Uniqlo to expand retail footprint, plans to launch e-commerce in India
Japanese apparel retailer Uniqlo is planning to strengthen its retail presence in leading metro cities across India and also plans to launch its e-commerce website in the country.
Uniqlo recently opened its third store at DLF Avenue, Saket in South Delhi and plans to add more stores in this region before expanding to other cities.
Uniqlo had entered the Indian market by opening its first store in the country at the Ambience Mall Vasant Kunj in New Delhi, followed by its second store at DLF CyberHub in Gurugram.
"We are encouraged by the positive feedback from the Indian customers so far. More than a quarter of a million customers have purchased products at our store in India in the past few months and we have exceeded our performance target by around 30 percent," Uniqlo India CEO, Tomohiko Sei, told PTI.
"Our initial focus is to launch our brand and make our first three stores successful. We would like to launch e-commerce as soon as we are ready. The Indian market has huge potential and would explore them in the next stage. We first want to establish in the Delhi NCR region and then we would go to other places," he added.
Uniqlo claimed to have recorded Rs 2.2 crore ($331,000) in sales during its first two days retailing in India. Uniqlo is owned by the Tokyo-based business Fast Retailing and was founded by Tadashi Yanai.
The business currently has more than 2,200 stores in 25 markets including Japan.
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