Comptoir des Cotonniers Archives - Inside Retail Asia

Fast Retailing rolling out GU shops overseas

Fast Retailing intends to have 1000 GU shops overseas in 10 years, up from about 10 foreign stores now.

Fast Retailing rolling out GU shops overseas

Fast Retailing intends to have 1000 GU shops overseas in 10 years, up from about 10 foreign stores now.

Uniqlo US remodelling global flagship

Uniqlo US is remodelling its first global flagship store, in New York, with a fresh theme, “A New Tokyo in Soho”.

Uniqlo struggles with currency, weather

Uniqlo, Asia’s largest apparel retailer, has delivered a disappointing set of results for the quarter to November 30.

Fast Retailing plans Hong Kong listing

Uniqlo parent Fast Retailing is on track for its secondary listing in Hong Kong. The Japanese apparel retailer has signed Morgan Stanley to lead its IPO in Hong Kong in the first quarter of next year. Fast Retailing is already listed in Tokyo and competes with global retailers like H&M of Sweden, Inditex of Spain and Gap of the US. Should the IPO become successful, Fast Retailing will be the third Japanese company to list in Hong Kong after conglomerate SBI Holdings and pachinko ope…

Fast Retailing marks record sales

Uniqlo parent Fast Retailing said sales topped 1 trillion yen ($10.2 billion) for the first time and operating income hit a new record high in the year to August. The Japanese apparel retailer reported a net income rise of 26 per cent to 90.4 billion yen ($918 million) during the 12 months. The company said net sales of Uniqlo Japan expanded 10.2 per cent to 683.3 billion yen ($6.9 billion), supported by a 7.3 per cent increase in same-store sales. However, a fall in the gross profit margi…

World’s largest Uniqlo opens in Shanghai

Japanese apparel brand Uniqlo has opened its largest store in the world – in Shanghai. The new flagship has a retail space of 8000 sqm, significantly larger than its previous largest store in Tokyo’s Ginza district, at 5000 sqm. “We have wanted to open a new Uniqlo global flagship store, and in fact our largest flagship store worldwide, in Shanghai for quite some time and we are very happy to have been able to realise our dream,” said Fast Retailing China CEO Pan Ning. “Our aim is to co…