Home / Knowledge / News / Apparel/Garments / Uniqlo to go ahead with its expansion plans in China
Uniqlo to go ahead with its expansion plans in China
28
Sep '12
Negating the reports that they are holding back the expansion of Uniqlo casual apparel outlets following last week’s anti-Japan protests in China, the Chairman and President of Japanese retailing giant Fast Retailing Co., Mr. Tadashi Yanai, has said that their plan is very much intact and there are no changes in it.
 
In a briefing on company’s sales and development strategy for Uniqlo brand for the forthcoming winter season, he said they plan to launch 80 new Uniqlo outlets in China during the current business year that started on September 1, 2012. 
 
Once this is achieved, the company plans to add 100 new outlets each year, next year onwards, he added.
 
Till now, the company has not suffered any loss or damage on account of the anti-Japan demonstrations, during which protesters sometimes target Japanese firms operating in China.
 
In mid-September, Fast Retailing shut almost 60 of its Uniqlo outlets in China to avoid any problems.
 
The protest has been stirred by a diplomatic row between China and Japan over a group of islands in the East China Sea.
 
By end of the last business year, the number of Uniqlo outlets in China reached 145, which shows an addition of 65 outlets during the year.
 

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 28th Feb 2017

China's textile & apparel exports up 10.2% in Jan 2017

Exports of textiles and garments from China resumed growth in the...

Apparel/Garments | On 28th Feb 2017

Delta Galil's Q4 operating profit jumps 80%

In the three months to December 31, 2016, operating profit at apparel ...

View of YiwuTex 2016; Courtesy: YiwuTex

Textiles | On 28th Feb 2017

Smart knitting system to grace 18th YiwuTex 2017

The thematic functional knitting machinery zone at the 18th YiwuTex...

Interviews View All

Priyanka
Studio Priyanka Rajiv

‘To reinvent the age-old tradition of embroidery to suit demographics and...

Abhishek Ganguly
Puma India

‘As a brand, Puma is always looking for new and innovative ways to inspire ...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Marcel Alberts
Eurofibers

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

Silke Brand-Kirsch
Schlegel und Partner

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

Kai Poehler
Voith Paper GmbH & Co. KG

The glass mat industry is growing by five to eight per cent annually. Kai...

Madhu Jain
Madhu Jain

She grew up in the walled city of Old Delhi, completed her studies, and...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer Prathyusha Garimella is known for blending...

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
February 2017

February 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