Japan'S UNIQLO Casual Wear Shop Is Coming To Singapore.

UNIQLO, the most popular casual wear brand in Japan, will be unveiled next year in the retail market in Singapore.

The joint venture agreement between Wing Tai retail and fast retailing (Fast Retailing) under Wing Tai holdings was held on Thursday.

Singapore will become the fourth base of UNIQLO in Asia, which has successfully landed in China, Hongkong and Korea.

The target group of the brand is mainly young people and the mass market, as well as the mid-range price market and luxury goods market.

Fast Retailing Co said the company plans to establish a UNIQLO shopping network in Singapore.

Wing Tai said the new joint venture is consistent with the company's plan to expand its brand successfully.

Wing Tai Holdings Limited is a major property developer in Singapore, and also a lifestyle company, renowned for its quality and design.

The company focuses on Invest-holding Company, focusing mainly on the Asian market.

The core business of Wing Tai Asia Group, including USI holding limited in Hongkong and DNP holding company in Malaysia Berhad, is property investment, development and management, as well as fashion retailing, entertainment management and catering franchising.

The new joint venture will be built in Singapore in 8 this year.

Singapore's first UNIQLO shopping center is scheduled to open at the end of August 2009.