Fast Retailing: Adding 40 UNIQLO Stores in China

According to Fast Retailing Co. Ltd., its UNIQLO flagship store is going to open on May 15^th in Shanghai. It is the fourth flagship store of this company, next by New York, London, and Paris stores.

Based on its annul report, Fast Retailing is ranked No.5 largest clothing manufacturer and retailer. But its growth rate has exceeded the Inditex.S.A (ZARA) and Hennes&Mauritz (H&M), who ranked No. 1 and No. 3 respectively.

Pan Ning, the Fast Retailing China CEO said, UNIQLO not only purchases products from China, but also accelerate its extension in Chinese market. In the next two year, its stores in China will grow to 100. Now it has only 47 stores (including its high-end brand THEORY) in mainland, and 14 stores in Hong Kong. .