Shelly Banjo, a Bloomberg Gadfly columnist covering industrial companies and conglomerates. She previously was a reporter at Quartz and the Wall Street Journal.© Bloomberg Gadfly
quote of the day
Fast Retailing still hasn't figured out how to grow sustainably in other offshore markets, including the U.S., where it missed the mark with consumers on sizing and expanded so quickly it later had to wear losses from store closures. Ditto in China, where Fast Retailing opened to huge success but couldn't keep up with rapidly changing consumer tastes.
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