Recently UNIQLO, the Japanese global apparel retailer, announced its launch in Vietnam during fall 2019. The store will be one of the biggest UNIQLO stores in Southeast Asia with 3,000 square meters at Parkson Saigon Tourist Plaza in District 1, Ho Chi Minh City.
“Our entry into Vietnam is an exciting milestone for everyone at UNIQLO. The Southeast Asia region has been an important driver of growth for us, and we are pleased and optimistic about our 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.
“Our entry into Vietnam is an exciting milestone for everyone at UNIQLO. The Southeast Asia region has been an important driver of growth for us, and we are pleased and optimistic about our opportunity to be a part of such an exciting economy and retail market.”
The apparel retailer is looking forward to introducing UNIQLO and their high quality, affordable LifeWear apparel in Vietnam, and to making a positive contribution to the economy and communities where they operate.
With this, the brand will further growth in the Southeast Asia region. UNIQLO will begin recruiting local talent as it prepares to open its store in one of the region’s most exciting, high-growth economies.
LifeWear is the UNIQLO 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. Also, shoppers will be able to now purchase the best of menswear, womenswear and kidswear from the new store.
UNIQLO will introduce its UNIQLO Manager Candidate (UMC) program in Vietnam soon, as part of its market preparations.
This year UNIQLO also expanded in India, Denmark, Sweden and the Netherlands, in addition to expanding the number of stores in Canada.
Earlier, with a charter capital of US$ 8.8 million, UNIQLO had established its Vietnam business. Where Fast Retailing Singapore owning a 75% stake and Japan’s Mitsubishi Corporation owning the remaining stake.