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Fast Retailing To Axe Most UK Uniqlo Stores

2003-3-10 11:17:00
Japanese retail giant Fast Retailing Co on Friday announced plans to axe nearly all of its UK Uniqlo stores amid sliding sales both here and at home.

The Tokyo-based company said it will close 16 of its 21 UK outlets before the end of August and book a three billion yen extraordinary loss to pay for the closures.

 
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