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Fast Retailing shares hit record high

This comes after Japanese apparel maker lifts profit forecast by 20%
Saturday, April 11, 2015 - 05:50
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STRONG DEMAND: Domestic sales of the Uniqlo brand rose 12.1 per cent year on year while international sales jumped 48.9 per cent. Chairman Tadashi Yanai aims to hit five trillion yen in sales by 2020.

Tokyo

FAST Retailing Co shares rose to a record after Asia's largest apparel maker increased its annual profit forecast 20 per cent on strong domestic and international sales of Uniqlo casual wear.

The stock climbed to as high as 50,650 yen in Tokyo trading on Friday, the highest