ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Japan-South Korea rift

Uniqlo's Seoul flagship to close as Japan boycotts smolder

'Selective' shunning hits cars and beer, but PS5 and Tamagotchi unscathed

Uniqlo's Seoul flagship store, which once enjoyed nearly $2 million in sales a day, is shutting down. (Photo by Sotaro Suzuki)

SEOUL -- Casualwear chain Uniqlo's flagship store in Seoul, which raked in 2 billion won ($1.8 million at current rates) in sales a day when it first opened in 2011, will close its doors at the end of next month.

The four-floor store, sitting in a prime location at an entrance to Myeong-dong, Seoul's busiest shopping area, now carries a sign reading, "Thank you for your patronage."

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more