Fast Retailing to triple number of Uniqlo stores in Asia

Les echos
today Apr 7, 2009
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Fast Retailing, the Japanese owner of the brands Uniqlo, Comptoir des Cotonniers, Princesse Tam Tam and Theory and leading Japanese clothing group - plans to more than triple the number of its Uniqlo stores in Asia (excluding Japan) in less than two years.

Uniqlo boutique - Setagaya Chitosedai

With the inauguration of its first Uniqlo boutiaue in Singapore, the PDG of the group – Tadashi Yanai (27% shareholder) – indicated on Monday 6 April that the brand’s presence could exceed two hundred points of sale in Asia, over three times the current level of sixty.

The expansion will take place by opening both standalone boutiques and others in joint-venture with local partners in: Hong Kong, China and other countries across Southeast Asia.

Uniqlo is the flagship brand of the group, specialising in comfortable, good value and simple design. It contributed up to around 85% of the group’s turnover (total: 586.4 billion yen).

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