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Fast Retailing's Secondary Brands to Arrive in Mainland China

Company will open outposts for brands including GU, Comptoir des Cotonniers and Theory offshoot PLST within the new Uniqlo Shanghai flagship.

BRANCHING OUT: Japan’s Fast Retailing Co. Ltd. is continuing to expand its international presence — and not just for its core Uniqlo brand. The company said it will open outposts for several of its secondary brands within its new Uniqlo Shanghai flagship, set to open this fall.

More specifically, the more-than-86,000-square-foot multibrand complex will house outposts of its budget-orientated apparel brand GU, French fashion brand Comptoir des Cotonniers, lingerie brand Princesse Tam Tam and casualwear label PLST, an offshoot of Theory. These stores will mark the Mainland China debut for all of these brands. Uniqlo will occupy the bulk of the space at just more than 71,000 square feet. GU will have the second-biggest space at almost 11,000 square feet, while the other brands’ stores will be considerably smaller.

On Saturday, Uniqlo opened its first store in Indonesia. The nearly 29,000-square-foot store is located in Jakarta’s Lotte Shopping Avenue. A Fast Retailing joint venture with Mitsubishi Corp. operates the Indonesian business.

Next month, Uniqlo will open two stores in Dhaka, Bangladesh. The stores, launched in cooperation with the nonprofit Grameen Healthcare Trust, will offer low-priced items made from locally sourced materials to cater to the needs of Bangladeshi consumers.

RELATED STORY: Fast Retailing's Nine-Month Net Profit Rises >>

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