Fast Retailing Co Ltd cut its outlook on Thursday after price cuts

Fast Retailing Co Ltd cut its outlook on Thursday after price cuts at its clothing chain Uniqlo hurt quarterly profit, reflecting the weight of chronic deflation that the government is combating with monetary easing and fiscal spending.

Japan Today

HINTS
Fast Retailing cut its outlook

price cuts hurt quarterly profit,

reflecting the weight of deflation

that the government is combating

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