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

Courtesy: SP Apparel

Apparel/Garments | On 28th Jul 2016

S P Apparels seeks to mop up Rs 215 cr through IPO

Tirupur-based S P Apparels Ltd, manufacturers and exporters of...

Textiles | On 28th Jul 2016

'India imposed anti-dumping duty on PTA from 5 countries'

Protecting the interests of domestic manufacturers, India has imposed ...

Courtesy: Nobitech

Apparel/Garments | On 28th Jul 2016

Nobitech’s athletic apparel designed to repel mosquitoes

Apparel brand Nobitech has been launched with its first athletic...

Interviews View All

Jurgen Gauger
Spreadshirt

‘Buying crowdsourced or creative designs are much more appealing to the...

Amardeep Singh
Orient Craft

'In export markets, the trend in terms of embroidery, is towards matte...

Amit Jain
Shingora Textiles Ltd

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

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Kerem Durdag
Biovation II LLC

Kerem Durdag, CEO, Biovation II LLC, provides an insight into future...

Larry L Kinn
Suominen Corporation

Larry L Kinn, Senior Vice President - Operations Americas of Suominen...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Wendell Rodricks
Wendell Rodricks

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

Bani Batra

Bani Batra’s couture wedding collection is inspired by traditional Indian...

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
june 2016

F2F Magazine

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

SUBSCRIBE


Browse Our Archives

GO


Advanced Search