UNIQLO’s Post

📺 talking business this morning for fashion… Fast Retailing’s success stems from innovative product technologies, vertical integration, efficient supply chains, global expansion, and a strong focus on quality, affordability, and sustainability in fashion Heres the science bit: Japan’s Fast Retailing the owner of clothing brand Uniqlo, said on Thursday, its third-quarter operating profit surged 29%. Profit rose to 144.7 billion yen ($894.81 million) in the three months to May 31 from 112.5 billion yen in the year-earlier period. The company raised its full-year profit forecast to 475 billion yen from 450 billion yen. UNIQLO Fast Retailing The Customer Whisperer TV Speakers Corner ICMI Speakers and Entertainers #FastRetailing #Uniqlo #BBC #speaker #expert #InnovativeFashion #SustainableFashion #GlobalExpansion #VerticalIntegration #AffordableFashion #SupplyChainExcellence #FashionIndustry #MarketLeaders #RetailInnovation #TheCustomerWhisperer

#CIdailynews Fast #Retailing Co, owner of #clothingbrand Uniqlo, forecast 18% growth in annual profit on Thursday, as it plans to expand in key markets including China, anticipating that the rising cost of living will make #shoppers more price conscious. More details: https://lnkd.in/ea2cpzvY #fashionbrand #retail #consumption #retailnews

Uniqlo has one of the best self-service systems. This cash register automatically counts RFID-based clothing items and generates a receipt. The Japanese company with ~$19 billion in annual sales started implementing this system back in 2014, but it has become widespread in recent years due to falling chip prices. Now, 70-90% of in-store purchases are made with RFID chips, and the time to make a purchase has become 50% faster than the cashier. Now that's the convenience of self-service checkouts! #Japan #technology #innovation #business #marketing #futuretechnology #future #civilization #digital #idea #corporation #globalbusiness #globaleconomy #globalindustry #globalmarketing #strategy #creative #futurecity

Fast Retailing, the parent company of UNIQLO, is accelerating its global expansion of the GU (https://lnkd.in/gb8ECCtt) fashion label with the goal of achieving annual sales revenue of ¥10 trillion (US$66.6 billion). GU, known for its affordability and appeal to a younger demographic, has a strong presence in Japan but is less established internationally. Despite competition from Western brands like H&M, ZARA SA and Gap, Fast Retailing is optimistic about GU's growth potential, particularly in North America and Europe. Leveraging synergies with Uniqlo, the company aims to meet global fashion trends while maintaining product diversity. With strategic investments in quality and expansion, Fast Retailing is committed to realizing GU's full potential in both domestic and international markets. What Bloomberg Intelligence Says: “Fast Retailing needs to expand its flagship Uniqlo chain globally to boost revenue and profit, we believe, as its growth in Japan is threatened by a shrinking population. This could limit Uniqlo’s same-store-sales growth in the country even as local wages expand. Fast Retailing’s GU label, which focuses on low-priced casual wear, could become a second growth engine.”, Catherine Lim and Trini Tan, analysts. #FastFashion #Growth #Opportunity #Business #Scale #Sustainability #Retail #Europe #US #Asia I Bloomberg I Mia Glass I Xunxun Huang (Grace)

Very difficult year for many brands and retailers.. And... Magical numbers are announced by Uniqlo. Suprise? For me, NO! In the last couple of years, while everybody was fighting with the social, political and economical difficulties and trying to keep their balances, Uniqlo was stepping forward strongly with theşr product, supply chain, pricing, e-commerce & physical shopping strategies... I have shared many articles from different media about their improvements time by time. Now, magical numbers are dancing on the retail industry market... Summary : "20.2% rise in revenue year on year for the 12 months to 31 August, with its international division surpassing 50% of total revenue for the first time" Here we go in details with #drapersonline article! #textile #fashion #retail #branding #sourcing #textilesourcing #supplychain #fabric #tekstil #moda #kumaş #sustainability #responsiblefashion #tedarikzinciri https://lnkd.in/eZQBrYbj

