MANILA, Philippines --- Japan's fastest globalizing clothing brand Uniqlo is opening its first store in the country on Friday, June 15, at the SM Mall of Asia, providing Filipinos an alternative functional apparel for all ages.
In support of its Philippine operation, Tadashi Yanai, chairman and CEO of Fast Retailing Inc., would grace the occasion and share his economic vision for Uniqlo in the Philippines.
The opening of the first UNIQLO store in Manila, in the SM Mall of Asia, makes the Philippines the 12th country outside of Japan where it has presence, after opening stores in the US, UK, France, Russia, China, South Korea, Hong Kong and Taiwan. UNIQLO also operates stores in Southeast Asian countries like, Thailand, Malaysia, and Singapore.
With global sales of 820 billion yen for the 2011 fiscal year ending August 31, 2011, FR is the world's fourth largest apparel retail company and UNIQLO is Japan's leading specialty retailer.
Today UNIQLO has more than 1,100 stores worldwide, namely in the US, UK France, Russia, China, Hong Kong, Taiwan, Singapore, Malaysia, Thailand and Korea, as well as Japan.
To Uniqlo, Asia offers enormous growth potential for UNIQLO and is a key regional focus of the brand's global expansion strategy. UNIQLO started opening its first stores in Thailand in September 2011, following its successful expansion into Singapore and Malaysia, increasing its lineup in Southeast Asia to 15 retail locations.
With the vision to improve people's lives through the power of clothing, UNIQLO is seen as an innovator in the apparel industry. In its product lines are highly functional clothes like AIRism, an undergarment that provides cool comfort to the wearer, Dry Pique Polo Shirt, a polo shirt that quickly dries body sweat, and UV Cut apparel, a clothes line with SPF protecting wearer from harmful sun rays.
UNIQLO promotes its "MADE FOR ALL" Philosophy, which captures the company's vision of providing casual clothing that is made for all people regardless of age, gender, ethnicity, or any other ways that define an individual.
As UNIQLO opens its doors to the Filipinos on Friday, it marks the official day of the brand's landing from Tokyo to Manila. The new UNIQLO store will be one of SM Mall of Asia's largest tenants.