Tag: GU

Retail Asia07/12/2018
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6min0
A brand-new store opened last week in Tokyo’s Harajuku fashion district but it has a twist: shoppers are meant to walk away empty-handed. The GU Style Studio store, opened by Asia’s largest clothier and Uniqlo operator Fast Retailing Co., is for customers to try apparel and place orders online for later delivery. They can also try out extra services, such […]

Retail Asia15/11/2018
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1min0
Japanese casualwear retailer GU will open a “next-generation” Style Studio in Harajuku this month, merging physical retail and advanced technologies. The studio will feature digital signage and a style creator app in the high-end retail district of Tokyo for the Fast Retailing-owned fashion brand. A spokesperson for the brand indicated the store will bridge online […]

Retail Asia18/09/2018
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4min0
G.U, a casual clothing retailer owned by the parent company of Uniqlo, opened its first Korea store in the Lotte World Mall in southern Seoul on September 14 with the promise of bolder patterns and slightly lower prices that can’t be found at its better-known sister brand. The 1,390-square-meter (14,960-square-foot) store in the mall’s basement comprises 11 […]

Retail Asia21/05/2018
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1min0
Fast Retailing Group brand Gu plans to launch in South Korea this year with a store in Lotte World Mall in Jamsil, Seoul. With the brand message “Your freedom”, the Japanese clothing store will have a sales floor area of 1400sqm and offer items for women, men and children. “Launching in such a fashion-conscious country […]

Retail Asia07/10/2016
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2min0
Japanese retail holding company Fast Retailing intends to have 1000 shops for its low-cost GU brand overseas in 10 years, up from about 10 foreign stores now. GU sells clothing often priced at about half that of stablemate Uniqlo. Fast Retailing will expand GU first in Asia, where Uniqlo has been successful, says chairman/president Tadashi […]

Retail Asia20/07/2016
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5min0
Revenue rose but profit fell for Uniqlo parent The Fast Retailing Group for the first nine months of its latest fiscal year, from September 1 last year to May 31. Consolidated revenue for the group reached ¥1.4346 trillion (US$215 billion), a rise of 6.4 per cent year-on-year. For its three business segments, Global Brands saw […]

Retail Asia19/04/2016
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2min0
Uniqlo profit has plummeted in the Japanese fast fashion chain’s first half year. Parent Fast Retailing has revealed a 33.8 per cent decline in year-on-year surplus, despite a 6.5 per cent increase in sales from September 2015 to February 2016. Consolidated revenue reached JP¥1.0116 trillion (US$9.385 billion) and profit ¥99.3 billion (US$1.535 billion). While Global […]

Retail Asia14/01/2016
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6min
Uniqlo, Asia’s largest apparel retailer, has delivered a disappointing set of results for the quarter to November 30. While revenue rose 8.5 per cent year on year to ¥520.3 billion (US$4.44 billion), profit fell 16.9 per cent to ¥75.9 billion ($647.1 million). Considerable depreciation of the Japanese yen was the main factor in a ¥29.0 […]

Retail Asia07/10/2015
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2min
Japanese retail company Fast Retailing has launched HELP, a global initiative to help clothe refugees. The project – dubbed 10 Million Ways to HELP will be run in conjunction with the UNHCR. Collection starts at Uniqlo and GU on October 2 at stores around Japan and from mid-October in other markets. According to a Uniqlo […]


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