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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]
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 ...
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 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.
When President Trump pushed ahead with a 10% tariff on all Chinese merchandise, he also closed the century-old de minimis exemption, which allows packages worth under $800 to be shipped into the ...
Zhengdong New Area, Zhengzhou, China: Address: 15 Nongye E. Road, Opening date: 16 March 2017 [1] Developer: Wangfujing Group Taubman Centers (Simon Property Group) Owner: Simon Property Group: Total retail floor area: Approximately 94,000 square metres (1,010,000 sq ft) [2] No. of floors: 6 [2] Parking: 1700 parking spaces [2] Website ...
TOKYO (Reuters) -Japan's Fast Retailing Co, owner of clothing brand Uniqlo, reported record full-year profit on Thursday, boosted by a decline in the yen and overcoming lingering weakness in the ...
The company was founded as Men's Shop Ogori Shoji in 1949, and formally incorporated as Ogōri Shōji Co., Ltd. in 1963 by Hitoshi Yanai. [4]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.