UNIQLO Temporarily Closes 270 Chinese Stores And Donates Warm Clothing.
In January 31st, Japan's fast fashion brand UNIQLO expressed its salute to all medical workers and professionals in the forefront of epidemic prevention through micro-blog, and donated more than 7100 pieces of high value thermal insulation worth 2 million 520 thousand yuan to the medical team in Wuhan, through the Wuhan Charity Federation. The white warriors who support the front line do their best to prevent epidemic diseases. Fight against the epidemic, unite as one, cold weather, UNIQLO to protect and support first-line medical personnel to send warmth.
In addition, the Chinese clothing network said that the Japanese express group of UNIQLO parent company revealed that in response to China's call to prevent the spread of the new epidemic of coronary heart disease, the number of stores in UNIQLO in China has increased from 130 to 270. By the end of last year, the total number of stores in UNIQLO in China was 750, which meant that nearly 4 (36%) stores were temporarily closed. On the current situation, with the closure of 40% of China's stores, UNIQLO's revenues in the international market will be further hit in the short term. After all, closing stores means a decline in sales, and rents and labor costs can not be reduced.
Source: Chinese clothing network: Ding Xuejiao
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