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Fast Retailing Plans To Expand Rapidly To Markets Like China And Southeast Asia.

2011/9/17 11:24:00 55

Fast Marketing Plan To Expand Market In Southeast Asia

According to the Japan economic news, Japan Famous clothing enterprises Xun marketing company published its business development strategy on the 14 day, and plans to open 200-300 new markets every year within 3 years. Uniqlo "(UNIQLO, chain store for casual wear), including 100 China, 100 Southeast Asia, 50 South Korea, 30 Taiwan and 20 European and American countries, and strive to achieve 5 trillion yen target by 2020.


According to reports, at present, fast retailing companies have opened 80 stores and 60 stores in China and South Korea, and in the next 2-3 years, the annual sales volume has reached 100 billion yen by actively opening UNIQLO stores. Ryui Masa, President and chief executive, said that the company will be formally put into operation in India and will reach an annual supply system of 500 thousand products by 2020.


With the overseas expansion strategy, 1500 new recruits will be recruited every year, of which 1200 will be recruited overseas.


The report points out that Fast marketing In 2005, the company put forward the goal of selling 1 trillion yen by 2010, actually reaching about 800000000000 yen, mainly because it failed to achieve. Merger and acquisition plan Talent training has not kept pace. This is better than the environment at that time, but the challenge is even greater.


 

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Read the next article

Japan'S UNIQLO Wants To Be Promoted To The World'S Largest Retail Apparel Brand.

The Fast Retailing Co, the Uniqlo of Japan's casual wear brand, has announced an ambitious global expansion plan to make UNIQLO rival the US Gap and Spain Zara to become the world's largest retail apparel brand.