Shares in Uniqlo-owner Fast Retailing approached an all-time high on Friday after the company penned record operating profit for a second year running. Fast Retailing said operating profit came in at 381 billion yen (£2.08 billion) for the year to August 2023, up 28% on 2022, as demand in China continues to recover. Shares jumped 5.75% to 35,690 yen as a result, sitting just off all-time highs recorded in June. According to the retailer, shopping habits have changed in the wake of the Covid-19 pandemic, with many now placing value above luxury. “People are looking to reduce surplus things and frills and live simply in their own way,” chief executive Tadashi Yanai commented. Fast Retailing laid out plans to open new stores in North America and Europe in response, though targets for annual openings in Greater China were reduced from 100 to 80. More at #Proactive #ProactiveInvestors #fastfashion #fastretail #Uniqlo http://ow.ly/RCqL104XGW8

Uniqlo is revolutionising retail! 🚀 Have you ever encountered a shopping experience that left you genuinely amazed? Well, I just wanted to shed some light on UNIQLO's self-checkout. A game-changing innovation that has completely transformed the way we shop. If you haven't experienced it yet, you're in for a treat! Picture this: you walk into a Uniqlo store, pick up the items you love, and head to the self-checkout area. Where you're greeted with a seamless and awe-inspiring technology driven by radio frequency identification tags. You don't even need to scan the items, just drop them in. 🤯 But, it's not just the speed that's captivating; it's the way Uniqlo has solved a problem most of us didn't even know existed. They've mastered the art of delivering a shopping experience that's quick, efficient, and dare I say, thrilling. Innovative in-store tech like Uniqlo's self-checkout exemplifies how brands can cater to their customer's needs even before they realise those needs themselves. They've created a shopping experience that's more than just a transaction - it's exciting! Who are your absolute favourite brands that are taking innovation to the next level? #technology #innovativetechnology #problemsolving

Uniqlo: Plotting The Japanese Brand’s Global Expansion. Japanese #clothing brand #Uniqlo, known for its range of high-quality basics to satisfy all of your “normcore” needs, is attempting to properly crack the American market again, with plans to open over 20 stores across North America in 2024 as part of its goal to reach more than 200 stores throughout the continent by the end of 2027. As of parent company Fast Retailing’s latest count, there are just 59 Uniqlo branches in North America, after the #retailer made a conscious effort to retreat in recent years, shutting stores in the region and taking time to learn what American #shoppers really want (shoulder bags and crop tops, apparently). That was a rare faux pas for a #fashion brand that’s been #growing rapidly since the first Uniqlo, back then the Unique Clothing Warehouse, opened its doors in Hiroshima 40 years ago. Thanks to its semi-utilitarian offerings, viral products like its immensely popular cross-body bag, and a catalog of impressive collaborations with everyone from #AlexanderWang to Keith Haring, Uniqlo has carved out a slice of the market that’s way too big to be considered a niche. Today, the brand is one of — if not the — leading fashion retailers in #Japan, with ~800 stores across its native country, and its #international expansion has been equally rapid… even with a few hiccups in the US. Since 2005, when its first US store opened, Uniqlo International #revenue has skyrocketed: #sales abroad outstripped sales in Japan for the first time in 2018, growing to ¥1,437B (~$9.5B) by 2023, largely thanks to #China and other Asian nations. JSesko@meridianfinance.com 818-914-9271 #tradecreditinsurance

The last 20 years have been a challenging time for some big bricks and mortar retailers but others have thrived. The market cap of Gap and H&M has dropped significantly - Gap's has shrunk from $20.79 Bn to $4.37 Bn - H&M shrunk from $57.15 Bn in 2012 to $22.30 Bn Inditex and Uniqlo have grown spectacularly Inditex has grown from $7.85m to $110.18 Bn (2 for 1 share split in 2014) Uniqlo (Fast Retailing) has grown from $6.42 Bn to $68.19 Bn Next and Frasers look tame by comparison but are still solid Next has grown from $5.35 Bn to $11.31 Bn Frasers Group has grown from $1.39 Bn to $4.48 B

For me Shopping has always been about touch and feel... Being in those wonderful looking stores, making conversations with the store staff has always been great experience This data proves brands/retailers are gung-ho and that we are social animals, we like to go out, meet people, have some fun moments yet we are on continuous learning path of balancing between digital and physical world...Lets see where it takes us ahead..... #brickandmortar #retailnews #shoppingmalls #expansion #businessdevelopment #stores #Shopping #retailrealestate #realestate