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Global Management Forum 2019

Uniqlo to quadruple Southeast Asia stores to 800 in 10 years

CEO Yanai aims to balance rapid expansion with sustainability

Fast Retailing Chairman, President and CEO Tadashi Yanai speaks to the Nikkei Asian Review on the sidelines of the Nikkei Global Management Forum. (Photo by Yoichi Iwata)

TOKYO -- Uniqlo parent Fast Retailing aims to quadruple its store count in Southeast Asia in 10 years, bringing it on a par with its current greater China network, Chairman and CEO Tadashi Yanai said in an interview on Oct. 28.

Yanai said it took the Japanese casualwear group 17 years to build its network in the greater Chinese market, which numbers about 800 stores. The company hopes its expansion in Southeast Asia will progress much faster from now on.

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