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Fast Retailing Group brand Gu plans to launch in South Korea this year with a store in Lotte World Mall in Jamsil, Seoul. With the brand message “Your freedom”, the Japanese clothing store will have a sales floor area of 1400sqm and offer items for women, men…
Japanese casualwear manufacturer Fast Retailing will open a Uniqlo shop on Sumatra Island, its first outlet outside Indonesia’s most populous main island of Java. The shop will open at the Sun Plaza shopping mall in Medan this week, in the northern part of…
Japan’s Fast Retailing plans to launch its Uniqlo clothing brand in Sweden with an initial store in Stockholm this year. Taking on its rival H&M in its home market, it marks the cut-price brand’s debut in the Nordic region. Uniqlo has fewer than 70 stores in…
Uniqlo parent Fast Retailing has reported a record first quarter profit as international sales eclipsed its domestic revenue for the first time. While Fast Retailing sales in Japan rose 8 per cent to 257 billion yen (US$2.31 billion) for the first quarter…
Uniqlo parent Fast Retailing has applied to open stores in India. The Japanese fast-fashion giant has filed an application with India’s Department of Industrial Policy & Promotion to do business in the country under the Uniqlo brand. “India is a market with…
Uniqlo Canada has announced plans to open its third store. Its debut in British Columbia, the store will open late this year, 12 months after Uniqlo entered Canada with an outlet in Toronto. Opening at Metropolis at Metrotown in Burnaby, British Columbia, the…
A lifestyle-focussed concept store, Uniqlo Move, has been launched in Tokyo by the Japanese fashion basics retailer. It features its LifeWear range of activewear in a space on the eighth floor of Shinjuku Takashimaya department store. Sections of the 75 sqm…
From fast fashion to faster fashion: speed is seen as the key by Uniqlo owner Fast Retailing in its bid to outrace apparel powerhouse Zara. Uniqlo founder Tadashi Yanai says Fast Retailing plans to shorten the time it takes from design to delivery to about 13…
Japanese casual apparel retailer Uniqlo Spain will open its first store in Barcelona this northern autumn. The move takes it into the home market of archrival Inditex, parent of the Zara brand, among others. On the Paseo de Gracia shopping streets, the store…
Both consolidated revenue and profit rose for apparel retailer Fast Retailing Group in the first quarter of its latest fiscal year – the three months to November 30. Consolidated revenue rose 1.6 per cent year-on-year to reach ¥528.8 billion (U$4.6 billion),…
While Fast Retailing profit fell in the full year, the Japanese apparel giant says its second-half profit rebounded sharply. Consolidated revenue rose 6.2 per cent to JP¥1.7864 trillion (US$17.19 trillion) while its operating profit fell 22.6 per cent to…
Japanese retail holding company Fast Retailing intends to have 1000 shops for its low-cost GU brand overseas in 10 years, up from about 10 foreign stores now. GU sells clothing often priced at about half that of stablemate Uniqlo. Fast Retailing will expand…
Was there a stampede when the new Uniqlo Global Flagship Store opened its doors at Orchard Central on its first day of business? That depends upon your definition of the world. The store, the latest and greatest in the brand’s 25-store empire, has captured…
Fast Retailing raised its full-year earnings forecasts after sales at its Uniqlo casual-wear stores in China and South Korea grew more strongly than expected during the first half of the financial year, showing its overseas expansion is bearing fruit.…
Tokyo-based fast-fashion brand Uniqlo US, a 1700-store global chain with 43 US outlets, has been retrenching amid slowing sales. It has quietly closed five stores in the US since January, all in suburban shopping malls. “The US is very important to the…
Japanese apparel company Uniqlo has launched a special collection of items featuring traditional motifs of Indonesian batik, a heritage included on the UNESCO list of Intangible Cultural Heritages of Humanity in 2009. As part of a second program in the Uniqlo…
