Uniqlo Announces Plans To Raise Presence


News: Japanese apparel retail brand Uniqlo, owned by Fast Retailing, has announced plans to nearly double its presence in the US. Uniqlo is present in the country at 20 locations and intends to raise the number to 38 in the space of a year, with an aim of strengthening its foothold in the country. The sluggish growth recorded in the home country has driven the retailer to look for growth opportunities in the US (CNBC).

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Related sectors of this article: Retail
Geography: United States