Home / Knowledge / News / Apparel/Garments / Uniqlo seeks to multiply global store count
Uniqlo seeks to multiply global store count
Dec '09
Uniqlo, a Japanese clothing retailer aims to triple the number of its stores, across the world. It intends to open 1,500 more stores in next five years. One third of these stores will be in China and rest will be set up across Southeast Asia.

In spite of the economic downturn, a number of shoppers rushed into Singapore's first Uniqlo outlet, earlier this year. This resulted into surprising demand surge with an increase in sales figures in Singapore.

Due to the unexpected success of the sales of first store opened eight months ago, the company received many offers, said Mr. Naoki Otoma, Chief Operating Officer, Fast Retailing Group. Penetrating new markets and acquiring market shares in places such as Indonesia, Malaysia and Thailand, are the priority issues of the company.

Presently, Uniqlo has self-owned stores in China and Hong Kong and joint ventures in South Korea and Singapore. This year, the company has set up its third outlet in Singapore. The Shop set up in an area of 17,000 sq. feet will display products from its designer collaborations, like Jil Sander.

The company is looking to set up at least five more outlets in Singapore in next two years, and to generate US $10 million per year from its Singapore outlets. Besides, it intends distinguish itself from its competitors by highlighting its Japanese links.

Being a Japanese brand, the retailer group tries to incorporate Japanese elements into its product manufacturing, for instance, it includes Japanese technology in raw material, textiles, said Mr. Otoma.

There are over 800 stores of Uniqlo across the world whose parent company, Fast Retailing Group is among the largest specialty apparel retailers in the world, which aspires to become the biggest clothing manufacturer and retailer of the world with yearly business of $57 billion within next ten years.

Fibre2fashion News Desk - India

Must ReadView All

Textiles | On 29th Apr 2017

Textile sector may have uniform GST rate: Irani

The textile sector could have a uniform Goods and Services Tax (GST)...

Textiles | On 29th Apr 2017

EU rules needed to curb textile worker exploitation: MEPs

European Union (EU) rules are needed to oblige textile and clothing...

Apparel/Garments | On 29th Apr 2017

US retail operating growth to be 1.5-2.5% in 2017: Moody's

The forecast for operating income growth in the US over the next 12...

Interviews View All

Frank Gossmann
Rotorcraft AG

‘RT3 motto is: Do not check millimetres, check colours.’

Kaizad Hansotia

Competition is the best thing that can happen to a startup

Nitin Soni
Dolphin Jingwei Machines

Taxation policies need to be made simpler

Marcel Alberts

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

Paolo Ocleppo
Sandvik Hyperion

Paolo Ocleppo, Rotary Cutting Segment manager, Sandvik Hyperion discusses...

Kai Poehler
Voith Paper GmbH & Co. KG

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

Ritu Kumar
Label Ritu Kumar

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

Igor Chapurin

"Now we can see the Russian trend in international fashion. And Russian...

Jay Ramrakhiani
Occasions Elegance Wear

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

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


news category

Related Categories:
April 2017

April 2017

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


Browse Our Archives


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search