UNIQLO Seven City Seven Stores Open At The Same Time, Hoping To Break Through 1000 Stores In 2021.

According to UNIQLO official micro-blog news, on May 31st -6 1, UNIQLO seven city seven shops have been grand opening. 7 new stores include Fuyang Yingzhou Wanda Plaza store, Xianning Jincheng Plaza store, Hangzhou Jinsha impression city store, Lishui Wan Di Plaza, Linyi wyue Plaza store, Changsha century Jin Yuan Shopping Center store, Ji'nan impression city store.

According to the first half results of the end of February 2019, released by the fast selling group of UNIQLO parent company. The first half of 2019 showed that the best performance of enterprises was in history. Driven by the strong performance of the Chinese mainland market, sales of UNIQLO overseas business increased by 72 billion 500 million yen to 580 billion yen (up 14.3% over the same period last year), and the Greater China region has become the main driving force for overseas growth. The sales and operating revenue of UNIQLO in the first half of fiscal year increased by two digits. By the end of August 2019, the sales volume of UNIQLO will reach 500 billion yen in the whole fiscal year, and its operating income will reach 85 billion yen.

By the end of February this year, there were 673 stores in mainland China, 28 stores in Hong Kong and Macao, 67 stores in Taiwan, and 768 stores in Greater China.

In mainland China, UNIQLO stores are mainly concentrated in the first tier cities with strong purchasing power and strong transmission power, and the number of stores is about 30% of the number of stores in mainland China. At the same time, UNIQLO has adopted a positive store expansion strategy in the two or three tier cities, and has grown together with two or three cities with high growth potential.

It is understood that UNIQLO opens 80-100 new stores in China every year, and the number of stores in the Greater China region is expected to exceed 1000 in 2021. In addition to ensuring the growth of new stores, UNIQLO is also concerned about how to manage every store carefully to increase profits and ensure that stores are in a steady state of profitability.