UNIQLO Is Actively Looking For Acquisitions To Expand The US Market.
According to Bloomberg, FastRetailingCo.JP-9983 will turn Uniqlo into the ambition of the world's largest apparel retailer, making AmericanEagleOutfittersInc. (US-AEO) and AeropostaleInc. (US-ARO) potential. Buy Goals.
In an interview this month, TadashiYanai, a Fast Retailing executive, said that in addition to opening 3 Uniqlo stores in New York, it is looking for acquisitions to expand the US market and expects to increase global sales by more than 5 times to more than 60 billion dollars in 10 years.
As Japan's demand declined for the first time in at least 5 years, the fast selling sales of domestic sales accounted for a large share of stagnation. The 62 year old billionaire Liu Jing is also actively developing overseas. As the yen surged to a high level after the two World War, cash sales surged to an all-time high of $2 billion 600 million. TakagiSecuritiesCo. said Ryui Masa may have more money to buy now than to shop again.
According to Morning Star Inc (MorningstarInc.), both AmericanEagle and Aeropostale are included in his purchase list. AmericanEagle and Aeropostale have about 1000 outlets in the United States. clothing Retailers are cheap at least 25%.
"If they do not have a market share or shop in the United States, for them, the United States is just like emerging markets," Watts, chief investment officer of FifthThirdAssetManagement in Cincinnati, said in an interview by KeithWirtz. Converted by yen, American property is much cheaper. It is not surprising that they may have the idea of entering the world's largest consumer market. "
A spokesman for Fast Retailing declined to comment. A AmericanEagle spokesman in Pittsburgh said there would be no speculation or speculation. A spokesman for Aeropostale in New York did not immediately respond to a phone call from reporters.
Uniqlo opened the first US in New Jersey in 2005. Storefront But the next year is closed. In 2006, Uniqlo returned to the United States and opened a distribution shop in Soho District, New York. Two stores opened in New York last month, one of which is the world flagship store in Fifth Avenue. Celebrities such as Susan Sharan and SusanSarandon, EsperanzaSpalding, are dressed in Uniqlo clothing for advertising.
According to Katz, JaimeKatz, AmericanEagle and Aeropostale of Chicago's Morningstar retail department, they can make Uniqlo brand more perfect and let Ryui Masa enter the mall dominated consumer market. AmericanEagle is the clothing brand for young people, and the main products are jeans. Aeropostale sells casual clothes for young people aged 14 to 17. Consumer group 。
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