Uniqlo Tweaks “Made for All” to Give U.S. Shoppers a 3-D Fit

Uniqlo flagship in Tokyo's Ginza district | Source: Fast Retailing

TOKYO, Japan — Fast Retailing Co's casual clothing brand Uniqlo is rethinking its "Made for All" strategy, looking to offer lower priced lines in smaller Asian cities and more generous sizes to fit the U.S. market, a top executive said on Tuesday.

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Uniqlo’s Main Road is Overseas

Uniqlo Spring/Summer 2013 Campaign | Source: Uniqlo

Uniqlo has reached saturation in Japan and is now focusing almost all of its investment overseas, where it plans to open more than 400 stores in the next few years, with the aim to drive ¥3 trillion in international sales by the end of 2020. To reach this target it may also need to make a major overseas acquisition. JapanConsuming reports.

 

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Fast Retailing to List Hong Kong Receipts; Won’t Sell New Shares

Uniqlo flagship in Tokyo's Ginza district | Source: Fast Retailing

Uniqlo owner Fast Retailing Co., the Japanese clothing company on an overseas expansion drive, plans to list depositary receipts in Hong Kong. Fast Retailing doesn’t plan to sell new shares or raise funds through the listing, it said in a statement to the Tokyo Stock Exchange today. The receipts will trade on Hong Kong’s stock exchange on March 5, it said.

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Fast Retailing Profit Beats Estimates as Per-Customer Sales Rise

Uniqlo flagship in Tokyo's Ginza district | Source: Fast Retailing

TOKYO, Japan — Fast Retailing Co. profit rose 8.8 percent in the fiscal first quarter, beating analyst estimates, as the Japanese casual clothing chain that doubled in market value last year boosted sales per-customer.

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Bargain Cashmere Tests Thrifty Japan’s Taste for Little Luxuries

Uniqlo Fall 2013 Campaign Starring Chloe Sevigny | Source: Uniqlo

TOKYO, Japan — Cashmere sweaters at Uniqlo. Gourmet coffee and ice cream at 7-Eleven. These incongruously premium offerings by two of Japan's biggest retailers are part of a strategy to lift profit margins by enticing thrifty shoppers to splurge on little luxuries.

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Fast Retailing Joins Inditex, H&M’s Bangladesh Safety Accord

Uniqlo store at The Village, Beijing | Source: Shutterstock

TOKYO, Japan— Fast Retailing Co., Asia’s largest clothing retailer, joined Inditex SA and Hennes & Mauritz AB in signing an accord to improve factory safety in Bangladesh after an April garment complex collapse killed more than 1,000 people.

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Thrift Trumps Abenomics as Japan Shoppers Stick to Bargains

Market at Nissan Stadium Yokohama Japan | Source: Shutterstock

TOKYO, Japan — Japanese apparel firm Fast Retailing Co Ltd has a problem: sales are surging, full-year net profits are expected to rise nearly 28 percent but the customers thronging the stores of its popular Uniqlo brand are far too frugal for its liking.

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The China Edit | Whistles to Launch with Lane Crawford, Fast Retailing, Chinese Tourists Embrace Lower-Cost Luxury, Chanel Ousts Vuitton

Whistles Autumn/Winter 2013 | Source: Whistles

The China Edit is a weekly curation of the most important fashion business news and analysis from and about the world’s largest luxury market.

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