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Uniqlo aims to double rate of Asia store openings

Owner Fast Retailing raises annual profit forecast

TOKYO -- Uniqlo owner Fast Retailing wants to accelerate its expansion in Asia, eyeing 100 store openings a year in a bid to thrive in the era after COVID-19, its CEO told reporters on Thursday.

"Asia is and will be the world's growth center," said Fast Retailing Chairman and CEO Tadashi Yanai. "We will accelerate our expansion in the region so that we can be the overwhelming No. 1 company in Asia."

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