UNIQLO'S Primary Task Is To Accelerate The Opening Of Overseas Stores To 633 Stores.

UNIQLO, which relies on overseas performance, continues to expand.

UNIQLO recently announced its first location in the Canadian market. The two shops in Toronto are scheduled to open in the autumn of 2016, while Vancouver's stores are also planning.

It is understood that UNIQLO's two shopping malls located in Toronto belong to Cadillac Fairview group.

Among them, the Eaton centre's UNIQLO store area is 28 thousand square meters (approximately 3111 square meters), opened beside h&m; the shop area of DELL shopping mall in York (Yorkdale shopping centre) is 24 thousand square meters (about 2666 square meters), will be located in the new expansion part of the shopping mall, this part will also open 27 new shops including Nordstrom.

Larry meyer, chief executive officer of North America, UNIQLO, said that entering the Canadian market is a milestone in UNIQLO and an important step in its development strategy.

according to

According to the financial year report data of the parent company's fast selling group as of August 31st last year, Japan's UNIQLO income increased by 4.7% to 751 billion 600 million yen compared with the same period last year, and its profit grew 11.6% to 106 billion 300 million yen compared with the same period last year. The double growth of profit and profit came from the growth of single store sales. Compared with that, the growth of overseas UNIQLO growth was strong, with the increase of 64.7% to 413 billion 600 million yen, and the profit growth of 165.1% to 32 billion 900 million yen.

The rapid increase.

By the end of August last year, the total number of overseas UNIQLO stores increased by 187 to 633. The fast selling group said that for UNIQLO's global business, the primary task is to speed up the pace of opening new stores.

Although fast forward group's revenue source is still dominated by the Japanese market,

The proportion is increasing.

As of the end of November 2014, the number of overseas stores in UNIQLO reached 695, an increase of 183 over the same period in 2013.

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Gap group's brand of the same name is once again in trouble.

The company's chief executive said that a more inspirational series of women's clothing is the key to rejuvenate the chain store.

Last year, comparable sales of Gap brands fell by 5%, while the sales of its sister brand Banana Republic were flat, while the sales of parity brand Old Navy increased by 5%.

In order to regain its foothold, Gap recently cancelled the post of creative director, Rebecca Bei, a star design consultant.

Rebecca, who joined Gap only two years ago, has successfully launched H&M's high-end brand Cos.

Gap also hired a new brand president.

Last Thursday, Gap CEO Gap said that revitalization of the brand is a top priority, and that means focusing on women's clothing business.

Parker personally held the Gap brand a few years ago.

Last week, pike first attended the earnings call conference after being CEO of the company. He said: "first, we need to reinvigorate women's clothing business.

There is an aesthetic problem here. We are working hard to solve this problem as soon as possible. "

Earlier this month, Parker replaced Glen Murphy, who has been CEO for a long time.

"To achieve our expected performance, women's clothing must be fully opened."

Gap also announced last Thursday that it hired former L Brands executive Wen di Goldman as vice president of Gap product development and design.

Parker said the position was tailored for Goldman.

Pike said that although the Gap cowboy business was slightly improved, the brand's top coat, especially knitted sweater, lacked fashion sense and was neither fit nor beautiful.

Speaking of Gap's female customers' lack of interest in existing products, Pike said, "they just don't blink at the present product."

The problem is that its spring and summer products are already in stock. Therefore, the company warned that the "slower Gap brand situation" will affect its profits in the new fiscal year.

In other respects, Gap can be seen as the initiator of its own problems.

In terms of speed up in the supply chain, Gap falls behind the sister brand, which makes it unable to react quickly to the hot or cold fashion trend, nor can it respond to H&M and UNIQLO's actions quickly.

Therefore, Parker will shorten Gap's product cycle as a priority and complement other changes, so that Gap can rapidly increase the output of hot products.

From February 2011 to November 2012, park served as president of Gap North America and its 700 stores.

He said his experience shows that Gap brand can make a comeback.

Gap has struggled for several years, and has closed 200 stores. But in 2013, he won great success with bright jeans and "fashion".

In fact, pike promised to introduce more color, print and pattern products later this year.

Gap can not afford to lose its brand name with its annual sales of up to $6 billion 200 million.

The Gap brand has contributed 38% of the company's sales, and the brand is expanding overseas.

Gap's men's wear, baby clothes and Fit product line's performance is good.

But the biggest product category of the brand is women's clothing.

This situation must be reversed.

Pike said, "I really hope Gap is not at the moment."