Last Updated: 2012.02.03
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Company Introduction
UNIQLO CO., LTD.
| Established: | September 2, 1974 |
|---|---|
| Location: | 717-1 Sayama, Yamaguchi City, Yamaguchi 754-0894, Japan (Head Office) Midtown Tower, Akasaka 9-7-1, Minato-ku, Tokyo 107-6231, Japan (Tokyo Office)  MAP |
| Line of business: | Retail chain operator specializing in in-house designed casual clothing for men and women of all ages. Operates stores under the name of UNIQLO. |
| Net Sales: | 600.1 billion yen (Year to August 2011) |
| Number of Stores: | 851 stores (As of January 31,2012) |
| * UNIQLO direct-run stores: 830 stores * UNIQLO franchise stores : 21 stores |
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| 100% consolidated subsidiary | |
| http://www.uniqlo.com/jp/ | |
UNIQLO Japan is the nation's largest apparel retail chain with a 5.5% share of the \10.7 trillion Japanese apparel market, and a network of 852 stores at end of December 2011 generating annual net sales of over \600 billion.
The first UNIQLO casualwear store opened in Hiroshima City in western Japan in 1984. The subsequent opening of multiple suburban roadside stores brought rapid growth, culminating in the 1998 fleece apparel campaign which sparked a UNIQLO boom throughout Japan. UNIQLO Japan then experienced a period of falling sales and profits, but performance recovered thanks to a determined focus and expansion of women wear. Since 2004, UNIQLO has changed its new store strategy to emphasize large-format stores with floor space of around 1,600 square meters. The opening of the first global flagship store in Japan, the UNIQLO Shinsaibashi Store, in October 2010 was a great success. UNIQLO has been aggressively opening large-format stores housed within established department stores, and now two new global flagship stores are scheduled to open in Tokyo in 2012: one in Ginza in March and one in Shinjuku in the fall.
Our indisputable success is in part due to the UNIQLO business model that maintains control over the entire process of product development, manufacture, distribution and retail. This business model enables UNIQLO to earn a firm profit while guaranteeing customers high-quality basic casual wear at reasonable prices.
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