China'S Production Costs Rise. UNIQLO Wants To Set India As A New Sourcing Point.

　　 Fast Marketing Company UNIQLO's main purchase point of UNIQLO is China. But with China's rising production costs, UNIQLO intends to diversify its sourcing resources. The company is considering positioning the clothing procurement point in India.

Tadashi Yanai, chairman, President and chief executive of fast retailing company, met with Narendra Modi, India's prime minister Modi. Subsequently, the India government issued a short statement on its website that UNIQLO intends to purchase garments from India.

　　 Interview In the process, Mr. Mo Di sincerely invited Mr. Ryui Masa to develop the purchase business of UNIQLO in India, and emphasized the prominent advantages of India in the clothing industry, including abundant cotton output, skilled manpower, strong infrastructure, huge domestic market and many good harbors that can be used for export.

A spokesman for Fast Retailing said that with the globalization of business, UNIQLO is considering finding more production partners so that it can respond to the needs of consumers in a timely and efficient manner. But at present, the company has not made any practical decisions.

Though I want to do it in recent years industry The first expansion of UNIQLO in the Asian market, with target countries including China, South Korea and Southeast Asian countries, is still a fertile haven for India's brand development. LADYMAX fashion network has reported that UNIQLO claims to double the number of only 20 stores in the United States by the fall of this year, that is, it plans to add 18 new stores in the next 2 months, in Boston, Philadelphia and South California.