UNIQLO Aims To Become The World'S Largest Apparel Retailer.

As Japan Sales volume The highest clothing retailer. Uniqlo Most of the new store opening plans are located. Vigorous development In the Asian market, it plans to open 100 new stores in China every year, 100 new stores in South Asia every year, 50 new stores in South Korea every year, and 30 new stores in Taiwan, China every year.

It is reported that, as an operator of Uniqlo's casual wear chain store, Fast Retailing Co. announced a large-scale expansion plan for UNIQLO on Wednesday (September 14th). Its goal is to become the world's largest garment. Retailer 。

Fast Retailing said it plans to open 200 to 300 new UNIQLO clothing chains outside Japan every year to catch up with competitors such as Gap Inc. and Zara. At the launch of the latest strategy press conference, Tadashi Yanai, chief executive of Fast Retailing, said that if possible, they would achieve the goal of opening new stores within one year or two years, and achieve this goal in three years at the latest.

As the highest sales clothing retailer in Japan, most of the new stores launched by UNIQLO are located in the booming Asian market, including 100 new stores in China every year, 100 new stores in South Asia every year, 50 new stores in Korea every year, and 30 new stores in Taiwan, China every year. UNIQLO also plans to open 20 new stores a year in the US and Europe. Ryui Masa said they hope to become the number one clothing retailer in Asia and eventually become the number one place in the world.

Fast Retailing opened 840 UNIQLO chain stores in Japan and opened 180 UNIQLO stores outside Japan. Chain store And regard overseas areas as a key factor for its growth. Despite the economic stagnation and the shrinking population of Japan, although other Japanese retailers have the same ideal as fast retailing companies, their expansion rate is not as fast as that of UNIQLO.

Ryui Masa said that the number of middle-income consumers in China and India and other Asian countries will increase by 1 billion to 2 billion in the next 10 years, prompting fast marketing companies to take measures to seize this golden trend. Fast marketing companies also consider setting up UNIQLO clothing chains in India, Australia, New Zealand and South America.

The fast retailing company said it plans to achieve its sales target of 1 trillion and 700 billion yen (US $22 billion) in the fiscal year ending August 2015, further moving towards its long-term goal - the annual sales income of 5 trillion yen (US $65 billion) in the fiscal year ending August 2020. The company's sales revenue in the current fiscal year is estimated at 1 trillion yen (US $13 billion).

But in terms of store size, the company still has some distance from the world's largest retailer. As the operator of Zara casual wear chain store, Spain Inditex has more than 5000 stores in 78 countries, while the US Gap company also has 3200 stores worldwide.

Ryui Masa said last week that in the fiscal year ending August 2012, Fast Retailing plans to open at least 100 UNIQLO clothing chains outside Asia.