Uniqlo owner seen posting 24% annual profit rise on brand's overseas push

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Quick Summary:

Both sectors delivered strong sales and profits through the first nine months of fiscal 2024.

That's marginally higher than the company's 475 billion yen forecast, which it lifted in July citing a strong performance in the second half.

Company founder Tadashi Yanai aims to make Fast Retailing the world's biggest fashion retailer, with the operators of Zara and H&M standing in the way.