from booth layout and installation design to products, packaging, and recycling. Many brands have introduced patented technologies or innovations for the first time, attempting to address the chronic issues in the fashion industry.
The group raised its full-year profit forecast from 350 billion yen in Q1 to 360 billion yen, higher than the average expectation of 347 billion yen by 14 analysts.
Fast Retailing Co. blamed the decrease on pandemic-related restrictions in China and the weaker yen, as well as the warmer weather in November.