And we will be able to provide our customers with even better clothes to enrich their lives. Under this mid- and long-term business relationship, Toray is expected to supply UNIQLO with materials and products in excess of ¥200bln over the 5-year period through 2010. There are very few deals on this scale in the global textile industry.
2. Developing a new breakthrough material UNIQLO and Toray will combine forces on R&D, production, sales and marketing to better grasp market needs. We will look to develop a new, groundbreaking material that the market has never even seen before.
This will lead to the creation of completely new and inspired products, and will generate fresh customer demand. Following the initial agreement, UNIQLO and Toray set up a project team back in March called the Next Generation Material Development Project. We have already picked out themes covering 73 areas and are now working on material development.
The development is based on the five aspirations, “Healthy beauty”, “Super natural”, “Ecology”, “Function & comfort”, “Innovation”. And we ensure that staff working in material development can interact actively.
Toray is a leading Japanese company which produces fibers and textiles. Toray's foundation businesses - Fibers and Textiles, and Plastics and Chemicals - originated in these technologies. Our operations also diversify into such business fields as Information and Telecommunications Related (IT-Related) Products, Housing and Engineering, Pharmaceuticals and Medical Products, and Advanced Composite Materials.
UNIQLO is Japan's leading retailer of casual clothing. Since the opening of a single shop in Hiroshima in 1984 we have grown to over 630 stores across Japan.
20240830145952.gif)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
