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09.10.25 - 10:36
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Fast Retailing Logs Record Annual Sales, Profits (Nippon)
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Tokyo, Oct. 9 (Jiji Press)--Fast Retailing Co., the operator of Uniqlo and other casual clothing brands, on Thursday reported record-high group sales and profits for the year that ended in August, on the back of robust demand both in and outside Japan. Sales rose by 9.6 pct from the previous year to 3,400.5 billion yen, operating profit by 12.6 pct to 564.2 billion yen and net profit by 16.4......
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08.10.25 - 06:06
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New trend among fashion brands: setting up cafes to drive up store traffic (SCMP)
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A new trend has emerged in Hong Kong's commercial property landscape as the retail sector slowly recovers: non-food and beverage (F&B) brands are turning to casual dining to entice young consumers and get more out of their premises.
Japanese apparel retailer Uniqlo carved up some space for a cafe in its refurbished Cityplaza outlet in Taikoo Shing last year and American luxury brand Ralph Lauren went further by opening standalone Ralph's Coffee shops in high-end malls like Harbour City in Tsim......
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08.09.25 - 03:36
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Uniqlo Hong Kong chooses upgrades over expansion in effort to evolve (SCMP)
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Uniqlo is focusing on revamping its 32 outlets in Hong Kong rather than expanding its footprint amid sluggish retail sales, as the popular Japanese fashion retailer contends with a decline in revenue and profit from its Greater China region.
However, revamping existing stores sometimes includes leasing more space. For example, a store currently under renovation and set to reopen on October 17 in Mira Place in Tsim Sha Tsui will nearly double to 27,000 sq ft. A new-look store in City Plaza in......
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