Uniqlo Parent Company's Stock Sales Rose Faster Than 8%
Uniqlo UNIQLO's parent company, Asia's largest clothing retailer, FastRetailingCompanyLtd. fast Marketing Group yesterday officially entered the Hong Kong exchange's trading code 06288.HK by HDR, FastRetailingCompanyLtd. rose 8.6% to HK $29.7 at the opening, followed by a drop of HK $29.
Before March 5th, FastRetailing It was announced that FastRetailingCompanyLtd. of the Hong Kong stock market was issued by FastRetailingCompanyLtd XXX in March 4th, and the market price was 35890 yen, which was issued in HK $27.63. The Hong Kong stock pre depositary shares represent 0.01 shares, or 100 shares of FastRetailingCompanyLtd, representing 1 shares of FastRetailingCompanyLtd.
FastRetailingCompanyLtd. has not issued new shares, the industry said. Fast marketing We hope to expand the influence of China by the HKEx to consolidate its Asian status.
FastRetailingCompanyLtd has launched a $50 billion sales target in 2020. In addition to the Asian market, the US market is an important market for achieving its goals. Fast selling hopes that the US market will reach US $10 billion in 2020, and it is obviously difficult to achieve 17 stores by its current American market.
Last weekend, market rumors that FastRetailingCompanyLtd will sell J.CrewGroupInc for $5 billion.
In an interview, TadashiYanai Ryui Masa said that FastRetailingCompanyLtd. (9983.T) Xun group will surpass Zara sayla parent company InditexSA (ITX.MC) in 2020 to become the world's largest apparel retailer. But in the last fiscal year, FastRetailingCompanyLtd. (9983.T) sold $11 billion 200 million in sales, only half of InditexSA (ITX.MC) US $21 billion 700 million, and the expansion rate was almost the same.
As for how to surpass InditexSA (ITX.MC), Hennes&MauritzAB (HMb.ST) and GapInc. (NYSY:GPS) as the world's largest retailer in 6 years, TadashiYanai Ryui Masanobu vowed that even if it does not rely on acquisitions alone, there is hope for the organic growth of the group.
TadashiYanai Ryui Masa said the Greater China region and the US market are two important markets for achieving the ambitious goal of fast selling. FastRetailingCompanyLtd. (9983.T) fast marketing group plans to open 80-100 new stores in China every year, plus the existing 260 stores to realize 1000 stores by 2020, and will open more stores to two or three cities in the Chinese market. Meanwhile, TadashiYanai Ryui Masa said that it would launch a cheaper product in China to meet the disposable income of the two or three tier consumers, such as Beijing, Shanghai and Guangzhou.
At the end of February, YoshihiroKunii well KUIHAO, executive vice president of product sales, disclosed the news. FastRetailingCompanyLtd. (9983.T) Xun group and Hennes&MauritzAB (HMb.ST) have previously disclosed that China will become the largest market in the coming years. According to the data, the largest market of FastRetailingCompanyLtd. (9983.T) XXX group in Japan in the 2013 fiscal year as of August 31, 2013 was about 67% of the group's revenue, accounting for 856 of the total revenue, while the largest market for Hennes&MauritzAB (HMb.ST) was Germany.
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