Home / Knowledge / News / Apparel/Garments / Mitsui Fudosan to expand Fast Retailing operations
Mitsui Fudosan to expand Fast Retailing operations
01
Sep '11
Fast Retailing Co., Ltd. (Chairman, President and CEO Tadashi Yanai) and Mitsui Fudosan Co., Ltd. (President and CEO Masanobu Komoda) have signed an agreement to form a business alliance to expand their operations in East Asia.

The agreement builds on the strong partnership that the two companies have formed over many years, which has led to the placement of UNIQLO stores in LaLaport locations and other Mitsui Fudosan development projects. With both companies planning to aggressively expand their respective business operations in East Asia, their partnership agreement is expected to further strengthen their ties with each other and produce synergies that will quickly drive the expansion of both companies' operations in East Asia.

Purpose of the agreement

The two companies signed the agreement with the following aims in mind:

• Fast Retailing hopes to accelerate the opening of its flagship UNIQLO brand stores across East Asia.
• Mitsui Fudosan hopes to accelerate the expansion of its retail property business in East Asia.

Main items of the agreement

The main items of the agreement are as follows:

• Mitsui Fudosan will share information with Fast Retailing about its development projects (urban, suburban and multi-purpose developments) in advance. The companies also plan to discuss the possibility of opening UNIQLO stores and to standardize store formats when Fast Retailing decides to open UNIQLO stores in Mitsui Fudosan developments.
• The two parties plan to share development plans for commercial complexes in East Asia, as well as information about real estate properties and other matters.

Fast Retailing Co., Ltd


Must ReadView All

Pakistan govt notifies 50% duty drawback on exports

Textiles | On 21st Oct 2017

Pakistan govt notifies 50% duty drawback on exports

The Pakistan government has notified the ‘Duty Drawback of Taxes...

Ghana sets up task force to clamp down on textile piracy

Textiles | On 21st Oct 2017

Ghana sets up task force to clamp down on textile piracy

Ghana’s ministry of trade and industry has set up a taskforce to...

Courtesy: Coach

Fashion | On 21st Oct 2017

US company Coach to change name to Tapestry from Oct 31

Coach Inc., a New York-based house of modern luxury accessories and...

Interviews View All

Smarth Bansal
Colorjet India Limited

We would like to venture more companies into the Indian market

Vasanth Kumar
Max Fashion India

‘Traditional high-street retailers are now willing to offer franchisees to ...

Shawn Honeycutt
Bolger & O'Hearn

‘The Indian market is interesting and rather persistent in seeking new...

Hardik Sanghvi

Idealin Fogging Systems has been engaged in designing and manufacturing...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Ravindra Jain, Ashish Baid

Oswal Prints Private Limited has been manufacturing and exporting ethnic...

Silke Brand-Kirsch
Schlegel und Partner

Silke Brand-Kirsch, executive partner of Schlegel und Partner, a leading...

Marcel Alberts
Eurofibers

Coating at a fibre level is a practice not usually seen in the...

Eric Scholler
Groz-Beckert

The Indian market has huge potential in technical textiles, and by far,...

Sidharth Sinha
Sidharth Sinha

<b>Sidharth Sinha</b> has contributed to the successful rebirth and...

Igor Chapurin
Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Tony Ward
Tony Ward

"You have to truly understand what your client wants, know her needs, what ...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

October 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
77.1%
No
12.9%
Skip
10.0%

Total Votes: 70

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
61.4%
No
28.6%
Skip
10.0%

Total Votes: 70

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
85.7%
No
10.0%
Skip
4.3%

Total Votes: 70

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
75.7%
No
11.4%
Skip
12.9%

Total Votes: 70


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search