Uniqlo’s GU expands to Taiwan

Uniqlo sister brand GU is to expand into Taiwan, opening two stores in Taipei this fall.

Taiwan will be GU’s second overseas market having opened in Shanghai, China, last year.

GU CEO Osamu Yunoki says while the Japanese market remains “important”, the overseas market presents “great opportunities”.

Yunoki says Taipei offers a strong potential market for GU due to its residents’ good fashion sense and generous spending.

The brand’s Taiwan expansion is also part of Fast Retailing’s goal to become the world’s largest apparel retailer by 2020.

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