India

UNIQLO Launches in India in Fall 2019


UNIQLO, the Japanese global apparel retailer, today announces plans to launch in India with the opening of a first store in Delhi during fall 2019, marking the brand’s entry into the South Asia region. Following the establishment of a wholly-owned subsidiary in Delhi in May, UNIQLO will soon begin recruiting local talent as it prepares to open its store in the world’s fastest-growing major economy.


 


Our entry in India represents a significant step in our company’s global strategy, and we are very pleased and excited to be part of the country’s growing retail market,” said Tadashi Yanai, Chairman, President and CEO of Fast Retailing Co., Ltd., the operator of the UNIQLO brand. “We look forward to introducing UNIQLO and our high quality, affordable LifeWear apparel in India, while at the same time contributing to the expansion of the Indian economy.”


 


LifeWear is the UNIQLO commitment to creating perfect clothing that meets the needs of everyone’s daily lifestyles. High quality, functional, affordable and constantly evolving, LifeWear is available in a variety of colors and styles for people of all ages.


 


The first UNIQLO store will be located in Delhi, and the company will focus on expanding its presence in the capital region before considering other areas. UNIQLO will introduce its UNIQLO Manager Candidate (UMC) program in India soon, as part of its preparations to enter the market.


 


India will become the latest in a string of new markets for UNIQLO worldwide, following earlier announcements to launch in Sweden and the Netherlands in Fall 2018.


 


More details regarding the new store in Delhi will be announced at a later date.


 


Company Overview






Company name:

UNIQLO India Private Limited

Location:

Delhi, India

Representative:

Satoshi Hatase (Fast Retailing Group Senior Vice President)

Ownership:

Wholly-owned consolidated subsidiary of Fast Retailing Co., Ltd.


 


 


 


 


 


For more information regarding UNIQLO and our current collection, please visit www.uniqlo.com.


 


About UNIQLO LifeWear


Apparel that comes from the Japanese values of simplicity, quality and longevity. Designed to be of the time and for the time, LifeWear is made with such modern elegance that it becomes the building blocks of each individual’s style. A perfect shirt that is always being made more perfect. The simplest design hiding the most thoughtful and modern details. The best in fit and fabric made to be affordable and accessible to all. LifeWear is clothing that is constantly being innovated, bringing more warmth, more lightness, better design, and better comfort to people’s lives.


 


About UNIQLO and Fast Retailing


UNIQLO is a brand of Fast Retailing Co., Ltd., a leading global Japanese retail holding company that designs, manufactures and sells clothing under seven main brands: Comptoir des Cotonniers, GU, Helmut Lang, J Brand, Princesse tam.tam, Theory, and UNIQLO. With global sales of approximately 1.8619 trillion yen for the 2017 fiscal year ending August 31, 2017 (US $16.87 billion, calculated in yen using the end of August 2017 rate of $1 = 110.4 yen), Fast Retailing is one of the world’s largest apparel retail companies, and UNIQLO is Japan’s leading specialty retailer.


 


UNIQLO continues to open large-scale stores in some of the world’s most important cities and locations, as part of its ongoing efforts to solidify its status as a truly global brand. Today the company has around 2,000 stores in 19 markets worldwide including Japan, Australia, Belgium, Canada, China, France, Germany, Hong Kong, Indonesia, Malaysia, Philippines, Russia, Singapore, South Korea, Spain, Taiwan, Thailand, U.K. and the U.S. In addition, Grameen UNIQLO, a social business established in Bangladesh in September 2010, currently operates several Grameen UNIQLO stores in Dhaka. UNIQLO manages an integrated business model under which it designs, manufactures, markets and sells high-quality, casual apparel. The company believes that truly great clothes should be supremely comfortable, feature universal designs, are of high quality and offer a superb fit to everyone who wears them.


 


With a corporate statement committed to changing clothes, changing conventional wisdom and change the world, Fast Retailing is dedicated to creating great clothing with new and unique value to enrich the lives of people everywhere.


 


For more information about UNIQLO and Fast Retailing, please visit www.uniqlo.com and www.fastretailing.com.


 


Source: NV1

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