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Uniqlo set to enter Canadian market by 2016
10
Feb '15
Uniqlo, a Japanese casual wear designer, manufacturer, and retailer owned by Fast Retailing, is set to enter the Canadian market, by opening two stores in Toronto in 2016, marking the brand’s first entry into the country and its 18th market overall.

The stores will be located at Yorkdale Shopping Centre, one of the highest performing shopping centers in North America and Toronto Eaton Centre, a historic landmark and one of Canada’s best-known shopping destinations. These flagship level stores at 24,000 square feet and 28,000 square feet respectively, will offer the brand’s full range of men’s, women’s, and children’s items, the company said in a press release.

Larry Meyer, CEO of Uniqlo in US and Canada said, “Entering the Canadian market is a milestone for the company and a significant step in our growth strategy. Our first two stores in the great City of Toronto will mark the launch of the Uniqlo brand in Canada, which we aim to build upon thereafter with a presence in Vancouver.” (GK)

Fibre2fashion News Desk - India

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