Fast Retailing, the owner of Uniqlo brand and retailer of apparels is planning to close 50 unprofitable stores in China. But at the same time the Japanese company also plans to open 80 new stores. This was disclosed by Takeshi Okazaki, Chief Financial Officer of Fast Retailing who said it will
Uniqlo is planning to open 80 new stores in the Greater China region for the 2024 fiscal year. The company remains committed to expansion and in Q1 24 new stores were opened, adding a net of 8 stores in the region. Uniqlo’s expansion in overseas markets, particularly Europe and North America, is a focal point, […]