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The latest update is out from FAST RETAILING CO ( (JP:9983) ).
FAST RETAILING FRANCE S.A.S., a subsidiary of FAST RETAILING CO., has filed for judicial recovery proceedings in France to implement structural reforms and stabilize its financial foundation. This move aims to revitalize the Comptoir des Cotonniers and Princesse tam.tam brands by consolidating their store network and enhancing customer experiences with shared retail spaces. The impact on FAST RETAILING CO.’s overall financial results is expected to be minimal, with less than a 1% effect on consolidated operating profit.
The most recent analyst rating on (JP:9983) stock is a Hold with a Yen44000.00 price target. To see the full list of analyst forecasts on FAST RETAILING CO stock, see the JP:9983 Stock Forecast page.
More about FAST RETAILING CO
FAST RETAILING CO., LTD. is a prominent player in the retail industry, primarily focusing on the production and sale of apparel. The company operates globally, with a significant presence in the fashion market through its various brands, including Comptoir des Cotonniers and Princesse tam.tam, which specialize in women’s and children’s apparel, as well as lingerie.
YTD Price Performance: -14.06%
Average Trading Volume: 1,286,487
Technical Sentiment Signal: Buy
Current Market Cap: Yen14467.6B
Learn more about 9983 stock on TipRanks’ Stock Analysis page.