Uniqlo is coming to India

Japan’s biggest fashion retailer is coming to Delhi-NCR

Japanese retailers love Delhi NCR. First Moji, now Uniqlo is coming to the town.

Uniqlo announced India’s entry. It will set up its first store in Delhi in 2019.

A brief history:

• Uniqlo started in 1984. It sells casual clothes.
• Zara and H&M are its competitors, who sell trendy clothing and jewelry.
• It has 1089 stores worldwide.
• It made a profit of $1.57 bn on sales of $16.87 bn.
• Fast Retailing Co. is its holding company. Its other brands are GU, Theory, Comptoir des Cotonniers, Princesse tam.tam, and J Brand
• It aims to become world’s largest fashion retailer.

What does it mean?

• High demand for fast fashion; India’s fashion retail market is worth $70 bn .
• Muji, another Japanese retail major has opened four stores in India ( 2 in Delhi-NCR).
• Positive signs for local garment manufacturers; as these brands will source from local manufacturers.
• Intense competition between fashion brands to get customers.

Watch: A Uniqlo store

Uniqlo’s 89000 square feet NY store.
- 100 fitting rooms
- 50 cash registers
- Endless collections.