Home / Knowledge / News / Apparel/Garments / UNIQLO to reduce sourcing from China
UNIQLO to reduce sourcing from China
26
Feb '10
Japan's Fast Retailing Corporation has announced that one-third of clothing production of UNIQLO brand will be produced outside of China in the future, in order to reduce production costs and dependence on China.

The 2009 fiscal year report released by Fast Retailing discloses that 70 factories in China and other Asian countries produce clothing for UNIQLO, of which 80 percent of the products come from China.

After UNIQLO established production management offices in Shanghai and Shenzhen in 1999, the number of factories producing clothing for UNIQLO gradually increased in China.

While UNIQLO transfers more and more production bases to areas outside China, it has already changed China's position from manufacturing base into a core sales market.

As of August 2009, UNIQLO achieved sales of 37.7 billion yen from overseas markets outside Japan, an increase of 28.8 percent year on year, its operating income realized 1.6 billion yen, an increase of 350.0 percent year on year, and its growth rate in overseas markets, was much higher than UNIQLO's performance in Japan.

In 2009 fiscal year, UNIQLO had 92 stores in overseas markets, including 33 stores in China, among them 20 stores were newly opened stores, the total number of stores and newly opened stores in China's market ranked first among UNIQLO's overseas markets, South Korea ranked the second place.

Fibre2fashion News Desk

Must ReadView All

Textiles | On 25th Mar 2017

GST to positively impact retail value chain: CBRE

The implementation of the Goods and Services Tax (GST) bill in India...

Textiles | On 25th Mar 2017

MEGlobal to build first ever US MEG plant

Monoethylene glycol (MEG) producer MEGlobal plans to construct a new...

Courtesy: Ulster Carpet

Textiles | On 25th Mar 2017

Ulster Carpets acquires Griffith Textile Machines

Northern Ireland based manufacturer of carpets, Ulster Carpets said...

Interviews View All

Abhishek Ganguly
Puma India

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

Cyril Pereira
Reed Exhibitions India, organiser of Asian Machine Tool Exhibition 2016

'Major problem in the textile machinery manufacturing industry is the lack ...

Dinaz Madhukar
DLF Emporio and DLF Promenade

‘Each event and promotion is planned out keeping in mind the business of...

Kerem Durdag
Biovation II LLC

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

Ashok Desai
Bombay Textile Research Association

Bombay Textile Research Association (BTRA) is a leading name in textile...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Bani Batra

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

Pranav Mishra
Huemn

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

Prathyusha Garimella
Prathyusha Garimella

Hyderabad-based designer <b>Prathyusha Garimella</b> 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
March 2017

March 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