UNIQLO: Expansion Plans
Announcing New Stores on the East and West Coasts and in the Central Region.
Marking the brand’s entry in the DC Metro area, UNIQLO will open its first store at Tyson’s Corner Center and enterWashington Statefor the first time, with an initial store at The Bellevue Collection inSeattle. In tandem with these new stores along the East and West Coasts, the company will increase its footprint across the nation by opening a first store inColorado, at The Denver Pavilions inDenver. All three new stores will house the brand’s full assortment of men’s, women’s and kids’ lines.
«Having established a foothold in a number of key locations along the East and West Coasts, we are very pleased to announce our plans to continue to expand our national presence further in these new markets», saidLarry Meyer, CEO of UNIQLOUSA. «Our LifeWear is versatile, functional and stylish, and I’m confident it will continue to appeal to both an urban environment and an outdoor lifestyle. We have something for everyone to enjoy and feel comfortable wearing, regardless of season or personal style».
The Tysons Corner Center attracts tens of millions of shoppers each year from around the world, and UNIQLO will present its latest collections in a total store space of approximately 10,000 square feet. The UNIQLO store at The Bellevue Collection will be slightly larger, at approximately 13,000 square feet, and its store onDenver’s16thStreet, at The Denver Pavilions, will be the largest of the three at approximately 22,000 square feet.
Since opening its first store inNew York City’sSoho in 2006, UNIQLO has grown its presence to 39 stores across the US – inNew York,New Jersey,Connecticut,Philadelphia,Boston,San FranciscoandLos Angeles– as well as launched its online shopping channel atwww.UNIQLO.com. Separately, the company has announced plans to open a UNIQLO store at Faneuil Hall inBostonthis summer, inChicagoon Michigan Avenue this fall and inToronto, Canada, next year. The Bellevue Collection store will open this fall; The Denver Pavilions and Tysons Corner Center stores will open spring/summer 2016.
UNIQLO is a brand of Fast Retailing Co., Ltd., a leading global Japanese retail holding company that designs, manufactures and sells clothing under seven main brands: Comptoir des Cotonniers, GU,Helmut Lang, J Brand, Princesse tam.tam, Theory, and UNIQLO.
With global sales of approximately1.38 trillion yenfor the 2014 fiscal year endingAugust 31, 2014(US$13.6 billion, calculated in yen using the annual average exchange rate to the end ofAugust 2014of$1=101.5 yen), Fast Retailing is one of the world’s largest apparel retail companies, and UNIQLO isJapan’sleading specialty retailer.