Uniqlo aims to growth in Italy
With the opening of three new stores
April 27th, 2021
After the Milanese store in Piazza Cordusio, Uniqlo would be willing to increase its presence in our country. In an interview with Il Sole 24 Ore, Tadashi Yanai, founder and CEO of Fast Retailing, anticipated some of the plans of the company, which intends to open three new stores in Rome, Florence and Turin.
According to Yanai Fast Retailing will be able to close the fiscal year with 10% growth in revenues despite having just closed the first quarter of the year with still declining results. The choice to focus on new physical openings would be linked to Yanai's idea of the online experience, not very suitable to do justice to the purchased product and the shopping experience. Before being able to inaugurate its new stores, Uniqlo will have to find locations capable of satisfying the brand's requests for spacious locations located in strategic places for shopping.
Despite the late debut in our country, the impact of Uniqlo in Italy was certainly positive. Beyond the economic success, the Japanese company has managed to establish itself in the collective imagination by embracing a large slice of the public, from the most fashion-oriented to the more casual, becoming the real alternative to the big names in fast-fashion. In this sense, it will be interesting to see where Uniqlo can arrive by exiting the Milanese square to expand into other Italian capitals.