Uniqlo
This coverage explores Uniqlo’s strategy, operations, and presence within the UK retail and apparel market. Reporting highlights store openings, product launches, marketing campaigns, sustainability initiatives, and executive decisions shaping the brand’s growth. Designed for retail executives, brand managers, and buyers, the content offers insights into how Uniqlo competes and adapts in the fast-changing fashion retail sector.
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May- 2023 -24 MayNews
Uniqlo permanently closes stores in Russia
Japanese retailer Uniqlo has recently announced it is leaving Russia after the suspension of its operations last year, Reuters has reported. In March 2022, after Russia embarked on a military operation in Ukraine, Uniqlo was one of the many international companies to interrupt operations in the country. In an official…
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Apr- 2023 -14 AprilClothing & Shoes
Uniqlo owner sees profits rise 16% to £1.3bn
Uniqlo owner Fast retailing has recorded a 16% rise in operating profit to ¥220bn (£1.3bn) during the first six months of the year to 28 February. Fast Retailing said that the business recovery in China and strong sales in Europe and North America was the primary driver and helped revenues…
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Nov- 2022 -17 NovemberHigh Street
Uniqlo to open Covent Garden store
Uniqlo has announced it will open a new store in Covent Garden as it continues its expansion across the UK. The Covent Garden site will be its 17th store opening in the UK, following the Battersea Power Station store last month. It is located with entrances on Long Acre and…
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Sep- 2022 -21 SeptemberAnalysis
Inflation, fast fashion and how to keep shoppers in a recession
According to the Office for National Statistics (ONS), inflation is back in the single digits in August after it rose to worrying heights in July. However, despite its fluctuations, inflation has remained at record-breaking levels, damaging profits for affordable fashion retailers among others in different sectors. According to Fashion Network,…
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1 SeptemberHigh Street
Battersea Power Station confirms 14 October opening date
Battersea Power Station has confirmed it will open its doors to the public for the first time from Friday 14 October 2022. Electric Boulevard, a new pedestrianised high street, which runs from the south of the Power Station, between Frank Gehry’s Prospect Place and Foster + Partners’ Battersea Roof Gardens…
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Jul- 2022 -15 JulyClothing & Shoes
Uniqlo owner raises outlook amid profit and sales surge
Uniqlo owner Fast Retailing has raised its full-year outlook after posting record profits for the third quarter of the year. In the three months to 31 May, the retailer recorded operating profits of 81.8bn yen (£498m), up 36.5% YOY. The strong performance comes as revenues surged 10.3% to 546.1bn yen…
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Mar- 2022 -11 MarchClothing & Shoes
Uniqlo reverses decision to remain in Russia
Fast Retailing, the parent company of fashion brand Uniqlo, has announced it will temporarily suspend its operations in Russia amid the ongoing Ukraine crisis. While previously continuing its Uniqlo business in Russia, the company said it has recently faced a number of difficulties, including operational challenges and the worsening of…
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8 MarchClothing & Shoes
Uniqlo owner defends decision to keep operating in Russia
The CEO of Fast Retailing, the parent company of fashion brand Uniqlo, has defended the company’s decision to continue operating in Russia claiming “clothing is a necessity of life”. In a statement first published by Nikkei and reported by Bloomberg, Tadashi Yanai said: “Clothing is a necessity of life. The…
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Sep- 2021 -20 SeptemberLuxury Goods
LVMH names Nigo artistic director at Kenzo
Moët Hennessy Louis Vuitton (LVMH) has named Japanese fashion designer and DJ Nigo as the new artistic director of Maison Kenzo. Effective today (20 September), Nigo joins the French luxury fashion house founded by Takada Kenzo, who graduated from the same fashion school in Tokyo. Having launched A Bathing Ape…
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Jul- 2021 -16 JulyClothing & Shoes
Uniqlo lowers FY forecast amid Q3 ‘shortfall’
Fast Retailing, the owner of Uniqlo, has lowered its full year forecast due to a “shortfall” in its Q3 results. The group saw revenues rise 9.9% year-on-year to ¥1,698bn (£11.2bn), and gross profit increase by 14.4% to ¥859bn (£5.65bn) during the first three quarters of FY21. Nevertheless, the company revised…
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