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Uniqlo to double Southeast Asia footprint by 2022

'Life wear' chain chases growth beyond malls into standalone stores

This Uniqlo in the Bangkok suburb of Phatthanakan is the Japanese retailer's first roadside store in Southeast Asia. (Photo by Akira Kodaka)

TOKYO -- Casual clothing retailer Uniqlo plans to double its number of stores in Southeast Asia and Oceania to about 400 by 2022 with an emphasis on stand-alone suburban stores meant to extend the brand's reach beyond shopping malls, a senior executive said.

The Japanese retailer aims to triple revenue generated in the region to 300 billion yen ($2.71 billion) in the year ending August 2022, up from 100 billion yen last fiscal year. That would mark a faster rate of growth than for Uniqlo overall, which expects revenue to double to 3 trillion yen over the same period.

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