GU Archives - Inside Retail Asia
Japanese retailers GU and Muji are being boycotted by South Korean consumers as diplomatic crisis widens.
Japanese casualwear retailer GU will open a “next-generation” Style Studio in Harajuku this month.
Fast Retailing has revealed its first GU Korea store will open in Seoul later this year.
Uniqlo Asia sales proved the star of the Fast Retailing business in the latest quarter.
Fast Retailing Group brand Gu plans to launch in South Korea this year with a store in Lotte World Mall in Seoul.
Fast Retailing Group’s profit soared 30.5 per cent in the six months to the end of February – on sales up a healthy 16.6 per cent.
Fast Retailing’s GU brand has introduced an online shopping experience at a new on-ground store in Yokohama.
Fast Retailing profits soared 80 per cent during its second quarter.
Fast Retailing intends to have 1000 GU shops overseas in 10 years, up from about 10 foreign stores now.
Uniqlo US is remodelling its first global flagship store, in New York, with a fresh theme, “A New Tokyo in Soho”.
Revenue rose but profit fell for Uniqlo parent The Fast Retailing Group for the first nine months of its latest fiscal year.
Uniqlo profit has plummeted in the Japanese fast fashion chain’s first half year.