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China is one of the biggest markets for Uniqlo, where the brand aims to expand its business. Greater China, including Taiwan and Hong Kong, accounts for more than 20 per cent of the company's revenue.
Uniqlo, a Japanese-owned brand, was founded in 1974 by Tadashi Yanai. [15] It is known for modern, casual apparel and essential, multi-functional garments. [16] Despite China's anti-Japanese sentiment, Uniqlo secured 1.4% of China's $350 billion apparel market in 2021, which was larger than any other brand that year. [17]
Uniqlo in Sanlitun, Beijing, China. Uniqlo entered the Chinese mainland in 2002. As of November 2024, there are 928 stores in China. [22] " I think we can go for about 3,000 stores," Fast Retailing chief Tadashi Yanai told The Nikkei in 2020.
The operator of the Uniqlo global clothing chain reported first quarter results on Thursday that trailed analyst forecasts as a sharp decline in profit in China overshadowed strong sales in its ...
Japan's Fast Retailing <9983.T> said only 30 of its 750 Uniqlo stores in China were still closed, meaning most of its shops outside Hubei province, the epicenter of the coronavirus outbreak, had ...
CityOn Zhengzhou Shopping Center (Chinese: 熙地港（郑州）购物中心) is a shopping mall on Nongye E. Road in Zhengdong New Area, Zhengzhou, China. It was opened on 16 March 2017. It was opened on 16 March 2017.
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Fast Retailing, the Japanese owner of Uniqlo, is warning of large drops in profit and revenue from China, even as sales in other markets grow.
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