Launching in Vietnam next year will mark further growth for the brand of UNIQLO in Southeast Asia.
Japanese apparel retailer UNIQLO has just announces its launch in Vietnam on August 30, with plans to open its first store in Ho Chi Minh City during the fall of 2019. UNIQLO will begin recruiting local talent as it prepares to open its store in one of the region’s most exciting, high-growth economies.
“Our entry into Vietnam is an exciting milestone for everyone at UNIQLO. Southeast Asia has been an important driver of growth for us, and we are pleased and optimistic about this opportunity to be a part of such an exciting economy and retail market,” said Tadashi Yanai, chairman, president, and CEO of Fast Retailing Co., Ltd., the parent company of UNIQLO. “We look forward to introducing UNIQLO and our high-quality, affordable LifeWear apparel line in Vietnam, and to making a positive contribution to the economy and communities where we operate.”
LifeWear is UNIQLO’s commitment to creating perfect clothing that meets the needs of everyone’s daily lifestyles. High-quality, functional, affordable, and constantly evolving, LifeWear is available in a variety of colors and styles for people of all ages.
The first UNIQLO store will be located in Ho Chi Minh City, and the company will focus on establishing its presence and brand in this region before considering other areas. UNIQLO will introduce its UNIQLO Manager Candidate (UMC) programme in Vietnam soon, as part of its market preparations.
More details regarding UNIQLO’s first store in Vietnam will be announced at a later date.
UNIQLO is a brand of Fast Retailing Co., Ltd., a leading global Japanese retail holding company that designs, manufactures, and sells clothing under seven main brands: Comptoir des Cotonniers, GU, Helmut Lang, J Brand, Princesse tam.tam, Theory, and UNIQLO.
With global sales of approximately JPY1.8619 trillion ($16.87 billion) for the 2017 fiscal year ending on August 31, 2017, Fast Retailing is one of the world’s largest apparel retail companies, and UNIQLO is Japan’s leading specialty retailer with around 2,000 stores in 20 markets worldwide.
Nguyen Huong report on VIR