Rahul Sachitanand
Feb 11, 2020

Despite virus woes, Japanese brands face globalisation imperative

Slowing sales at home and increasingly unfavourable economic growth and demographics lead companies' overseas push.

Uniqlo expects the revenue of its Southeast Asian operations to double, led by its expansion in India

In the first few days that Japanese retailer Uniqlo owned by $21.2 billion Fast Retailing opened its first store in India in October, some 40,000 people are estimated to have poured through its doors in a posh mall in New Delhi. Since then, the fast-fashion brand, which gets nearly a third of its business from outside its home country, has expanded its footprint to three stores in Indiaand plans several moreas it seeks to recast...

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