Go to the Globe and Mail homepage

Jump to main navigationJump to main content


Uniqlo’s waistline grows faster than its wallet Add to ...

Subscribers Only

Lex is a premium daily commentary service from the Financial Times. It helps readers make better investment decisions by highlighting key emerging risks and opportunities.

What’s in a name? Fast Retailing would have you believe a lot. The Japanese company behind the Uniqlo brand – famed for its simple clothes and also the sponsor of tennis star Novak Djokovic – is expanding as though fashion is, er, going out of fashion. It is adding 200 stores in Asia every year, half of which will be in China, and plans to raise this target to 400 stores in the future. Last week, it became the first global clothes retailer to open stores in Bangladesh. Shoppers there can pick up a T-shirt for as little as 195 Bangladeshi taka ($3). But is Fast Retailing getting ahead of itself?

Report Typo/Error

Next story




Most popular videos »

More from The Globe and Mail

Most popular