Home / Knowledge / News / Apparel/Garments / Fast Retailing opens subsidiary to manage store expansion
Fast Retailing opens subsidiary to manage store expansion
Sep '09
FAST RETAILING CO., LTD. has decided to establish a subsidiary company in China, the details of which are set out below:

1.Purpose of establishing subsidiary company
The expansion of our store network in China is an important business issue at FAST RETAILING.We are currently aggressively opening new stores in that nation and have now decided to open a global flagship store in Shanghai, China. Given these developments, we have decided to establish a new subsidiary company as administrator of the Chinese store network.

2.Outline of established subsidiary(All the following details are tentative at this stage)
(1) Business name: FAST RETAILING (China) Co., Ltd.
(2) Location: Jingan district, Shanghai city, China
(3) Business representative: Naoki Otoma (as the head of FAST RETAILING (China) Trade Co., Ltd.)
(4) Establishment schedule: December 2009
(5) Type of operation: The opening and management of UNIQLO stores in China
(6) Paid-in capital: 30 million US dollars

3.Impact on FR business performance
We estimate the impact of the establishment of this subsidiary on FR parent-only business performance for the year through August 2010 will be minimal.


Must ReadView All

Textiles | On 7th Dec 2016

‘Price-competitiveness is crucial for China yarn market’

Kikani Exports, India based yarn supplier with 12 years of experience ...

Apparel/Garments | On 7th Dec 2016

Bangladesh RMG exports up 6.39% in July-Nov 2016

Readymade garment (RMG) exports from Bangladesh increased by 6.39 per ...

Courtesy: Fabindia

Apparel/Garments | On 7th Dec 2016

Infosys cofounder Nilekani invests in Fabindia

Through their family office Entrust, Infosys cofounder Nandan...

Interviews View All

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Rashi Menda

Every fifth sale we make on Zapyle is a repeat purchase

Smita Murarka

‘There is huge demand in the Indian lingerie market for non-wired styles.’

Marten Alkhagen
Swerea IVF AB

Marten Alkhagen, Senior Scientist - Nonwoven and Technical Textiles of...

Kerem Durdag
Biovation II LLC

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

Marcel Alberts

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

Pranav Mishra

Designers Pranav Mishra and Shyma Shetty’s Huemn is known for its...

Yash P. Kotak
Bombay Hemp Company

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

Judy Frater
Somaiya Kala Vidya

Among the many honours showered on Frater, including Fulbright and Ford...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


Letter To Editor

(Max. 8000 char.)

Search Companies

December 2016

December 2016

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


Browse Our Archives


Advanced Search