UNIQLO Announces First Quarter Profit, Parent Fast Marketing Group Makes Big Profits

The Japanese market is doing well, and the market in China and Korea is growing rapidly.

Profits rose 63.9% in the first quarter of 2015.

Recently, the fast selling group of UNIQLO has delivered an ideal quarterly report. In the first quarter of fiscal year 2015, the net profit of XXX group rose 63.9% to 68 billion 800 million yen (about 3 billion 571 million yuan), much higher than the 48 billion 400 million yen (2 billion 512 million yuan) forecast by the market.

According to the financial report, in the case of weaker yen, UNIQLO's revenue in Japan's domestic market rose by 11.6% to 232 billion 600 million yen (120.72 trillion yuan) in the first quarter, while the international market rose 47.3% to 168 billion yen (8 billion 719 million yuan), accounting for 35% of the group's total revenue.

The income and net profit of the Greater China and Korea markets are much higher than expected.

In addition, another brand of XX group.

Double digit revenue increased.

Although the revenue source of fast marketing group is still dominated by Japanese market, the proportion of overseas market is increasing.

As of the end of November 2014, the number of overseas stores in UNIQLO reached 695, an increase of 183 compared with the same period in 2013, of which half of the new stores are in China.

In 2005, Pan Ning became general manager of UNIQLO and repositioned the brand as a middle-class brand.

Later, UNIQLO opened its China market with high cost performance. At present, more than half of UNIQLO's overseas revenue comes from the Chinese market.

Fast retailing group told reporters that UNIQLO opened 80-100 stores a year in China, and will maintain such a shop speed in 2015.

At the same time, another cheap brand GU of XXX group is also looking for business opportunities in overseas markets.

GU opened its first store in Chiba, Japan in 2006, and became popular because it launched about 62 yuan of cheap jeans in 2009.

In terms of style, GU pays more attention to fashion than the basic model of UNIQLO, and the price is more close to the people, making it cheaper than UNIQLO 30%.

In 2013, GU's first store in China opened in Huaihai Middle Road, Shanghai.

By November 2014, GU had opened second stores in Shanghai's Golden Green Court Square.

Unlike the first store in UNIQLO's "store in store", the second store is a separate store.

"About the opening plan of GU2015, the main direction is to open shop in Shanghai first, and this year will gradually expand the shop, but the specific quantity is not convenient to disclose.

The form of opening a shop may be like shop No. two is a separate shop, it may also be like the first store together with UNIQLO together to shop.

In an email reply to reporters.