Uniqlo reboots aggressive expansion, seeing a return to normality

China lockdowns, Ukraine war, rising costs could make it hard to keep prices low

20220414 UNIQLO store in Shanghai

Japan and China are Fast Retailing's two main markets, accounting for around 75% of revenue, according to QUICK-FactSet. (Photo by Ken Kobayashi)

RURIKA IMAHASHI, Nikkei staff writer

TOKYO -- Fast Retailing is getting back on track with new Uniqlo store openings this fiscal year, eyeing the launch of 400 to 500 outlets globally on an annual basis soon, as it sees a return to pre-COVID normality, CEO Tadashi Yanai said Thursday.

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