Home / Knowledge / News / Apparel/Garments / Fast Retailing to open first UNIQLO store in Australia
Fast Retailing to open first UNIQLO store in Australia
19
Sep '12
Fast Retailing Co., Ltd. announces that it has decided to establish a subsidiary company in Australia, the details of which are as follows.

1. Objective of the new subsidiary:

The subsidiary, fully-owned by Fast Retailing Co., Ltd., will be tasked with creating and developing UNIQLO operations in Australia.

2. Tentative outline for the Australian subsidiary:

- Business Name           : UNIQLO AUSTRALIA PTY LTD
- Location                         : Melbourne, Australia
- Representatives           : Mr. Shoichi Miyasaka
- To be established        : December 2012
- Operations                     : The opening and managing of UNIQLO stores in Australia
- Paid-in capital               : 1 Australian dollar

3. Initial timeframe for commencing UNIQLO operations in Australia:

Following the successful establishment of the new subsidiary, the company aims to open the first UNIQLO store in Australia by the end of August 2014.

4. Impact of subsidiary establishment on group performance:

The impact of establishing the Australian subsidiary on Fast Retailing's consolidated and non-consolidated performance for the year ending August 2013 is expected to be minimal.

Uniqlo is a Japanese clothing retailer founded in 1984. They specialise in (whatever they claim their business objective is) and offer products such as 'down jackets' and fine merino knitwear.

Fast Retailing Co. Ltd.

Must ReadView All

Textiles | On 20th Jan 2017

TEA expects budget to upscale textile skill industry

The Tiruppur Exporters’ Association (TEA) has requested the Central...

Textiles | On 20th Jan 2017

Bangladesh could earn $60 billion in exports by 2021

Bangladesh is expected to earn over $60 billion in exports by the...

Courtesy: PIB

Textiles | On 20th Jan 2017

Govt to help Tangaliya weavers purchase looms: Irani

Government of India will facilitate Tangaliya weavers in purchase of...

Interviews View All

Evelyne Cholet
UCMTF

‘France had a reputation of being big in new ideas, but poor in marketing...

Amit Jain
Shingora Textiles Ltd

‘In terms of fabric, the fastest growing category for us is a blend of...

Vidhyaa Shankar. S
A Ganapathi Chettiar

'The usage of knits is getting into the boundaries of woven fabrics'

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Mohammad Hassan
Biax Fiberfilm

About one in every 20 patients picks up an infection while hospitalised....

Lynda Kelly
Suominen Corporation

Suominen Corporation is a manufacturer of nonwovens as roll goods for...

Rupa Sood and Sharan Apparao
Nayaab

Nayaab, an exhibition meant to celebrate Indian weaves, is in its second...

Jay Ramrakhiani
Occasions Elegance Wear

It is believed that by early 19th century, Varanasi weavers had moved away ...

Ritu Kumar
Label Ritu Kumar

‘Classics will return’ "There are a lot of people wearing western clothes ...

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
January 2017

January 2017

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

SUBSCRIBE


Browse Our Archives

GO


eNEWS
Insights
Subscribe today and get the latest News update in your mail box.
Advanced Search