Databoutique.com’s Post

More often than not, the news focuses on retailers that are closing locations. Let's take a moment to celebrate a retailer that's growing! Uniqlo is targeting 200 more stores by 2027. #TheRetailLawyer #Uniqlo #retailers #bricksandmortar #retail #expansion #attorneyadvertisement https://lnkd.in/eyHxG-n5

This year, we could see an influx of international brands opening doors all over the U.S. market. According to Modern Retail, the U.S. continues to be an attractive market for international brands looking to scale their businesses and we may see them taking up spaces in malls and shopping centers across the country. 🔸Spanish retailer MANGO plans to open ~40 stores this year and aims to make the U.S. one of its top five markets. 🔸Primark has been expanding its U.S. presence in recent years but is setting its eyes on opening stores in the southern part of the country this year 🔸Italian lingerie and loungewear brand Intimissimi said that it plans to have 100 stores in the U.S. by EOY 🔸UNIQLO is restarting its North American ambitions with plans to open 20 new stores in the U.S. and Canada this year Do you have a favorite international retailer that you'd like to see in your market? Drop your Retail Wishlist below! #retail #internationalretail #cre #retailnews

Even in the midst of a retail downturn, global retailers Abercrombie & Fitch, Prada, and Mango are making bold moves to expand their presence in Hong Kong. Retail sales in Hong Kong dropped 9.7 percent to HKD 29.9 billion in June, after an 11.4 percent dive in May and a 14.7 percent contraction in April, according to the Census and Statistics Department. The figures marked the fourth consecutive monthly contraction following 15 months of uninterrupted growth after Covid-19.

No doubt there is still room for flagship store in untapped market but Uniqlo is reaching a saturation point and needs to focus on its comp/same store year on year growth to be sustainable. Today, many of us who own a Uniqlo item tend to have a preference to stick to shopping for a product category and seldom venture into other categories (I.e: challenges in cross selling). Uniqlo has great quality and is comparatively affordable but there is only so many colors you can purchase of an item and the frequency of which you would do so. Flagship stores can only consume profits from other money making outlet if they are not self sustainable thus downplaying the true potential of the brand. https://lnkd.in/dW83WUKr

Fast Retailing, the parent company of fashion retailers UNIQLO and Theory, has reported a rise in operating profit, soaring 31% to ¥500.9bn (£2.57bn) for the year ended 31 August 2024. Read more below. #FastRetailing #Uniqlo #revenue #profits #retailnews

Venturing to China is not an easy path. In fact, international ventures are increasingly challenging these days, with the possible exception of Singapore, where we welcome you with open arms. Due to the rise in nationalism, whether you are heading to the EU, US, UK, China, or Japan, the local market is not going to welcome you with open arms. #andrewtanatomisingapore #theatomiway #atomiconsultancy #陈湧泉老师创业创新课程 #theatomiway #andrewtanatomisingapore #atomiLIFESTYLE #atomi #actushause #atomiFURNITURE #theentrepreneurialmindset #thegrowthmindset #entrepreneurship #陈湧泉 #英文 #中文 #日文

Fast Retailing’s record FY24 sees Uniqlo return to growth in home market The FY24 revenue for Uniqlo and Gu owner Fast Retailing has topped JPY3tn ($2.13bn) for the first time with an industry expert noting it was driven by its Uniqlo brand, which returned to significant growth in its home market of Japan. #JSDaily #FastRetailing #FY24

Uniqlo India aims to touch Rs 1,000-crore sales mark in the current fiscal year, continuing with its 30% annual growth journey, helped by retail expansion. UNIQLO India  |  Kenji Inoue Click on the link below to know more.. #retailnews #retailtrrends #retailsector #retailindustry #retailing #retailresults #retailupdates #businessnews #retailgrowth #retailsectornews #retailindia #retailtrends #retailbusiness #ir #IndiaRetailing

"Uniqlo owner sales and profits soar 🚀💰 Uniqlo owner Fast Retailing's profits have skyrocketed as the group's focus in Western markets amid a downturn in its home region has paid off. 🌍📈 #FastRetailing #Uniqlo #RetailSuccess Learn more at databoutique.com - A vast source for public data that helps understand the news in retail. 💼📊" by Retail Gazette about UNIQLO

As Uniqlo announces its ambitious expansion plan with 11 new stores set to open this year in California and Texas, it's a clear indication that the retail landscape is not just evolving, but thriving. This strategic move not only underscores the brand's confidence in the physical retail sector but also highlights the importance of geographic diversity in today's market. It's thought-provoking to see how Uniqlo's expansion could set a precedent for other retailers, possibly reigniting a wave of brick-and-mortar investments amidst the digital age. This development prompts us to consider the future of retail in a post-pandemic world, where the physical and digital realms increasingly intersect. How will other retailers respond to this bold step, and what does this mean for the future of shopping in America? #CommercialRealEstate #RetailRealEstate #retail #retailbusiness