Skip to main content

Report: Fast Retailing plans major U.S. push


New York -Fast Retailing, Asia’s biggest clothing chain and the parent of Uniqlo, is lookjing to open at least 200 Uniqlo stores in the United States by 2020 as it seeks to raise sales sixfold in a decade, according to a Bloomberg report.

"The United States is one of the most important markets for us,” Shin Odake, CEO of Uniqlo’s U.S. unit, said in an interview with Bloomberg Television.

The Yamaguchi City, Japan- based company is considering opening stores in other major cities including San Francisco, Chicago and Boston, The company will hire 50 U.S. college graduates this year and send them to Japan for six months to train them to be managers, the report said.

This ad will auto-close in 10 seconds