Home / Knowledge / News / Apparel/Garments / Japanese retailer Muji to expand European footprint
Japanese retailer Muji to expand European footprint
16
Apr '12
Muji, one of the biggest Japanese homeware and garment retailer plans to raise its European retail footprint following a surge in pre-tax profits in fiscal year ending January 28, 2012.

Muji which has 12 stores in UK now plans to increase the number of stores in countries where it is already present like Sweden and France and also open new stores in European countries where it does not have a presence.

The European retail business reported revenues of £61.18 million, up a marginal 4 percent. However its pre-tax profits surged 16 percent year on year to £3.86 million, in fiscal year ending January 28, 2012.

It hopes to open the new stores, either through franchisees or directly owned.

Fibre2fashion News Desk - India

Must ReadView All

Apparel/Garments | On 23rd May 2017

Gap Inc earns $3.4 bn in net sales in Q1 FY17

Gap Inc's net sales for the first quarter of fiscal year 2017 were...

Textiles | On 23rd May 2017

Grasim's VSF business net revenue up 12% in Q4 FY17

The viscose staple fibre (VSF) business of Grasim Industries has...

Apparel/Garments | On 23rd May 2017

Apparel, footwear use may rise by 63% in 2030: Report

The apparel and footwear consumption is projected to rise by 63 per...

Interviews View All

Smith Vaghasia
Sanado India

Online remains the best destination for shopping

Saket Garg
Garg Corporation

The biggest challenge is lack of skilled workforce and competition from...

Marazban F Velati
Sutlej Textiles & Industries limited

No training can be effective till the candidate believes in it.

Suresh Patel
Sidwin Fabric

Sidwin Fabric is a manufacturer and exporter of polypropylene textiles and ...

Steve Cole
Xerium Technologies

Steve Cole of Xerium Technologies discusses the industry. Xerium is the...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Wendell Rodricks
Wendell Rodricks

"We should not compare India and the West. There are things we do that...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

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

news category


Related Categories:
May 2017

May 2017

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

SUBSCRIBE


Browse Our Archives

GO


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