Japanese casual wear designer, manufacturer, and retailer UNIQLO, after starting operations in its 1,550-square meter outlet in the Mall of Asia on June 15, will put up another 49 stores in the greater Manila area in the next three years as it sees the enormous growth potential of the Philippine market said UNIQLO Chief Operating Officer Katsumi Kubota in a press briefing on Wednesday at the Mall of Asia in Pasay City.
“Once we are strong enough in Metro Manila, then we can move to other key cities in the country,” added Kubota.
He said UNIQLO will employ as “much as we can”. Currently, the company employs 57,000 workers globally.
Kubota said the edge of UNIQLO over other brands is that it doesn’t limit itself to one market, “That is why we are called ‘Made for All’”.
The UNIQLO outlet in the Mall of Asia offers almost all kinds children’s, men’s and women’s wear, except shoes.
The outlet is UNIQLO's 12th store outside Japan. UNIQLO has stores in the United States, United Kingdom, France, Russia, China, South Korea, Hong Kong and Taiwan.
UNIQLO also has stores in Southeast Asian countries Thailand, Malaysia and Singapore.
Their outlet in the Mall of Asia has a paid-in capital of approximately P400 million or ¥720 million.
UNIQLO is a brand of Fast Retailing Co., a leading global Japanese retail holding company that designs, manufactures and sells clothing under five brands: Comptoir des Cotonniers, Foot Park, g.u., Princess Tam-Tam, and UNIQLO.
With global sales of ¥820 billion for the 2011 fiscal year ending Aug. 31, 2011, Fast Retailing is the world’s fourth largest apparel retail company and UNIQLO is Japan’s leading specialty retailer.
Source: GMA News
