- In July, the Japanese brand planned to make a debut in India with its first mall at Ambience Mall, Vasant Kunj.
- The first store is designed over 35,000 square feet of space and across three floors. It will open in the City’s Ambience Mall in Vasant Kunj that also have brands such as H&M. Uniqlo will launch its full collection for kids, men, women, and babies and will sell Asia-specific sizes in the market.
Japan-based fast-fashion brand UNIQLO is ready to debut in India and will open doors to shoppers in the capital city of New Delhi on October 4th, the company said in a press statement on Friday. The retailing giant is endorsed by Tennis superstar Roger Federer.
The store will open in Ambience Mall, Vasant Kunj. The retailer has two more stores lined up in the Delhi-NCR region over the next few months.
Chief Executive Officer of UNIQLO India, said “We are very excited to announce the opening date today. We look forward to formally opening our doors to the Indian customers and offering UNIQLO’s high quality, highly functional apparel that we call LifeWear starting from Delhi at Ambience Mall Vasant Kunj,”
In July, the Japanese brand planned to make a debut in India with its first mall at Ambience Mall, Vasant Kunj. Expansion to India will help the brand’s global strategy as it tries to beat Spain’s Zara and Swedish retailer H&M to sell more clothes globally.
The first store is designed over 35,000 square feet of space and across three floors. It will open in the City’s Ambience Mall in Vasant Kunj that also have brands such as H&M. Uniqlo will launch its full collection for kids, men, women, and babies and will sell Asia-specific sizes in the market.
The Company appointed Tomohiko Sei as the company’s Chief Executive Officer for India, along with Shantanu, who was hired as brand director earlier this year.
Before launching the store in India, The retailer previewed the collection to shoppers in India via its website with t-shirts for men starting at Rs. 490, pants for women starting at Rs. 1,490, formal men’s shirts were priced between Rs. 1,990 to Rs. 2,490. The brand’s iconic Ultra-light down vests jackets start at Rs. 3,490 and go up to Rs. 4,990. The website is not selling anything, it is just for the preview.
The first 500 brand enthusiasts and shoppers on the opening date will receive UNIQLO T-shirts (UTs) of their personal choice, the company added in its statement.
History of Uniqlo
Uniqlo was founded by Billionaire Tadashi Yanai and is the third-largest retailer in the world, after Inditex and H&M. The brand has more than 3,445 stores all over the world, and India will surely prove to be a huge market for them. During the end of FY18, Uniqlo’s revenues, according to its own reports, were 2,130 Billion Yen.
With Uniqlo making debut in India, the huge Indian market is going to be a battlefield for giants such as H&M, Zara and Uniqlo. Whosoever is gonna win this competition, the customer is the clear winner with a broad range of brands to choose from.
