Uniqlo makes a move on Indian market
Japanese clothing retailer Uniqlo has its eyes on India, where it has announced plans to launch with the opening of not one, but three separate stores.
The fashion retailer, best known for its LifeWear collection of wardrobe classics made using performance fabrics, said the move responds to the size and fast growth of the Indian market.
All three stores will open in the city of Delhi, with the first one launching at Ambience Mall in the Vasant Kunj neighbourhood in October.
“We are committed to the Indian market, and are very excited to be launching our first three stores in Delhi, a region that embraces diversity and culture, from art and design to craftsmanship and fashion," said Tadashi Yanai, UNIQLO founder and chairman.
“The opening of our first store, Uniqlo Ambience Mall Vasant Kunj, followed by a second and third store a little later, represents a significant step in our company's global strategy. We look forward to offering our high-quality, affordable LifeWear apparel to the people of India," he added.
The Ambience Mall store will occupy 35,000 sq ft of space over three floors and showcase the full range of Uniqlo LifeWear for men, women, kids and babies, including the popular line of Uniqlo t-shirts.
The second and third Uniqlo stores will be located at DLF Place Saket, a newly renovated shopping destination set to reopen in Fall, and DLF CyberHub, the heart of the millennial city of Gurugram, respectively.
Owned by Fast Retailing, Uniqlo is also set to open its first store in Denmark and Italy this year.
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