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Uniqlo's first store in the Philippines opened at SM Mall of Asia on 15 June 2012. [43] Uniqlo opened its flagship store in the country, which opened on 5 October 2018, at Glorietta 5 in Makati. The store is the biggest in Southeast Asia. [44] As of November 2024, there are 77 stores in the Philippines. [23]
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In 1984, the company, which ran a menswear store in Ube, Yamaguchi, opened a new casual-wear store named Unique Clothing Warehouse in Hiroshima City; this was the forebear of Uniqlo. [5] In September 1991, Ogori Shoji changed its name to Fast Retailing Co., Ltd., and was listed on the Hiroshima Stock Exchange in July 1994. [5]
It is fully owned by the company Fast Retailing, which is better known as the owner of the retail chain Uniqlo. The name is a pun of the word jiyū (自由), meaning "liberty, freedom" (from high cost clothing). Its signature product is a pair of jeans, which costs 990 yen. As of November 2023 there are 472 locations. [2]
Yanai opened his first Uniqlo store in Hiroshima in 1984, [6] and changed the name of his father's company Ogori Shoji to Fast Retailing in 1991. [8] He has stated: "I might look successful but I've made many mistakes. People take their failures too seriously. You have to be positive and believe you will find success next time." [9]
In 2016, Theory pursued a collaboration with fellow fast-retailing brand Uniqlo touted under the slogan "Japanese engineering, New York Style." The collection was a capsule men's wardrobe featuring 4 different styles of shirts in 4 colors each and received widespread positive feedback for providing the same minimalist philosophy at a ...
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