Uniqlo makes biggest Southeast Asia bet | Bangkok Post: business - News Summed Up

Uniqlo makes biggest Southeast Asia bet | Bangkok Post: business


Clothes are displayed at the new Uniqlo flagship store, operated by Fast Retailing Co, in the Orchard Central shopping mall in Singapore, on Thursday. (Bloomberg photo)Casual clothing chain Uniqlo is taking its biggest chance in Southeast Asia. The unit of Fast Retailing Co is opening a store on Singapore’s iconic Orchard Road that will have 2,700 square metres of shopping space on three floors. “Southeast Asia expansion will help Yanai achieve his 5 trillion-yen sales target,” said Dairo Murata, an analyst at JPMorgan Securities Japan. The brand’s Southeast Asia presence includes about 30 stores each in Malaysia, Thailand and the Philippines.


Source: Bangkok Post September 01, 2016 13:41 UTC



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