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News Flash
Fast Retailing's profit fall in third quarter
19 Jul '11
5 min read
In terms of new store openings, our first global flagship store in Japan, the UNIQLO Shinsaibashi Store opened in October 2010, proved extremely successful and spurred us on to open more large-scale stores in Tokyo, Osaka and other major Japanese cities.
We have also opened more new stores within prime department store locations including the UNIQLO Daimaru Umeda Store in March and the UNIQLO Tachikawa Takashimaya Store in April. By the end of May 2011, our total store network, including 21 franchises stores, had expanded to 842 stores, and 128 of that total were large-scale stores. In the nine months to May 2011, we opened 56 new stores, and closed 23 stores as part of our drive to make our stores larger. We also transferred one store to a franchise format.
On new product development, we continue to strengthen the product development framework that we have with materials' manufacturers to ensure we respond sensitively to latent customer needs.
We are expanding our reach and attracting new demand through incremental improvements to our highly functional ranges such as HEATTECH and Ultra Light Down items for the fall/winter season, and Sarafine, Silky Dry, Bra Tops and Style Up innerwear for the spring/summer season. These ranges are selling even better in fiscal 2011 than in fiscal 2010, with sales of HEATETCH garments in Japan and overseas totaling 70 million units and sales of summer functional innerwear (Sarafine, Silky Dry and Style Up ranges) reaching 36 million units.
Click here to read more details:
We have also opened more new stores within prime department store locations including the UNIQLO Daimaru Umeda Store in March and the UNIQLO Tachikawa Takashimaya Store in April. By the end of May 2011, our total store network, including 21 franchises stores, had expanded to 842 stores, and 128 of that total were large-scale stores. In the nine months to May 2011, we opened 56 new stores, and closed 23 stores as part of our drive to make our stores larger. We also transferred one store to a franchise format.
On new product development, we continue to strengthen the product development framework that we have with materials' manufacturers to ensure we respond sensitively to latent customer needs.
We are expanding our reach and attracting new demand through incremental improvements to our highly functional ranges such as HEATTECH and Ultra Light Down items for the fall/winter season, and Sarafine, Silky Dry, Bra Tops and Style Up innerwear for the spring/summer season. These ranges are selling even better in fiscal 2011 than in fiscal 2010, with sales of HEATETCH garments in Japan and overseas totaling 70 million units and sales of summer functional innerwear (Sarafine, Silky Dry and Style Up ranges) reaching 36 million units.
Click here to read more details:
Fast Retailing Co Ltd
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