Uniqlo to launch U.S. online shopping

New York -- Uniqlo, a division of Japan's Fast Retailing Co. Ltd, will launch its U.S. e-commerce site next week, a crucial part of its drive to earn $10 billion in overall North American sales by 2020, Bloomberg reported.



"By opening this e-commerce site now, we are able to cater to customers across the United States," said Uniqlo USA CEO Shin Odake in the Bloomberg report.



Uniqlo currently has five U.S. locations, including new sites in San Francisco and New Jersey, along with its other three in Manhattan.



The chain is expected to 20 to 30 new U.S. stores opened annually over the next few years.